RSSNewsletterSiteMapFeedback

Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Shoe industry remains strong
Adjust font size:  ZoomIn ZoomOut

China's position as the world's top shoemaker will not be shaken by the closure last year of a fifth of the manufacturers in Guangdong province, experts have said.

Shoemaking companies have been forced out of business amid industrial upgrading, the Xinhua News Agency reported.

China supplies at least 60 percent of all kinds of footwear to the global market, official figures show.

Guangdong's shoemaking firms include mainly small- to medium-sized enterprises (SMEs) such as shoemaking factories, material processors, machinery manufacturers and traders, Li Peng, general secretary of the Asian Footwear Association, said.

The association said more than 1,000 of the 5,000-6,000 city's shoemaking firms closed in the first three-quarters of last year.

Their manufacturing capacity accounted for 10-15 percent of the total industry in Guangdong, and about 150,000 to 200,000 employees were laid off, Li said.

However, many industrial players, including Li, believe the recent trend is a positive sign for the over-competitive industry. The tightened market could enhance competition and help reinforce the nation's role as industry leader, they said.

Figures show the number of shoemaking factories on the mainland increased from 20,000 to more than 30,000 between 2002 and 2006, but orders were much slower, leading to an irrational "price war", experts said.

Industry newcomers, most of them SMEs, were further hit by an unfavorable marketing environment that included the appreciation of the yuan, price hikes of raw materials, rising labor and land costs, the reduction of the export refund rate and revised policy on custom duty deposit, analysts said.

"The industrial reshuffle has just begun. More SMEs without core competitiveness will be washed out and those with better technology and sound internal governance will survive," Xinhua said.

Compared with burgeoning markets such as Vietnam and India, experts said China still has advantages in terms of cheap power and water supply, excellent infrastructure and an integrated industry.

To lower costs and expand capacity, some large firms in Guangdong have built new plants in other provinces.

(Xinhua News Agency February 20, 2008)

Tools: Save | Print | E-mail | Most Read

Comment
Username   Password   Anonymous
 
China Archives
Related >>
- Chinese shoe-makers possibly unlaced of anti-dumping duties
- EU uncovers fraudulent imports of Chinese textiles, shoes
- Mainland Shoe Firms Queue up for Listing
- Shoemakers' Suit Against EU Anti-dumping Duties Accepted
Most Viewed >>
-CPI hits 11-year high
-Aluminum prices rise
-Iron ore costs may increase by 65%
-FDI doubles despite tax concerns
-China rail firm wins big contracts in Libya

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright ? China.org.cn. All Rights Reserved E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號

主站蜘蛛池模板: 女人18一级毛片水真多| 日本人强jizzjizz| 成年在线网站免费观看无广告| 亚洲性色高清完整版在线观看| 福利一区在线观看| 国产一区中文字幕在线观看| aa级黄色毛片| 无码人妻久久一区二区三区免费丨| 乱人伦精品视频在线观看| 欧美日韩中文视频| 伦理eeuss| 精品无码一区二区三区爱欲九九 | 国产福利一区二区三区在线视频| gogogo高清在线播放| 成人在线手机视频| 久久91精品久久91综合| 污污污污污污www网站免费| 动漫美女被羞羞动漫小舞| 色一情一乱一伦一视频免费看 | 男人日女人app| 公交车后车座的疯狂运| 精彩视频一区二区三区| 国产999精品久久久久久| 视频在线一区二区| 国产午夜福利在线观看红一片| 国产精品2019| 国产欧美日韩一区二区三区在线| 一个人免费播放在线视频看片| 成年人在线免费观看| 中文字幕在线精品| 欧美一级欧美三级在线观看| 全球全球gogo专业摄影| 美女AV一区二区三区| 四虎影视在线影院4hutv| 欧美性巨大欧美| 国产精品久久久久一区二区三区| 最新jizz欧美| 国产精品国产三级国产AV′| 777奇米四色| 国产精品电影在线| 2021国产精品自在拍在线播放|