Shift new factories to emerging countries
"The world's 1/8 of cell phones and 1/10 shoes are made in Donguan", said Dongguan's Mayor, Mr. Yuan Baocheng, as he expounded on the city's manufactory and electronic industry to foreign media during the period when the city was holding Guangdong 21st Century Maritime Silk Road International Expo.
30 years ago, citizens in this world renowned manufactory base were even unable to afford a pair of decent shoes, when it was an agricultural city. Now the agricultural industry contributes to less than 0.5% of the city's GDP, while the tertiary industry takes up 53%.
"Before, Dongguan's huge low cost labor market and resources make it as the major destination for Hong Kong, Taiwan and Japanese companies establishing factories here. In this way, Donguan successfully transformed from agricultural-dominated economy to a manufactory city. But now, provided many countries in Southeast Asia offer comparatively lower labor cost, it's time for us to relocate the industry there, especially in Laos and Burma", said the city's Major.
In fact, so far many of the city's clothing and furniture companies have already landed on Southeast Asia, Africa and South America. Besides, it has also established trade offices in Malaysia, Indonesia and UAE.