在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Global EditionASIA 中文雙語Fran?ais
World
Home / World / China-Africa

Attracting more manufacturing bases given priority by countries

By Edith Mutethya | China Daily | Updated: 2018-05-04 10:51
Share
Share - WeChat

African nations strive to lure Chinese entrepreneurs to set up factories and create jobs

Employees of a transformer manufacturing and repairing company, YOCEAN Group, based in Nairobi, Kenya. EDITH MUTETHYA / CHINA DAILY

As the Chinese government continues to encourage investors to venture overseas, African nations are wooing entrepreneurs to set up manufacturing bases in their countries.

The World Bank estimates that China could shed 100 million low-skilled manufacturing jobs over the next few decades, and African countries are vying to take advantage of this opportunity.

Albert Muchanga, the AU commissioner for trade and industry, says Chinese investors should take advantage of the newly signed African Continental Free Trade Area to set up manufacturing bases in Africa.

The ACFTA will cover an African market that now has 1.2 billion people but is expected to hit 1.7 billion by 2030.

"By setting up manufacturing bases in Africa, Chinese companies are assured of a cheap, adequate labor force, access to raw materials and a big market," he says.

Recently, the Kenyan government held a forum with Chinese enterprises, wooing them to support it in fast-tracking attainment of the country's Big Four development agenda in the manufacturing, housing, healthcare and agriculture sectors.

The Kenyan government seeks to raise the share of the manufacturing sector from 9 to 15 percent of gross domestic product by 2022, as well as create 1.3 million manufacturing jobs.

In the leather industry, the country targets production of 20 million shoes by 2022, while for textiles, the targets call for development of cotton production using hybrids. In agri-processing, the government plans to support the creation of 1,000 small and medium-sized enterprises as well as 200,000 jobs by 2022. Other plans include creation of export processing zones in efforts to increase exports annually by 20 percent.

Ethiopia is already ahead of the pack in terms of attracting Chinese factories. Currently, many Chinese companies have invested in the country's shoe-and garment-making sectors.

In its effort to accelerate manufacturing growth, Ethiopia is implementing an ambitious industrial park strategy that hinges on attracting foreign direct investment to the export-led and labor-intensive manufacturing sector.

The imperative is to build on the country's agricultural foundations by moving toward new tradable activities in manufacturing that absorb large numbers of young and semi-skilled workers.

Tanzania, Senegal and Rwanda are also pursuing Chinese textile investment through establishment of industrial zones.

According to the World Bank, sub-Saharan Africa's potential competitiveness in light manufacturing is based on two advantages.

The first advantage is low labor costs. In Ethiopia, for example, while labor productivity in some companies approaches levels in China and Vietnam, wages are only a quarter of China's and half of Vietnam's, and overall labor costs are lower still. Sub-Saharan Africa's second advantage is an abundance of natural resources that supply raw materials such as hides for the footwear industry, hard and soft timber for the furniture industry and land for agribusiness.

A 2016 report by the African Center for Economic Transformation, "Seizing New Opportunities in Manufacturing", said that even though African countries face challenges in breaking into world manufacturing markets, new developments work in their favor.

These include rising wages in China, a shift in Asia away from export-led growth to domestic and regional consumption-led growth, Africa's growing regional markets and falling transportation costs. Other promising factors include improved access to abundant natural resources, improving productivity, access to global value chains and improving economic policy environments, the report said.

However, African manufacturing is still in its infancy and is seen as being curtailed by a number of structural shortcomings, including lack of quality transportation infrastructure and electricity supplies, low productivity and a shortage of skilled labor and innovative entrepreneurs, it said.

edithmutethya@chinadaily.com.cn

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 一区二区三区日本 | 播放一级毛片 | √新版天堂资源在线资源 | 亚洲无限资源 | 99在线免费视频 | 性视频网站免费 | 欧洲精品一区 | 99国产精品久久久久久久 | 日本中文字幕第一页 | 中文字幕视频 | 国产精品永久在线 | 色久视频 | 日本黄色大片免费观看 | 欧美一区二区三区视频 | 天天色天天看 | 国产色在线| 三级性视频 | 久久久成人网 | www.国产| 国产成人精品免费视频大全最热 | 久久视频一区二区 | 中文字幕在线视频免费观看 | 亚洲国产精品成人综合色在线婷婷 | 99福利视频| 国产激情在线观看视频 | 97电影在线观看 | 日韩精品1区2区3区 99久久视频 | 91久久综合亚洲鲁鲁五月天 | 在线播放亚洲 | 国产精品久久精品 | 日本一本视频 | 制服 丝袜 激情 欧洲 亚洲 | 米奇狠狠操 | 黄色工厂在线观看 | 日韩在线看片 | 国产免费自拍视频 | 国产精品日韩欧美 | 亚洲自拍一区在线观看 | 91久久| 亚洲乱码一区二区三区在线观看 | 欧美午夜视频在线观看 |