Rising Labor Costs In China Benefiting Laos Clothing Industry

According to Laos Vientiane times, Laos clothing The industry association has revealed that due to the rising labor costs in China, the international orders received by the Laos clothing industry have increased significantly recently.

It is said that China is clothing Labor costs in manufacturing increased by 30%, leading to partial orders shifting to countries with lower production costs, such as Laos, Thailand and Vietnam, though Laos this year. clothing There is no new investment in the industry, but orders received over the past few months have increased by 15% over the same period last year. Faced with rising labor costs, Chinese garment manufacturers have begun to order more products from Laos. The sudden increase in orders also made Laos facing the challenge of labor shortage and needed to replenish at least 6000 workers to increase production.