To thank all the employees for their hard work,Enrich employees' cultural life and further enhance team spiritAnd cohesion. Shanghai Jingpu organizes team tours every year，Not only is it the company's reward for the hard work of its employees, but it is also the employee welfare that the company has consistently adhered to for many years.

8moonOn the 9thThe company organized employees to travel to Nha Trang, VietnamYou can bring your family or friends with you. Before departure, some employees were worried that Typhoon Lekima would cause delays or grounding of flights in Vietnam, but fortunately, due to the plane not being delayed, we flew out of China before the typhoon made landfall and arrived at the Vietnam hotel in excitement and curiosity.

During the tour guide's introduction of the local situation in Vietnam and the journey, we found that the labor of Vietnamese people is very cheap, with a monthly salary of only RMB 1000. This is also why Nike and Adidas set up factories in Vietnam. They only need to invest in automation equipment in the factories, use cheap Vietnamese labor, and use low-cost and low-priced products to expand in various countries once again.

Since January 1, 2010, the China ASEAN Free Trade Area has been fully launched, and China and the ten ASEAN countries have entered the era of zero tariffs. China's average tariff on ASEAN has dropped to 0.1%, and ASEAN members' average tariff on China has dropped to 0.6%. The ten ASEAN countries include Malaysia, Singapore, Thailand, India, the Philippines, Vietnam, Myanmar, Cambodia, Laos, and Brunei.　

China-ASEAN Free Trade ZoneThe three major onesfree trade zoneThose with a large populationfree trade zoneIt is also a major issue among developing countriesfree trade zoneThe establishment of the free trade zone has made tourism more convenient and also beneficial for the export of some advantageous products from China.

2019In the first five months, China's foreign direct investment in Vietnam increased by 5.6 times, reaching 1.56 billion US dollars, and the investment amount in the first four months alone exceeded the total amount of the whole year last year. This means that since Vietnam began releasing investment data by country in 2007, China has become a major investor in the country. With more and more foreign companies moving to Vietnam to build factories, Vietnam has been given the hope of becoming the next "world factory" for a while. Obviously, Vietnam's economic growth rate has surpassed that of China. Not only that, China's investment in Vietnam is also growing rapidly.

Vietnam today is like Guangdong in the 1990s, enjoying preferential policies when exporting to the United States and Europe. In the eyes of us industrialists, Vietnam has the advantage of being a latecomer, with industrial resources such as natural rubber and a long coastline for tourism. If Chinese manufacturing is not careful, it is really possible for them to catch up. They are currently competing at a low cost and will use other means to compete in the Chinese market in the future. We should have a deeper reflection on this.

What is the competitiveness of Chinese manufacturing? If you haven't figured it out yet, Vietnam won't be able to do it in the future, just like Chinese football.

During the 5-day trip to Nha Trang, not only did everyone experience the breathtaking natural scenery and enjoy the joy and relaxation of tourism, but they also reflected on Vietnamese manufacturing. They not only needed to learn advanced Western technology, but also to plan for domestic production.