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Quanzhou footwear industry sets new export record
13 Mar '08
1 min read
Quanzhou city of Fujian Province is mainly engaged in production of footwear, with US being one of the major export market. However, last year shoe manufacturers faced difficulties to keep up their overseas target.
Factors like anti-dumping investigation of EU and lack of support from laborers made footwear industry go through a rough phase last year.
However, entrepreneurs efforts to bring innovative ideas in production, help them to come out of this passive situation. This in turn changes the model of economic development, which is a positive sign.
Statistics show, footwear export from Quanzhou exceeded more than US $2.4 billion in 2007, setting a new record. The average price of each pair reached from $2.56 to $3, a boost of 16.5 percent year-on-year.
Factors like anti-dumping investigation of EU and lack of support from laborers made footwear industry go through a rough phase last year.
However, entrepreneurs efforts to bring innovative ideas in production, help them to come out of this passive situation. This in turn changes the model of economic development, which is a positive sign.
Statistics show, footwear export from Quanzhou exceeded more than US $2.4 billion in 2007, setting a new record. The average price of each pair reached from $2.56 to $3, a boost of 16.5 percent year-on-year.
Fibre2fashion News Desk - China
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