Integrated knitwear production for Hong Kong and the interior of China

Abstract

Hong Kong knitwear manufacturers were among the pioneers to invest in the Pearl River Delta region of Guangdong, China. Owing to limitations on technological level at the time of the initial investments, the content of production - sharing for the Inland in China were basically of simple technology and labour intensive in nature. Through venturing hardships, the investment has been able to boost the economy of Guangdong and foster close trade relationship, especially in outward processing trade. By now, the co - operative production between the two places is becoming more mature and the trend has signified that Hong Kong established subsidiary firms in the Interior of China is taking up more responsibilities in the knitwear production pipeline. The mass development in infrastructure in the Interior of China and its impending accession to the World Trade Organization will further accelerate the pace of activity transfer.