Risks of rising domestic labour costs

2018-06-15 11:39:39 admin 1

Outdoor leisure furniture and articles, due to the individuation of their production and the technological characteristics of their products, such as some of the products are custom-made rattan products, so the production of products depends to a considerable extent on the manual manufacture of workers, so, Most enterprises in the industry are labor-intensive enterprises. In recent years, the supply and demand of domestic labor market has become tighter, and the wages of workers tend to rise, which has caused greater cost pressure on outdoor furniture and articles production enterprises. Further increases in labour costs will further reduce gross profit margins in the outdoor leisure furniture and supplies industry.

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