Consigned processing relieves Yiwu labor shortage

Processing materials supplied by manufacture to consigned processing can reducing the tension of labor shortage said Yiwu Processing association. “Our processing plant hired 40-50 workers before but now it is not easy to have 10 workers,” said by Huang Jianbin,a dealer engaged in ornament businessin the International Trade Mart. In the first half of the year, Yiwu market spent 2 . 932 billion yuan paying the processing charges. For self-employed en trepreneurs and small andmedium-sized enterprises, labor shortagehas become terrible thing in recent years.The way of consigned processing can solve the problem of labor shortage for small and medium-sized enterprises and self-employed entrepreneurs.In the ornament industry, 60-70% of the hand work is done this way. According to the figures from the association, in the first six months of this year,2 . 932 billion yuan was paid to about 3 million processing workers in 25 provinces (regions and municipalities)including Henan, Anhui and Shandong as well as in places of Zhejiang province, up 37 .26% compare with last year.