Shanghai JQR Garment Co., Ltd., a Chinese textile enterprise, is set to open its first overseas factory in Catalonia, Spain. The company plans to invest 3 million euros in this project and create about 30 job opportunities. The Government of Catalonia will support this project through ACCIÓ-Catalonia Trade & Investment, the commercial competitiveness agency of the Department of Business and Labour.
Shanghai JQR Garment Co., Ltd. is currently renovating a factory located in Ripollet, Barcelona, and is expected to begin production of knitwear in the first half of 2024.
Roger Torrent, the Minister of Business and Labour of Catalonia, stated, “The decision of Chinese companies like Shanghai JQR Garment Co., Ltd. to start their international expansion strategy in Catalonia is no coincidence: Catalonia is one of the most industrialized regions in Europe and a major gateway to the European continent.” He emphasized that “in the past five years, Chinese companies have invested over 1 billion euros in Catalonia, creating more than 2,000 jobs.”
Established in 2005, Shanghai JQR Garment Co., Ltd. specializes in the design, manufacture, and global distribution of clothing products. The company has 2,000 employees and branches in Shanghai, Henan, and Anhui. Shanghai JQR serves several large international fashion groups (such as Uniqlo, H&M, and COS), with clients mainly in the EU, the USA, and Canada.
Last October, under the organization of the Catalonia Trade & Investment department in Hong Kong, a delegation of Catalan institutions led by Minister Roger Torrent held talks with Shanghai JQR Garment Co., Ltd. The purpose of the visit was to strengthen trade relations with Catalonia and encourage new foreign investment projects. The institutional visit included working meetings with multinational companies from various sectors in China, such as technology, automotive, semiconductor, and chemical industries.
According to the Catalonia Trade & Investment data published by the Financial Times, in the last five years, Chinese investment in Catalonia has reached 1.164 billion euros, creating 2,100 new jobs. Currently, there are 114 subsidiaries of Chinese companies in Catalonia. In recent years, ACCIÓ-Catalonia Trade & Investment has promoted several initiatives to encourage Chinese companies to establish subsidiaries in Catalonia, such as setting up a European Logistics Centre for China and a China Desk in Barcelona.
| Source: Government of Catalonia official website, Shanghai JQR Garment Co., Ltd. official website
| Image Credit: Government of Catalonia official website
丨 Reporter：Liu Jun
| Editor: LeZhi