Global Apparel Market – An Overview | Watch NOW! | Ad
Home / Knowledge / News / Fashion / China Shoetec - great opportunity than a challenge!!!
China Shoetec - great opportunity than a challenge!!!
09
Apr '09
Facing the current international economic downturn, China market is becoming a “blue ocean” for shoes companies with its high domestic demand, stable fiscal policies, high foreign exchange reserves and active stimulation measurements by Chinese government.

From December 2008, export rebate rate for 3,770 kinds of export commodities in China has been increased from 11% to 13%. In the meantime, national fiscal policies will provide more assistance to small and medium companies and the labor-intensive industry. Therefore, this is a great opportunity than a challenge for Chinese shoe companies! With the urgent needs of the industry upgrade and business transformation, the 9th Dongguan China Shoes • China Shoetec (Spring), which will be held from May 5 – 7, 2009 in Houjie, Dongguan, Guangdong Province, will reposition itself to the middle and high end shoes markets of China and emerging markets including Russia, Middle-East, SE Asia, besides the traditional markets of Europe and America.

Export Market: Opportunities from Crisis
In spite of the unprecedented challenges in the footwear industry, and the impact of economic downturn on European and American markets, it is undeniable that there is still demand on footwear for the domestic and international markets. China footwear industry still has its strong production capacity and competitiveness. 70% leather shoes produced in China are exported to major international markets including Europe and America, where average per capita consumption reached 7 – 10 pairs of shoes.

Despite the impact on European and American markets imposed by the global financial turmoil, the organizers of Dongguan China Shoes will continue to develop & explore international markets as well as introduce second & third lines of foreign brands to China market so as to assist Chinese footwear companies to capture the business opportunities. Through the extensive global promotion, the 9th Dongguan China Shoes • China Shoetec has obtained support from various associations, including European Confederation of the Shoe Retailers Associations, Federcalzature, etc. In 2008 autumn edition, overseas buyer has reached 21%, buyer groups from Russia, Netherlands, Vietnam, Brazil, Thailand, etc, were attracted to visit the show.

China Domestic Market: Potential for Development
Along with the development of foreign markets, shoes companies should explore domestic market by building up its own brand in the meanwhile. There is huge potential for China domestic demand with the help of new tax initiatives and measures launched by Chinese government, especially under the guide of the new rural reform measures, and the gradual improvement of social labor insurance and welfare, which will further enhance citizen's consuming ability.

Besides, a series of favorable policies will endow the shoes companies with a positive role in China market promotion, e.g. Special fund of RMB1 billion has been set by the Dongguan Government to assist the transformation and upgrading of processing trade companies; relaxation of policy on Hong Kong SME promotion fund, together with exhibition participation subsidy by the local governments.


Must ReadView All

China reportedly cancels trade talks with US, Liu He visit

Apparel/Garments | On 22nd Sep 2018

China reportedly cancels trade talks with US, Liu He visit

Washington is reportedly positive about arriving at a solution to its ...

AmCham Cambodia cautions US against possible sanctions

Apparel/Garments | On 22nd Sep 2018

AmCham Cambodia cautions US against possible sanctions

In a letter to US lawmakers, the American Chamber of Commerce...

Courtesy: ycloset

Apparel/Garments | On 22nd Sep 2018

Alibaba invests in clothes sharing platform Ycloset

Chinese garment sharing platform YCloset has completed an undisclosed ...

Interviews View All

Sanjay Desai & Ashish Mulani, True Colors

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Pratik Bachkaniwala, Palod Himson Machines

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Ajay Ghariwala, Luthra Group

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Tejas N Patel, Navin D Patel,

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Nitesh Mittal,

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Sugandha Bhardwaj,

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Robert Erichsen, Statex Produktions & Vertriebs GmbH

Robert Erichsen
Statex Produktions & Vertriebs GmbH

Statex Produktions &amp; Vertriebs Gmbh, founded in 1978 and headquartered ...

Marten Alkhagen, Swerea IVF AB

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ashok Desai, Bombay Textile Research Association

Ashok Desai
Bombay Textile Research Association

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

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2018

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

news category


Related Categories:

Advanced Search