China Australia FTA Has Implemented A Surge In Export Commodities Such As Shoes And Bags.

Wenzhou entry and exit inspection and Quarantine Bureau disclosed yesterday that the first month of the implementation of the Sino Australian FTA, the temperature enterprises exported to Australia surged.

As of January 20th, the bureau had issued 522 copies of the certificate of origin in the Sino Australian free trade area.

The amount of US $35 million 141 thousand is 1.3 times and 3.87 times the total certificate of origin and GSP certificate in Australia between 1 and November 2015 respectively.

Not a few

Seize the opportunity and increase exports to Australia.

Wenzhou products exported to Australia in the first month include shoes, glasses, belts, handbags, children's amusement equipment, small household electrical appliances, auto parts and hardware.

It was formally implemented in December 20, 2015 and began the first tax reduction. In January 1, 2016, the second tax reduction was implemented, which made Australian products with zero tariffs on Chinese products more than 90%.

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The export market for sports shoes still supports the footwear industry.

Although China is facing competition from Vietnam's shoe industry, the Indonesian Footwear Association (Aprisindo) is confident that the shoe export market will continue to grow this year.

The Indonesian Footwear Association predicts that the export of sports shoes will reach US $4 billion 700 million last year.

It is expected that the export of sports shoes will increase by 6.3% this year to 5 billion dollars. At present, 90% of the shoes exported are sports shoes.

A few days ago, Harry Jan do, chairman of the Indonesian Footwear Association Advisory Council, said that the increase in export volume of shoes production included the products of several new shoe factories that began operation last year. Harijanto

According to the Investment Co ordinating Agency (BKPM), investment in shoe production reached 4 trillion and 270 billion Shield last year, an increase of 136% over the same period last year.

Last year, 4 of the total investment in shoe factories was invested in foreign countries, or accounted for 95% of the total investment in the footwear industry. The rest were domestic investments. Harry did not want to elaborate on the name of the company invested in the shoe industry. He told reporters only: "we have not yet obtained the data."

Last year, foreign investment enterprises in China, including Pou Yuen Indonesia from China, invested 26 million US dollars to build factories in Cianjur.

Pou Yuen Indonesia produces Adidas (Adidas) brand sports shoes in China and sets an annual export target of US $100 million.

In addition to producing shoes, the company also manufactures accessories for shoes wholesale market, such as mid sole, out sole and shoe upper.

Several other sports shoe factories that have been in operation for several years, such as Adis Dimension Foot Wear, which produces Nike (Nike) sports shoes, Specs Panatride Caraka company, Berca Sportindo company of production League (League) and Adidas Co., Ltd., which owns Adidas production license.

Harry Yan do, President of Adis Dimension Footwear, declined to comment on the competition for sports shoes in the domestic market. He said only that almost all the shoes produced by the company were exported.

This year, Adis Dimension Footwear plans to build a factory in the West claw horse plus Majalengka (Majalengka), with investments ranging from $50 million to $60 million.

At present, the company is located in Wan Dan Balaraja and West claw horse Lian Jia factory annual production of 32 million pairs of shoes.