Challenges and opportunities: The road of industrial transformation and upgrading in Yiwu
By Jiawei Li, Junhan Xu, Yicheng Yao “Manufacturing relocation is inevitable; Southeast Asian and South American countries will take over low-end manufacturing industry in the near future.” Mr. Guo, the founder of iLilace, a multi-platform, multi-million housecare product exporting business, stated. “Nations such as India and Malaysia are indeed catching up in terms of low-end […]