China: Putian set to bring largest Shoes & Clothing Center
Write:
Charmaine [2011-05-20]
Recently, over hundred enterprises from Wenzhou and Shaoxing city formally signed an investment accord to pitch-in for Putian Shoes and Clothing Center. Leaders from the local Government attended the signing ceremony.
While analyzing the reasons for such investment in this particular center, Experts opined that the local shoes-making industry has a huge demand in the market. Local preferential policies and strategic geographical position of the centre had the potential to lure flocks of traders.
Further, due to proper market planning many leather manufacturers and dealers from many areas like Guangzhou, and Henan Province have been doing business with the local footwear manufacturing enterprises for quite some time.
The Putian Shoes and Clothing Center, located in Fujian Province, covers over 320 mu, is built with an investment of around 300 million yuan. With over 1600 shops the Centre is set to become the largest shoes and clothing wholesale market in the region. Sources report that the first project is already on the verge of completion.