Will Earthquakes Drive Away The Shoemaking Industry That Moves To Sichuan?

Chengdu, May 12, 2008, earthquake occurred in Wenchuan, Sichuan. In May 12th, Chengdu felt strong.

According to the national seismic network, at 14:28 on May 12th in Beijing, a magnitude 7.6 earthquake occurred in Wenchuan County, Sichuan.

This is a real earthquake.

Under the situation of Guangdong's shoe industry constantly suffering from RMB appreciation, labor costs rising, export tax rebate reduction and other factors, "an internal and external attack", the footwear industry's "earthquake" is spreading.

At this time, Sichuan province held a large-scale and high standard Guangdong shoe industry pfer and exchange conference in Guangzhou, attracting nearly 200 shoe companies in Guangdong.

On the first major event held in Sichuan province after the implementation of the strategic decision to undertake industrial pfer, vice governor of Sichuan, Huang Xiaoxiang, made an appointment with the leaders of five cities in Chengdu, Leshan, Suining and Nanchong, and 11 industrial parks which were designated as the main undertaking areas of shoemaking industry, and sent a friendly call to Guangdong shoe making enterprises.

In this regard, the industry commented, "Sichuan has begun to undertake the Guangdong footwear industry pfer of the curtain."

On the 25~28 day of May, the Ninth China western international exposition will be held in Chengdu.

Recently, Chengdu said at a press conference that the city clearly requested all departments and districts (cities) to seize the opportunity of the Western Conference to make it an important platform for undertaking industrial pfer, attracting foreign investment and understanding Chengdu and experiencing Chengdu at home and abroad.

Will the earthquake that just happen will shake the firm confidence of shoe companies invested in Sichuan?

What impact does the earthquake bring on these shoe companies?

Let's wait and see.