Comparison Between Dongguan'S "Third World Wages And The First World Infrastructure"

The news of shortage of labor in manufacturing industry has always been the front page of Chinese media, but it has proved that some enterprises have stronger recruitment ability than others. Smaller factories are suffering from labor market. Field tightening However, large enterprises that can provide better benefits can find ways to recruit the employees they need.

Dongguan, Guangdong province is the location of many light manufacturing factories in China. Here, enterprises give many promises to recruit workers, including annual bonus, annual leave, and even give rewards to employees on their birthdays. "Now the workers are God," complained a factory owner.

This is exaggerated, but it also highlights an important demographic change. The endless supply of labor in China is no longer endless at the moment. Feng Guoguan, managing director of the world's largest supply chain company, Li Feng, said that the world should be prepared to meet a wave of cost push. inflation "

According to statistics from Longzhou Economic Research Institute, the labor productivity of China's garment manufacturing industry has increased by 13% over the past 2003-2010 years, which has offset most of the increase in wages. In addition, for the electronics assembly and other industries, a highly efficient and tightly structured supply chain, from factories in Japan or Taiwan, China, has shipped products to the Pearl River Delta for labour intensive processing, which determines the difficulty of spanferring production facilities. In addition to RMB exchange rate The problem is that China's infrastructure level is comparable to that of Korea. This means that China combines "the wages of the third world and the infrastructure of the first world".