According to the “Daily Star” report on July 26, benefiting from the Chinese government’s “One Belt, One Road” initiative, more and more Chinese companies are paying attention to Bangladesh, bringing new business opportunities to Bangladeshi companies. According to statistics from the Bangladesh Export Promotion Bureau, Bangladesh’s exports to China in the 2016/17 fiscal year were US$949 million, a year-on-year increase of 17.49%. Among them, Bangladesh’s garment exports to China in the 2016/17 fiscal year were US$390 million, a year-on-year increase of 14.77%. According to the analysis, China’s garment manufacturing market is transforming into a mid-to-high-end market, and the middle class has a greater demand for relatively low-priced mid-to-low-end products, which is the main reason for the continued growth of Bangladesh’s garment exports to China. Bangladesh’s garment exports to China are growing rapidly
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