日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

 
Home> Previous Issues

Wenzhou's shoe, clothing firms start to step out

Updated: 2012-09-04 09:22
By Gao Changxin and Yu Ran (China Daily)
Comments() Print Mail Large Medium  Small 分享按鈕 0

Entrepreneurs in the private business hub are leading a push into overseas markets, Gao Changxin and Yu Ran report from Wenzhou, Zhejiang

As China's large State-owned enterprises pour money into overseas expansion and acquisitions, the country's private businesses have also started setting their sight on the international market.

And entrepreneurs in Wenzhou, a city with a tradition of entrepreneurship, are among the leaders in the international expansion of the country's private sector.

Wenzhou's shoe, clothing firms start to step out

Wang Weihong, owner of footwear company, works in his factory in Wenzhou, Zhejiang province, Sept 13, 2012. [Photo/Xinhua]

One example is Wenzhou Kangnai Group Co Ltd, one of the leaders in Wenzhou's pillar footwear industry. The company spent 20 years transforming itself from a household workshop into a modern manufacturer that employs more than 5,000 workers. And now it's quickening its pace to expand overseas, vowing to open 1,000 stores abroad over the next five years. Its first overseas store opened in 2006 in Paris.

Kangnai's overseas expansion is not just a case of following others' lead, deputy general manager Zhou Jinmiao said. Going into retail helps achieve higher margins. Previously, Kangnai's overseas sales were mainly wholesale, and the company did not have its own brand.

Wenzhou's shoe, clothing firms start to step out

Zhou said setting up stores overseas helps Kangnai build its own brand and learn market dynamics directly. And the move is a "must" for Kangnai to become an international brand, he said.

Kangnai has entered into a partnership with UK-based SATRA Technology Center, which provides the footwear industry with services in technical knowledge, research and testing.

The move has already had some effect. The average export price of Kangnai shoes now stands at $25 a pair, more than double the industry average in China.

Wenzhou boasts up to 140,000 private companies, accounting for 95 percent of its exports and 94.4 percent of its employment, according to local government data.

The amount of circulating private funds is expected to reach 800 billion yuan ($126 billion) and is growing at an annual average rate of 14 percent.

The number of Zhejiang's overseas firms topped all provinces, municipalities and autonomous regions on the mainland in 2011, accounting for 17.8 percent of the total, according to the Statistical Bulletin of China's Outward Foreign Direct Investment compiled by the Ministry of Commerce.

In fact, the central government is actively encouraging Wenzhou's private sector to invest overseas. The State Council has said it will study allowing residents in Wenzhou to make direct investments overseas as part of a financial reform program.

Chinese mainland residents currently cannot make direct overseas investments. But they can give their money to fund managers, who in turn can invest overseas through the qualified domestic institutional investor arrangement within set limits.

Previous Page 1 2 3 Next Page

Survey & Comments

| About us | Contact |

Constructed by Chinadaily.com.cn

Copyright @ 2012 Ministry of Culture, P.R.China. All rights reserved

主站蜘蛛池模板: 青青激情视频 | 欧美精品网站 | 中文字幕在线日亚洲9 | 国产成人亚洲精品自产在线 | 中国精品毛片 | 久久婷婷六月 | 国产成人一区二区 | 久久免费手机视频 | 国产亚洲欧美视频 | 亚洲精品免费在线观看 | 午夜激情福利 | 日韩另类在线 | 亚洲高清免费 | 99视频在线看 | 国产精品自产拍在线观看 | 中文字幕天堂av | 999国产精品视频 | 99久久精品国产一区二区成人 | 国产精品天堂 | 国产精品久久久久久在线观看 | 欧美成人一区二区三区片免费 | 91精品网| 亚洲视频在线观看视频 | 久久草视频在线 | 国外成人性视频免费 | 在线免费观看黄网站 | 欧美日韩一区二区在线观看 | 麻豆视频一区 | 欧美黄色aaa | 日韩欧美偷拍 | 成人免费视频观看 | 超碰人人人人人人 | 一级色视频 | 成年人免费在线观看视频网站 | 成人精品福利视频 | 国产福利在线免费观看 | www黄在线观看| 欧美又粗又大又长 | 欧美精品91| 韩国av中文字幕 | 亚洲一区二区三区在线观看视频 |