Plans for new Chinese footwear production zone unveiled
Links between the footwear industries of eastern and western
Under the agreement, Aokang will invest Y800 million (US$96.7 million) in the development of a new footwear production zone in Bishan. When it opens in 2005, the zone will cover 133 acres, providing 100 shoe-making enterprises and around 30,000 jobs.
The China Light Industry Association, the China Leather Industry Association and the China Leather Industry Information Centre have all publicly their expressed approval for the historic step.