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Gao Yong, secretary of the party committee and secretary-general of the China Textile Industry Federation, led a team to investigate textile investment in Bangladesh and Malaysia from November 11 to 16. The following will briefly introduce the situation of enterprises.

I. Investment of Textile Enterprises in Bangladesh

1. Oriental International Group Shanghai Litai Import and Export Co., Ltd. is the production base in Bangladesh-Oriental Charm Knitting Co., Ltd.: The company has nearly 300 computerized flat knitting machines and various supporting production equipment in the Bangladesh factory, with nearly 1000 production personnel. The annual output is 1.2 million woolen sweaters, the export value exceeds 10 million US dollars, and plans to expand the production capacity and develop.

2. Chittagong Korea Export Processing Zone is a world-class textile and garment processing zone invested and built by Korea Yongyuan International Trading Company in Bangladesh. The park has an advantageous geographical location, built-in standardized workshops and complete supporting facilities; it provides investors with a window for the global market; the surrounding labor resources are sufficient and high-quality; the infrastructure is complete; the transportation is convenient; the import and export are free of tariffs. The land area of the park is 428795 square meters, the construction area is 168461 square meters, and the production area is 162642 square meters. At present, there are three factories for garments, shoes and accessories, which process woven and knitted garments, jackets, trousers and shoes, as well as filling, lining and quilting.

3. Lidecheng Garment Co., Ltd.: Mr. Zhuang Lifeng, the founder of the company, invested and built a factory in Bangladesh as early as 1995. After more than 20 years of development, Lidecheng has become the "leader" in the industry, mainly producing underwear, children's clothing and sportswear, as well as OEM production for famous brands in Europe and the United States. It is the largest Chinese-funded garment company in Bangladesh. Li Decheng's successful experience: First, based on small things, long-term vision. "Do every little thing well" is the core concept of Lidcheng's operation and management. At the same time, the company has also formulated long-term development plans: grasp the pulse of popularity; develop independent brands; and actively explore the market. The second is to treat employees and contribute to the community. Lidecheng has established a good management system to protect the rights of employees and ensure that they can devote themselves to their work. At the same time, the company also strives to cultivate good relations with the surrounding community.

Bangladesh's biggest advantages:(1) market economy, the government does not interfere in the operation of enterprises;(2) the population is large and convenient to recruit workers, and the wages of workers are low, with an average of about US $170 per person per month, but the quality of workers is low, the level of education is not high, the employment is large, the efficiency is low, and training is required;(3) investment in the clothing industry has advantages, and exports to the United States and the European Union have little tax exemption.

The disadvantages are:(1) the land is privately owned, the infrastructure must be built by itself, the infrastructure requirements are high, the investment is large, and the basic traffic jams are serious;(2) there are cultural differences, it is a Muslim country, and the management is difficult;(3) the policy changes are fast and the randomness is great;(4) the textile industry chain is not perfect and the raw materials need to be imported;(5) the electricity is not enough, and the electricity charge is 10 cents per kilowatt hour.

Investment of Textile Enterprises in Malaysia in 2.

1. Call on Malaysia Investment Development Agency and Textile Chamber of Commerce to understand Malaysia's policies on textile investment. Malaysia's high quality labor force, good education base, can provide enterprise management personnel. However, most of the workers are foreign workers, and the labor cost is about 250 US dollars per person per month. The quota should be given through the government's evaluation of enterprises. Labor-intensive enterprises are not encouraged to invest. Enterprises with high scientific and technological content, employment and less pollution are encouraged to invest in factories. The electricity is sufficient and the electricity charge is 10 cents per kilowatt hour. It is up to the government to assess how much the tax rate is set for the government to approve investment enterprises. The Malaysian government services are in place, the investment environment is good, the infrastructure is good, the logistics is convenient, fast and cheap, and there are many ports. In terms of import and export, Malaysia is an ASEAN country with many free trade agreements and low tariffs.

2. Shandong Daiyin Group Malaysia Cotton Spinning Company: At present, the company has completed the first and second phases of spinning 250000 spindle projects. The first phase of 100000 ingots was started in March 2014 and put into production in May 2015. The second phase started in 2017 and put into production in May 2018. It has now earned an additional $0.1 billion in foreign exchange from exports. The third phase of the project is currently under preparation, with a total project of 500000 ingots. It is planned to employ about 2000 people, which is the largest textile project invested by Chinese enterprises in Malaysia, with a total investment of 0.4 billion billion US dollars.