China'S Strong Supply Chain Advantages Help Defeat Bangladesh'S Textile Industry
Far away from China
Pearl River Delta
In the South Asian subcontinent of the world factory, the rising textile industry in Bangladesh is trying to challenge strong Chinese peers. However, China's strong supply chain advantages make it difficult for this competitor to compete with China.
Bangladesh is rapidly becoming a part of the global low-end textile and apparel supply chain, accounting for 80% of its total annual export volume of $15 billion 600 million, according to the report.
However, in the eyes of the world, the low land country with a population of 155 million has always been known for seasonal floods and other natural disasters.
Poor infrastructure, frequent power outages, backward port turnover efficiency and other weak logistics support have hindered Bangladesh's export growth.
The only advantage is the very low wages of workers.
Moreover, compared with China, Bangladesh's proportion in global clothing exports is still negligible.
For countries like Bangladesh, even if they want to
Low-end
Manufacturing industry is not easy to catch up with China. One of the main reasons is that China has a large and advanced supply chain.
Take the Pearl River Delta Dongguan as an example, the past small bridges and pastoral scenery have been replaced by many interdependent and interdependent factories.
With the support of modern roads, ports, airports and railways, these factories have formed a huge scale.
Supply chain
System.
Hongkong, the financial center not far away, has become the external gateway of the supply chain.
Moreover, for the competitors such as Bangladesh and Vietnam, the lack of supply chain also made them vulnerable to the strong RMB exchange rate, because many factories there rely heavily on downstream raw materials imported from China.
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