Next decade will see exports from the Middle East and Africa grow by 12 percent, Xinhua reported, quoting an Ernst and Young report published on Tuesday.

E&Y predicted the region is on the way to succeed China as a key manufacturing hub for low cost goods.

The global consultancy firm said that while China is still very competitive, rising wages are opening up opportunities for Africa and the Middle East.

(China.org.cn June 14, 2012)

據新華社報道，安永周二發布報告指出，未來十年間，中東和非洲地區的出口量將上升12%。

安永預計該區域將取代中國，成為低價商品的集中制造基地。

安永表示，盡管中國仍有強大的競爭力，但工資上漲造成機會流向非洲和中東地區。