Zero Tariff Lower Sichuan Shoe And Clothing Enterprises Lock In South Asian Market

Enjoy Bangladesh's "zero tariff" treatment.

Yesterday, under the organization of the provincial commerce department, more than 10 enterprises went to Bangladesh, Brunei and Sri Lanka, hoping to promote a number of power plants, distance education, housing construction and other external contracting projects and foreign investment projects.

Since July 1st this year, China has imposed zero tariffs on 4721 commodities imported from Bangladesh. In Bangladesh, many products can also enter the European, Japanese and other markets without tariffs.

In the context of favorable policies, Sichuan enterprises have begun to plan the layout of the South Asian market.

New hope set up in Bangladesh

New hope group has employed more than 100 labor force in Bangladesh factory, and has produced 120 thousand tons of chicken feed and fish feed production capacity annually, and its products are sold well in Bangladesh.

At present, the company is preparing to build second feed plants in Bangladesh.

The Provincial Department of Commerce revealed that in addition to the new hope, the trip will promote a number of projects in the three South Asian countries respectively.

From the project point of view, it involves not only traditional power plants, pmission and pformation projects, real estate projects, but also new projects such as software construction.

Among them, a $240 million thermal power plant project will be launched in Bangladesh, a total of hydropower projects with a total investment of US $100 million, and a number of highway and bridge projects. In Brunei, a large housing project will be promoted, and distance education in Sri Lanka will be promoted.

Once the project is signed, it will drive Sichuan enterprises to invest in South Asia, labor services and import and export trade.

According to the data provided by the Provincial Department of Commerce, under the impetus of large enterprises such as the provincial machinery and equipment import and Export Corporation and Dongfang Electric Co., Ltd., Sichuan enterprises have contracted 26 projects in South Asia, with a contractual amount of US $5 billion 680 million.

Sichuan enterprises have accumulated rich experience in overseas project contracting in South Asia.

Chengdu shoe companies lock in South Asian market

The rapid development of South Asia has created enormous demand.

In Bangladesh, for example, the country is focusing on bidding for power plants, bridges, railways and other projects.

To solve the problem of power shortage, Bangladesh plans to increase its national generating capacity to 7 million kilowatts by 2013. In the next few years, it will need more than 300 kilowatts of installed capacity, including 4 large scale coal-fired power plants with 50-130 kilowatts.

This will create a rare opportunity for China's coal-fired generating units to undertake overseas projects.

Bangladesh's superior commodities include garments, leather, jute and seafood. At present, export to China can enjoy zero tariff treatment.

The fabric, yarn, accessories, dyestuffs and mechanical equipment used in Bangladesh are mostly imported from our country. Our textile and garment enterprises and related enterprises can set up factories in Bangladesh, pfer garment manufacturing and related industries, or vigorously develop the export business of upstream products and supporting products.

In Mencius factory, products such as garments produced by enterprises can enter the market of Europe and Japan without any duty.

The import and Export Chamber of footwear industry is paying close attention to "zero tariff" business opportunities.

Due to the successful entry into emerging markets such as ASEAN, the export of footwear industry in our province increased by nearly 8 in the first half.

The chamber of Commerce will also organize enterprises to participate in the Vietnam International Footwear Exhibition in September, with the aim of entering ASEAN and Japan as a springboard.

After ASEAN's firm foothold, the next goal of Sichuan shoes is South Asia.