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Contract Exporters Must Transform Business Model - Expert

CHINA PRESS
MNI (BEIJING)

Chinese contract exporters such as wholesale textile manufacturers must transform their business model to develop their own brands and e-commerce businesses, according to Wang Jian, dean of the International Business Research Center at the University of International Business and Economics. Wang noted a high number of contract exporters at this year's Canton Fair will encounter problems in the future, as other countries have cheaper labour costs coupled with strong capabilities. China will see stronger export performance in H2 this year, as orders build up towards Christmas.

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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