Wenzhou Footwear Export Manufacturers Attack High-End EU Market

Since the European Union cancelled its action against China.

Wenzhou customs latest data show that from April to June this year, the city

Exports declined by 4.83% compared with the first quarter, but sales increased by 21.87%.

Jiang Xinghua, director of the international business division of AOKANG footwear industry, said that the continuous decline in exports in the second quarter showed that in recent five years, many shoe companies' low price competition strategy has restricted the export of footwear products.

But if the EU does not boycott the low price orders after the lifting of tariffs, then our export growth in 2011 will probably double that of last year.