How Can Chinese Shoe Enterprises Get Out Of The Way Of Survival?

China's footwear industry is experiencing the throes of industrial upgrading. Levin, President of Yale University, said: China's manufacturing pformation takes 15 to 20 years.

In the face of such a long process, how can China's shoe enterprises go out of existence?

Can the "escape" of these enterprises benefit the upgrading of China's footwear industry?

He Jieming, senior director of McKinsey, a leading global consultancy, thinks that it is not a wise choice for large multinational companies to shift manufacturing bases to Vietnam, Thailand and Malaysia.

Barrett, chairman of Intel's board of directors, argues that pferring low-end manufacturing to Vietnam is definitely not a bad thing.

Reporters learned from the relevant footwear industry that in fact, as early as the beginning of this year, the collapse of the shoe enterprises in the PRD witnessed the collapse of factories, such as Vietnam and other countries, and the world's largest footwear processing enterprises also invested in factories in other countries outside China.

Moving to lower labor cost countries, especially to neighboring Vietnam, seems to be a trend for Chinese shoe companies.

However, from a practical point of view, most enterprises must bear the risks and pressures brought about by the pfer of industries to foreign countries.

After all, for countries like Vietnam, although low labor costs are the main advantages of labor-intensive industries, the proficiency of workers and the mature industrial chain environment have not yet been developed, coupled with the frequent labor disputes, which constitute uncertain factors for enterprises to invest abroad.

Relevant experts told reporters that for China's shoe industry "shuffle", industrial pfer is not limited to low labor cost countries abroad, the pfer of domestic scope is also one of the enterprises to find a way out.

With the collapse of shoe enterprises in the Pearl River Delta at the beginning of the year, the process of "shifting East shoes to the west" and forming a new shoe-making base in the West have been in progress, separating the design, marketing links from production links, that is, the so-called "headquarters economic mode" is worth learning from Chinese enterprises.

As a global manufacturing base, the mature industrial chain and business environment that China has formed over the years are currently irreplaceable by other countries. The industry shuffle of China's footwear industry has made many shoe companies undergo the throes of change, but for the Chinese shoe industry, the overall competitiveness will certainly be enhanced after the labor pains.