Zhuji's exports of socks grow in H1
A worker produces socks at a workshop in Zhuji, a county-level city in Shaoxing, East China's Zhejiang province. [Photo/Zhejiang Daily]
More than 90 percent of the 110 export-oriented firms that are affiliated with the Zhuji Socks Industry Association reported an increase in their exports of socks in the first half of this year, according to statistics recently released by the association.
Over half of these firms said that business has been so brisk that they are unable to take new orders until October.
According to Zhang Xinggang, a government representative at the sock company cluster in Datang subdistrict, the notable growth in the exports of Zhuji socks was largely due to the comprehensive industrial chain formed in the city.
"Zhuji has more than 6,000 sock firms, and this has resulted in relatively lower production costs and quicker production speed than other areas," said Zhang.
Zhuji has in recent years been leveraging digital technology to transform its traditional sock industry.
To boost sock exports, governmental departments in Zhuji have also held several training sessions for firms to better understand the trade and financial policies of China and foreign countries.