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Chinese shoes flood the world markets

August 28 2007
04:41

In recent years, footwear production in China is developing rapidly, annually produced more than 10 billion pairs of shoes. This was stated by Chairman of Chamber of Commerce, China's import and export of products of light industry and crafts Van Hantszyan.

According to experts, China has become the world's largest producer and exporter of footwear. But klassnost products remains relatively low, the unit price remains at a low level.

According to Van Hantszyana, along with the rapid development of production of footwear in China, there are a number of challenges, including small scale manufacturing enterprises, exports increased mainly due to increase in number. In 2006, China exported 7.8 billion pairs of shoes at $ 21.8 billion, the average price for each pair - $ 2.8 dollars, according to the magazine «ChinaPRO».

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