Recently, Vice President Pan Guoxing, Belt Industry Association of Yiwu City, Zhejiang, received two clients from Spain in his shop. Records show that he has business dealings with 26 countries. He explains, “6 out of every 10 belts in the world are made in China. About 70 percent of Yiwu made belts are sold around the world.”
The operating area of the belt and fine products Commercial Street covers over 30,000 square meters, with more than 300 companies located inside. They have several thousands of belt models, and basically, launch a new product very week.
Now, belt industrial practitioners have come to realize that Yiwu belt industry must go to belt brands and scale development.
After the establishment of trade association, they have a platform for communication and coordination. Industrial resources have been further enhanced. A modern, scale and specialized base camp for belt exports will come into being in China.
Fibre2fashion, News Desk - China
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