On May 15th, the delegation of China Textile Association led by Sun Ruizhe, President of China National Textile and Apparel Federation, and all the way from Italy and Romania to Kiev, the capital of Ukraine, fully felt the enthusiasm of Ukraine for the urgent development of textile industry.
Ukraine occupies more than 30% of European arable land and has a reputation as a world granary, but in fact, Ukraine's light industry, including the textile industry, is very weak.
The main investment advantages of Ukraine are: First, the geographical position is superior. Ukraine is a bridge between Europe and Asia in trade, transportation and logistics, and is a powerful production area for global integration. The capital of Kiev has a strong geographical advantage and it takes less than three hours to fly from all European capitals, making it an ideal logistics and transportation hub. Second, the labor advantage. Competitive labor costs, the average wage at the end of 2018 is only 380 euros / month, at a lower level in neighboring countries, but the quality of personnel is higher.