| Canton province is the biggest footwear export | | | | Canton province is the biggest footwear export |
| foundation. Until the first 6 months this year, Canton | | | | foundation. Until the first 6 months this year, Canton |
| shoes export volume has decrease, but its export | | | | shoes export volume has decrease, but its export |
| value has grown. Meanwhile, price of per shoes has | | | | value has grown. Meanwhile, price of per shoes has |
| increased approximately 30%, and rest less export | | | | increased approximately 30%, and rest less export |
| trading enterprises. According the experts analysis, | | | | trading enterprises. According the experts analysis, |
| this higher value but less quantity phenomenon | | | | this higher value but less quantity phenomenon |
| showed that Chinese footwear industry is adjusting | | | | showed that Chinese footwear industry is adjusting |
| its strategy. | | | | its strategy. |
| Until now, China is the largest footwear | | | | Until now, China is the largest footwear |
| manufacturing bases in the world, and canton | | | | manufacturing bases in the world, and canton |
| province play an important role in it. In 2007, Canton | | | | province play an important role in it. In 2007, Canton |
| shoes export volume reached 3.47 billion pairs for 9.2 | | | | shoes export volume reached 3.47 billion pairs for 9.2 |
| billion USD, it is 42.5% of national total export volume. | | | | billion USD, it is 42.5% of national total export volume. |
| But during this year, by the influence of appreciation | | | | But during this year, by the influence of appreciation |
| of RMB and higher value of raw material, Canton | | | | of RMB and higher value of raw material, Canton |
| province has dropped its export volume. | | | | province has dropped its export volume. |
| According the latest statistic from Canton customs, | | | | According the latest statistic from Canton customs, |
| until the first 6 months in 2008, Canton shoes export | | | | until the first 6 months in 2008, Canton shoes export |
| volume decrease 15.8% to 1.63 billion pairs; its value | | | | volume decrease 15.8% to 1.63 billion pairs; its value |
| up 9.2% to 4.96 billion USD; its average export price | | | | up 9.2% to 4.96 billion USD; its average export price |
| increase 29.6% to 3 USD. | | | | increase 29.6% to 3 USD. |
| Effected by many disadvantage element this year, | | | | Effected by many disadvantage element this year, |
| Canton export trading enterprises sharply decreased | | | | Canton export trading enterprises sharply decreased |
| from 5811 to 3924. Chairman of Canton Footwear | | | | from 5811 to 3924. Chairman of Canton Footwear |
| manufacture Association Qiu xiaoguang said, this | | | | manufacture Association Qiu xiaoguang said, this |
| phenomenon displayed a enormous change in | | | | phenomenon displayed a enormous change in |
| footwear industry strategy. Some small companies | | | | footwear industry strategy. Some small companies |
| were integrated by large enterprises, and some | | | | were integrated by large enterprises, and some |
| transfer their factories to western region. All | | | | transfer their factories to western region. All |
| manufacturers tried their best to optimized | | | | manufacturers tried their best to optimized |
| industrialization for boosting footwear industry | | | | industrialization for boosting footwear industry |
| development. | | | | development. |