Himfr.com Discuss How Chinese Clothing Enterprises are Successfully Entering the...

Himfr.com Discuss How Chinese Clothing Enterprises are Successfully Entering
the Korean Market

BEIJING, Oct. 23 /Xinhua-PRNewswire/ -- Himfr.com, one of China's leading
B2B search platforms with more than 30 B2B industry websites to its name,
today discusses the growing influence of Chinese clothing
( http://www.qualitydress.com/buy-Chinese_clothing/ ) manufacturers on the
Korean peninsula.
China is South Korea's largest trading country; the trade volume between
the two sides will undoubtedly continue to grow. South Korea's best-loved
clothing ( http://www.qualitydress.com/products/ ) brands have entered the
Chinese market, and the "Korean wave" has spread across China. Now, Chinese
clothing companies are heading in the opposite direction in order to get their
share of the pie, basing themselves in areas like Seoul's Chinatown.
Himfr.com analysts found that manufacturers from China'sShandong Province
are responsible for 70% of clothes in the Korean market today. South Korea's
well-known clothing enterprise LG, and its brand suit, "TNGT," is entirely
produced in China, and then sold back to South Korea. Many of South Korea's
famous clothing brands are produced in Shandong, Jiangsu and other regions in
China.
Last year, in order to explore the Chinese clothing market in South Korea,
Shandong Haihe Chamber of Commerce visited South Korea to study their market,
preparing a project called "Chinatown in Seoul." The project was designed to
find a way of doing business in South Korea effectively.
At present, Seoul's Chinatown has attracted Chinese manufacturers ranging
from daily-use commodities to investments. Beijing, Shanghai, Nanjing,
Baigou,
Hangzhou and other cities in China have now set up more than 10 offices there.
It is reported that Baigou, famous for luggage
( http://www.qualitydress.com/buy-luggage/ ), will begin to construct a
"Luggage City," while businessmen from the Chinese city of Wenzhou are also
expected to establish a "Shoe City" in Seoul.
To buy a retail space of 13 square meters in Seoul's Chinatown would
usually cost around 0.7 million Yuan, and the investment recovery period is
generally 5-8 years. For those who do not want to spend huge amounts of
money on purchasing their own business premises, they can rent a standard shop
for around 8,000-16,000 Yuan per month.
For those seeking to enter the Korean apparel market, the most important
thing to remember is the status quo of the South Korean clothing market.
Also, Himfr.com believes that its affiliate website, Qualitydress.com
( http://www.qualitydress.com/ ) can help manufacturers looking to develop
their markets in South Korea , as it provides the perfect platform for buyers
and suppliers to get together in the most efficient manner possible.
For more information, please contact:

Himfr.com
Room 610, Ximen commercial Building, 256 Xinhua Street
Tong Zhou district, Beijing, China 100110
Tel: +86-10-5211-8138
Email: cs@himfr.com

SOURCE Himfr.com

Himfr.com, Room 610, Ximen commercial Building, 256 Xinhua Street, Tong Zhou
district, Beijing, China 100110, +86-10-5211-8138, or cs@himfr.com