Home / Knowledge / News / Fujian footwear industry gets subsidy
Fujian footwear industry gets subsidy
Jan '08
The Government officials of Fujian Province declared that they will soon introduce a series of policies to support foreign trade in the region. The authorities will provide funds for both importers and exporters of footwear enterprises, to help setting up factories outside China.

This will help traders for promoting their independent brands, e-commerce and exhibit their products overseas.

The provincial Government has decided to provide greater support to those who will set up trade outlets and factories in overseas markets. Although, the authorities are still thinking over the final amount of subsidy.

According to reports the qualified enterprise can get as much as 100,000 yuan of financial support for each outlet or factory they apply for.

Till the end of 2007, Fujian Province had approved 577 offshore enterprises (including overseas offices). Most of the projects are located in more than 60 countries in Asia, Europe, Africa, North America, South America, Oceania and regions. Some of the newly approved ventures are distributed in five countries of Sudan, Cote d'Ivoire, Ethiopia, Ghana and Chile.

If one goes by available reports, it can be observed that private enterprises have played an active role in setting up offshore units.

Fibre2fashion News Desk-China

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search