China

The front page of the media, but it turns out that some companies are better at recruiting than others.

Smaller factories are suffering from labor market tightening, but large enterprises that can provide better benefits can find ways to recruit the workers they need.

manufacturing industry

The location of the factory.

Here, enterprises give many promises to recruit workers, including annual bonus, annual leave, and even give rewards to employees on their birthdays.

"Now the workers are God," complained a factory owner.

clothing

The labour productivity of the manufacturing industry increased by 13% annually, offset most of the increase in wages.

In addition, for the electronics assembly and other industries, a highly efficient and tightly structured supply chain, from factories in Japan or Taiwan, China, has shipped products to the Pearl River Delta for labour intensive processing, which determines the difficulty of pferring production facilities.

In addition to the issue of RMB exchange rate, China's infrastructure level is comparable to that of Korea.

This means that China combines "the wages of the third world and the infrastructure of the first world".