Relying on the advantages of labor force and low cost, China's foreign trade has taken 30 years to build the world's largest exporter and become a "world processing plant".
Many foreign trade companies often imprint the "Made in China" (Made in China) mark on processed products. "Labor intensive", "cheap labor", and "low creativity" have become the common impression of foreign companies on Chinese companies.
Today, with the advent of China's aging society, the demographic dividend has gradually disappeared, labor costs have gradually increased, coupled with the multiple restrictions on trade, the old road of low-price OEM occupation of the market is no longer feasible, and the extensive growth model has come to an end. The production of many international brands is gradually shifting from China to Southeast Asian countries with lower labor costs such as Vietnam and Laos.
Some companies have also experienced the transition from domestic trade processing to foreign trade processing, but eventually realized that simple OEM processing can only be used as a "wedding dress" for others, while enterprises can only earn low-cost processing fees and face various foreign trade Barriers and financial risks. Only by creating your own brand and using "creativity" to add value to your product can you achieve a gorgeous turn for your business.
