Putian Footwear Exports Earn 1 Billion US Dollars Per Year, Adding 100 Production Lines Annually.

Recently, tenth companies invested by Taiwanese businessman Guo Xiusong in Putian entered the first production line of shoe industry, and put into operation in Licheng Economic Development Zone, west end town.

In recent years, the footwear industry in Putian has developed rapidly, adding more than 100 production lines each year.

By 2010, the total output value of shoes in Putian is expected to reach 20 billion yuan.

Since the beginning of this year, all export shoe manufacturers in Putian have adopted more stringent quality standards as the core of competition in the international market. They have constantly disintegrated various unfavorable factors such as RMB appreciation, international technical barriers, and prices of raw and auxiliary materials. At present, foreign exchange earnings from footwear exports have reached 1 billion US dollars, up by more than 12% over the same period last year.

At present, the shoemaking industry has become the largest industry in Putian's industrial economy, and there are more than 3000 shoe factories, which produce all kinds of sports shoes, leather shoes, casual shoes and rubber shoes. Among them, there are more than 180 shoe enterprises on the upper scale. In 2006, the total output value of footwear industry in the city was nearly 14 billion yuan, and 80% exported, with the development of more than 100 new production lines per year.

Putian has become another large shoe making base in Fujian and even in China.

It is understood that Guo Xiusong built tenth companies in Putian - 51 acres of land into the footwear industry, began construction in the autumn of 2005, the total investment of about 50 million yuan, the enterprise after all, the annual output value of up to 150 million yuan.