“Steady growth” for Chinese leather industry
31/08/2016
Mr Su said China is going into a “transition period”, as the country’s economy shifts from export-led, investment-fuelled growth to innovation and consumption-driven growth. This has meant “new challenges” for China’s leather industry.
He added that China has recognised “the key role of mass entrepreneurship and innovation for its future growth”.
Addressing the leather industry directly, he had a positive message. He said many companies had already invested heavily in innovation, with many more preparing to do so. This investment includes upgrading technology and machinery, exploring how to reduce industrial pollution and producing higher value-added products.