The World Shoe King Is 100 Million Dollars In Huangshi.

One of every 4.5 pairs of designer shoes in the world comes from Baocheng.

Reporters learned yesterday from the Hubei Provincial Department of Commerce, Taiwan Baocheng International Group recently signed a formal contract with Huangshi Yangxin county.

It is understood that the total investment of the shoe manufacturing industry reaches 100 million US dollars, and the annual output of shoes is 15 million pairs after production. The output value is expected to reach 3 billion yuan.

Taiwan Baocheng international group was founded in September 1969. It is the world's largest footwear group for sports shoes and casual shoes. It is also the second largest enterprise in Taiwan to invest in the mainland of China. It produces more than 100000000 pairs of more than 50 world famous brand sports shoes annually, such as Nike and Adidas.

It is understood that the "shoe king" will invest $100 million to establish a shoe factory with 28 production lines in Yangxin. After the production, the shoes will be 15 million pairs per year and 20 thousand employees will be recruited.