Things You Don’t Know About China Shoe Industry
The Unfavorable Factors Now Facing Shoe Industry in China
More Cost for Labors
The Uprising in RMB
Raw Material Price Keeping Rising
Foreign Anti-dumping Charges
America Sub-chief Mortgage
The “Red Sea” Competition Within Shoe Manufacturers Themselves
Shoe Export Slows Down
Guangdong, a province in south China, exported 490 million pairs of shoes in January and February 2008, valued at USD 1.59 billion, decreasing 27.5% and 0.6% from one year before, citing customs statistics.
From September 2007, Guangdong’s export of shoes began to fall, 18.5% year on year in November of the year and 20.3% and 35.7% in January and February 2008. Besides, in the first two months, the number of shoes exporters in the delta decreased 1,855 year on year to 1,512, due to a rising renminbi, the US’ subprime mortgage crisis and a rise in China’s labor cost.
China has 40,000 shoe manufacturing plants with annual output of 6.5 billion pairs, accounting for 20 percent of the world’s total. However, 85 percent of them are middle and low-end products. Experts suggest that China’s shoe industry development should base itself on fact culture and progressive management concepts, transforming the industrial strategy from simple manufacturing to brand promotion.Half of the country’s shoe output originates in south China’s Guangdong province, but most shoe factories there are small in extent and use simple manufacturing processes without much additional value.
Four Manufacturer Bases of Footwear Industry in China
Many factories Close-downs is the must paid price for the industry transformation
Jingjiang City in Fujian Provice
Who will laugh at last? The “red sea” competition condition for the sports shoe in Olympic 2008 is getting more and more fierce.
Brand cultivating and promotion is the chief
Making technological innovations and taking the rule with technologies
In recent years, the footwear industry in Jinjiang has been paying attention to making more investment in technology improvement and encouraging innovations in terms of new technologies, new materials and new craftworks. Nevertheless, the footwear industry in Jinjiang just takes the rule in terms of manufacturing equipments but the level of technological innovation remains low, the research and development is nevertheless rather ineffective, there nevertheless without high-end talents and applicable software and hardware, there is no sufficient production capacity of top-grade products, and it nevertheless lags far behind the international progressive level as far as studies on new products in terms of comforts and roles are concerned.
2008 Dongguan China Shoes – China Shoetec
This UFI approved event is widely supported by footwear industry. China Chamber of Commerce for I/E of Light Industrial Products and Art-Crafts(CCCLA), Hong Kong Footwear Association, Taiwan Footwear Manufacturers Association, Dongguan Leather & Footwear Association have confirmed to organize exhibiting pavilions in Spring 2008, and will bring in brand new exhibitors, allowing footwear manufacturers and traders enjoy the rewards that China Shoes âEUR¢ China Shoetec will bring. At the same time, overseas buyers express great interests to visit the exhibition and show gratitude to the organizers for providing suppliers with good quality supplies. It is expected that the show will attract around 25,000 domestic and overseas buyers.
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The influence of Beijing 2008 Olympic Games to science and technology content of sports shoes product. Nowadays the current of product with the same quality is more and more serious, who can keep ahead of technology and make out larruping and appropriate product for customers, who will be favorite. Besides, sport shoes manufactures need enhance specialized capability, at the same time enclose with athletic sports requirement, via reduce cost to supply bargain gym shoes product for person.
Compared with thriving markets such as Vietnam and India, experts said China nevertheless has advantages in terms of cheap strength and water supply, excellent infrastructure and an integrated industry.