CLIA puts numbers on Guangdong shoe factories decline
26/11/2010
The association cited the Yue Yuen Group as an example of the continuing transition the Guangdong province is facing, stating that the manufacturer has transferred its production to Hubei province with an investment of approximately $150 million.
The Fortune Group has also invested around $90 million in footwear production in Henan, according to the CLIA.
Footwear remains the largest export segment for the region, although the Guangdong Leather Association claims that leather shoe production in Guangdong fell 25.1% in 2009.