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| China's Footwear Production Occupies Half of World’s Total |
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China has now become the world’s largest footwear manufacturing country, with an annual output of 10 billion pairs, accounting for approximately 50% of the world’s total. |
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Ample raw material supply, competitive labour cost and a complete production chain, coupled with China’s ever expanding internal market demand, are crucial factors for the China footwear manufacturing industry to maintain a rapid and stable development. |
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Statistics showed that the export for footwear products of the first six months of 2007 was 4.4 billion pairs, with value up to US$12 billion. Most products were exported to countries such as the United States, the European Union and Japan. |
| Profile of Guangdong Province Economy |
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With the flourishing development of China market, the Guangdong economy growth reached 14.1% in January – October 2006. |
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The total import and export value of Guangdong province in January – March 2007 was US$131.15 billion, being the top province with an increase of 23.9% comparing with the corresponding period of 2006 and 28.7% of the total revenue of the country. |
| News of Dongguan Market |
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In January – November 2006, the total import and export value of Dongguan was US$68.68 billion, with a growth of 13.9% comparing with the corresponding period of 2005. |
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Dongguan has the largest industrial base of the South China region, with over 180 industrial districts. |
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Dongguan City has 32 towns, with over 50,000 companies, of which, more than 15,000 are three-capital enterprises. |
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The Dongguan City is a renowned industrial manufacturing and processing city in China, commanding the most advantageous geographical location. With the superior position in the mid-southern part of the Guangdong Province and North-east of the Pearl River Delta, Dongguan is located midway on the Guangzhou-Shenzhen Economic Corridor, with Hong Kong and Macau as its neighbours. The Beijing-Kowloon Railway, Guangzhou-Shenzhen Railway, Guangzhou-Shenzhen-Zhuhai Expressway and S256 (National Highway 107) traverse throughout Dongguan. The Guangzhou Baiyun International Airport, Shenzhen International Airport and the Hong Kong International Airport provide convenient transportation systems. |
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