Zhejiang Shoe Industry Rationally Treats WTO'S New Ruling

The European Union, which has suffered more than 4 years.

Although the EU imposed anti-dumping duties on Chinese footwear products as early as March 31st this year, it has expired.

But the ruling of WTO has been welcomed by Zhejiang shoe companies.

"Although it may not have much real significance for the increase in exports, it is still very happy." this afternoon, vice president Zhou Jin Miao of Kangnai shoes group, a leading shoe maker in Wenzhou, told reporters on the phone.

"The significance of this ruling is at the institutional level."

For the ruling of WTO, Zhang Yongru, director of the Fair Trade Bureau of the Provincial Department of Commerce, said.

He told reporters that in the Chinese shoe enterprises

Does the WTO ruling mean that domestic shoe enterprises / exports to Europe can be prevented from anti-dumping?

"Impossible."

Zhang Yong said simply.

He believes that the EU will not stop using Chinese businesses because of a WTO ruling.

"Even if we don't use anti-dumping measures, we can still use other means."

Zhou Jinmiao did not overestimate the practical significance of the WTO ruling.

He said that Kangnai opened a number of private brand stores in France and was recently investigated by the French side concerned about patent infringement, and is still coping with it.

"As long as you develop quickly, you will be subject to various forms of obstruction, and the form is not necessarily anti-dumping."

He said.

In fact, reporters learned that after more than 4 years of anti-dumping in the EU, at present, the export growth rate of our footwear enterprises to the EU has been significantly suppressed.

Hangzhou customs statistics show that in the first eight months of this year, in the top three export markets of footwear products in our province, exports to the EU grew by only 8.8%, the lowest.

"The biggest problem in the industry is not the volume of exports."

Xie Rongfang, Secretary General of Wenzhou shoe leather industry association, told reporters that in recent years, Wenzhou shoes export still maintained a sustained growth trend through expanding the emerging markets such as Russia and ASEAN. In 2010, the total export volume of footwear in Wenzhou was 3 billion 740 million US dollars, which has exceeded 3 billion US dollars in the first 8 months of this year. However, the increase in export value has not changed significantly, and this year has been constrained by various rising costs and the situation is more severe.

Emerging markets are also becoming less secure.

According to the statistics of the Fair Trade Bureau of the Provincial Department of Commerce, at present, the emerging market has already accounted for half of the trade disputes encountered in our province.

"This is an important signal. Zhejiang enterprises, including shoe companies, must speed up the pformation of export mode and realize the pition from a low cost advantage to a high value-added one."

Zhang Yong said.