China'S Export Footwear Products Are Very Popular In Algeria.
International oil prices continue to rise, holding the two treasures of oil and natural gas, Algeria people's "wallet" began to expand.
Reporters learned from the Wuhan Council of trade promotion, as of 2006, the country has foreign exchange reserves exceeded 60 billion U.S. dollars.
Wuhan City Council for trade promotion revealed that from 2005-2009 years, the Arab government plans to use the budget of US $100 billion to build 1 million housing units, 1200 kilometers of East West highways, 80 dams and water treatment plants, 60 backbone high-speed railways, and build a series of subway, airports, ports, University Towns and so on.
Business opportunities are coming, and opportunities are always reserved for those who are prepared.
80%, Algeria has 32 million of its population. It has a large consumer market for textiles, clothing, shoes and hats. Over 80% of the domestic textile products and ethnic garments are imported.
Textile and clothing are also the main products of China's export to Arab countries and occupy an important position in the Arab import market.
According to our customs statistics, in 2003, the export volume of our clothing and accessories to Algeria reached 103 million 470 thousand US dollars, an increase of 133.1% over the same period last year. It has become the second largest export product to China besides mechanical and electrical products. Besides, China's exports of tourist shoes, sports shoes, leather shoes, slippers, vulcanized shoes, plastic shoes and cloth shoes are also popular in the country.
In fact, in recent years, advanced technologies, cars, daily necessities, electromechanical products and electronic information products that can enhance the quality of life for local residents have become a hot commodity in the market of Algeria.
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