The Footwear Factory

Guangdong province is the largest footwear export foundation. Until the first 6 months of this year, Canton shoes export volume has decreased, but its export value has grown. Meanwhile, the price of shoes has increased approximately 30%, and the remaining companies under commercial export. According expert analysis, this phenomenon of greater value, but fewer showed that Chinese footwear industry is adapting its strategy.
Until now, China is the largest base of shoe manufacturing in the world, and Guangdong province play an important role in this. In 2007, Canton shoes export volume amounted to 3.47 billion pairs of 9.2 billion dollars, which is 42.5% of total national exports. However, during This year, the influence of the appreciation of RMB and increase the value of raw materials, Guangdong province has reduced its export volume.
According to latest customs statistics of Canton, to the first 6 months in 2008, Canton shoes export volume fell by 15.8% to 1.63 million pairs, and its value by 9.2% to 4.96 billion dollars and its export price increased 29.6% to average $ 3.
Conducted by the detrimental factor for many this year, trading enterprises, export canton decreased significantly from 5811 to 3924. President of the Canton of manufacture Qiu Xiaoguang Shoe Association, the phenomenon shows a huge shift in strategy for the footwear industry. Some small businesses were comprised of large companies, and transfer some of their factories to the west. All manufacturers tried their best to industrialization optimized to drive industry development footwear.
Guangdong province is the largest footwear export foundation. Until the first 6 months of this year, the volume Canton shoes export has decreased, but its export value has grown. Meanwhile, the price of shoes has increased approximately 30%, and the remaining companies with fewer than commercial export. According to expert analysis, this phenomenon of greater value, but fewer showed that China's shoe industry is changing their strategy.
Until now, China is the largest footwear manufacturing bases in the world, and Guangdong province play an important role in it. In 2007, Canton shoes export volume amounted to 3.47 billion pairs of 9.2 billion dollars, which is 42.5% of total exports nationals. However, during this year, by the influence of yuan appreciation and higher value of raw materials, Guangdong province has reduced its volume of export.
According to latest customs statistics of Canton, to the first 6 months in 2008, the export volume Canton shoes decrease by 15.8% to 1.63 billion pairs, and its value by 9.2% to 4.96 billion dollars and increased its average export prices by 29.6% to $ 3.
Made by harmful element for many this year, trading enterprises, export canton decreased significantly from 5811 to 3924. President of Guangzhou shoemaking Xiaoguang Qiu Association, this phenomenon shows a huge shift in strategy for the footwear industry. Some small companies were composed of large companies, and transfer some of their factories to the west. All manufacturers did their best to industrialization optimized to support the development of the footwear industry.
For more information, please visit www.cantonfootwear.org
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Article Source: ArticlesBase.com – China Footwear Adjust Strategy——–higher Value Less Quantity
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