SHENZHEN, China, Nov. 30, 2022 /PRNewswire/ — A information report from Individuals’s Every day On-line:
The twenty fifth Shenzhen Worldwide Exhibition for Clothes Provide Chain and the tenth Shenzhen Authentic Design Trend Week got here to an finish on the Shenzhen World Exhibition & Conference Heart on November 23. The exhibitions featured greater than 50 occasions protecting your entire vogue business chain and introduced collectively greater than 800 chosen exhibitors from everywhere in the world to Shenzhen, the fastest-growing metropolis in China, which is striving to grow to be an icon within the world vogue business and a global vogue capital providing cutting-edge merchandise.
Shenzhen’s vogue business, which started with processing and manufacturing some 40 years in the past, has shaped a contemporary vogue business cluster designing and producing merchandise starting from clothes to watches, eyewear, furnishings, leather-based, gold, and jewellery. These days, Shenzhen is a vital vogue business hub with essentially the most complete product classes, the very best focus of unique manufacturers, essentially the most established help amenities, and one of many quickest rising in China.
Shenzhen is a focus of the garment business in China, with greater than 2,500 manufacturers, of which some 90% are privately held. Garment producers in Shenzhen have a market share of over 60% in first-tier buying malls in large- and medium-sized cities all through China. In 2021, Shenzhen’s garment business accounted for 10% of the nation’s complete gross sales.
Shenzhen is called the “Watch Capital of China.” Town is dwelling to seven of the highest ten Chinese language watchmakers, who collectively set the inflexible requirements for watchmaking throughout the nation. Shenzhen at present produces 42% of the world’s watches, making it the world’s largest manufacturing base within the sector.
Shenzhen-made eyewear is bought in additional than 120 international locations and areas. It accounts for a share of 70% within the all-important European market. Presently, 125 million pairs of eyeglasses are produced in Shenzhen yearly, producing an annual output worth exceeding 10 billion yuan (approx. US$1.4 billion). The business accounts for about 50% of the world’s complete manufacturing of medium- and high-end glasses.
Shenzhen can also be China’s main furnishings R&D, manufacturing, and export hub. The Shenzhen Worldwide Furnishings Exhibition, now in its twenty fourth yr, is without doubt one of the largest exhibitions in its business. Right this moment, Shenzhen’s furnishings business has an annual output worth reaching practically 500 billion yuan (approx. US$70 billion).
China is the world’s largest footwear producer, accounting for about half of the world’s footwear manufacturing with an annual output of 13.5 billion pairs. At current, the leather-based business in Shenzhen employs greater than 200,000, producing gross sales of 50-60 billion yuan (US$7-8 billion) a yr.
Shenzhen can also be a landmark of China’s jewellery business. It has the most important gold and jewellery cluster in China, with the very best degree of growth and essentially the most full industrial chain. Town is dwelling to some 30 jewellery buying and selling facilities and wholesale markets of varied sizes, greater than 2,000 jewellery producers using over 200,000 staff, and occupying a 50% share of China’s gold and jewellery wholesale market.
A metropolis lengthy recognized for its vitality, Shenzhen is now taking over a brand new moniker, the Metropolis of Trend.
SOURCE Individuals’s Every day On-line
