China'S Ambassador To Portugal: Portuguese Footwear Has Great Potential For Growth In China

Huang Songfu, China's ambassador to Portugal, believes that China's growing purchasing power is a key factor in boosting Portugal's footwear exports.

"China's reform and opening up policy has been implemented for 35 years, and the purchasing power of Chinese consumers has increased significantly.

In the footwear industry, shoes ranging from $200 to $300 can be seen everywhere.

Huang Songfu said Portugal made shoes definitely have a reason to succeed in China.

Because Portuguese shoes are of excellent quality and obvious price advantages.

He added, "I am optimistic.

As a Chinese ambassador to Portugal, I am willing to promote bilateral economic and trade cooperation between China and Portugal. "

Emphasized the importance of identifying partners in China.

The Chinese market is open to all foreign products.

In China, there are about 300 cities with a population of over one million, and the market is full of vitality.

According to the world shoe industry yearbook, 2013 China

56 million pairs.

The total value is about US $1 billion 710 million, which has great potential for growth.

Richer and richer Chinese are becoming more and more interested in luxury goods, and are also more interested in Portuguese hand-made leather shoes.

As the world's second largest luxury leather shoes after Italy's leather shoes, the number of Portuguese local shoe leather exports to China has soared from 10 thousand pairs in 2011 to 170 thousand pairs in 2013, with sales reaching 5 million 400 thousand euros.

Another important data is highlighted in the Yearbook: China currently pays the highest price to Portuguese footwear exporters, averaging a pair of US $30.8, which illustrates the important demand of Chinese consumers for high-end brands and quality products.

Related links:

The footwear distributors and Retailers Association (FDRA) announced on Monday that it will launch a tailored customs Resource Centre for the footwear industry.

The center will help shoe manufacturers and customs officers to get a better understanding of the details of the footwear industry's customs classification.

FDRA chairman Matt prest said: "with the continuous innovation of shoe industry, the classification of footwear industry is becoming more and more complex.

FDRA continues to promote trade tax relief for footwear industry, but before that, FDRA will continue to focus on helping brands understand and adapt to existing regulations.

He added that the resource center is of great help to the industry. Customs officers do not need to search large amounts of information to directly call the center, but also save business costs and time.

The customs resource center covers the latest classification requirements issued by the US Customs and Border Protection Bureau, the classification and codes of country footwear, the definition of key categories, labels and trademarks, as well as relevant information, including leather used for shoe repair.

An American shoe company official said, understanding the import and export declaration of footwear industry is very important for every company. Incorrect classification may make you lose millions of dollars at a time. We are very happy about the establishment of resource center. In the future, only one place can find all relevant issues concerning import and export declaration of footwear industry.