{"id":13983,"date":"2022-11-30T06:28:00","date_gmt":"2022-11-30T06:28:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3950662_CN50662_0"},"modified":"2022-11-30T06:28:00","modified_gmt":"2022-11-30T06:28:00","slug":"shenzhen-is-emerging-as-a-capital-of-fashion-with-eyewear-gold-jewelry-leather-and-furniture-industry-clusters","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=13983","title":{"rendered":"Shenzhen is Emerging as A Capital of Fashion with Eyewear, Gold Jewelry, Leather and Furniture Industry Clusters"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SHENZHEN, China<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 30, 2022<\/span><\/span> \/PRNewswire\/ &#8212; <span id=\"spanHghlt4d47\">A news report from People&#8217;s Daily Online: <\/span><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\" readability=\"10\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/1958523\/1.html\" target=\"_blank\" rel=\"nofollow noopener\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1958523\/1.jpg?p=medium600\" title=\"A metropolis long known for its vitality, Shenzhen is now taking on a new moniker, the City of Fashion.\" alt=\"A metropolis long known for its vitality, Shenzhen is now taking on a new moniker, the City of Fashion.\"> <\/a> <br \/><span>A metropolis long known for its vitality, Shenzhen is now taking on a new moniker, the City of Fashion.<\/span><\/p>\n<\/p><\/div>\n<p>The 25th Shenzhen International Exhibition for Clothing Supply Chain and the 10th Shenzhen Original Design Fashion Week came to an end at the Shenzhen World Exhibition &amp; Convention Center on <span class=\"xn-chron\">November 23<\/span>. The exhibitions featured more than 50 events covering the entire fashion industry chain and brought together more than 800 selected exhibitors from all over the world to <span class=\"xn-location\">Shenzhen<\/span>, the fastest-growing city in <span class=\"xn-location\">China<\/span>, which is striving to become an icon in the global fashion industry and an international fashion capital offering cutting-edge products.<\/p>\n<p><span class=\"xn-location\">Shenzhen&#8217;s<\/span> fashion industry, which began with processing and manufacturing some 40 years ago, has formed a modern fashion industry cluster designing and producing products ranging from garments to watches, eyewear, furniture, leather, gold, and jewelry. Nowadays, <span class=\"xn-location\">Shenzhen<\/span> is an important fashion industry hub with the most comprehensive product categories, the highest concentration of original brands, the most established support facilities, and one of the fastest growing in <span class=\"xn-location\">China<\/span>.<\/p>\n<p><span class=\"xn-location\">Shenzhen<\/span> is a focal point of the garment industry in <span class=\"xn-location\">China<\/span>, with more than 2,500 brands, of which some 90% are privately held. Garment manufacturers in <span class=\"xn-location\">Shenzhen<\/span> have a market share of over 60% in first-tier shopping malls in large- and medium-sized cities throughout <span class=\"xn-location\">China<\/span>. In 2021, <span class=\"xn-location\">Shenzhen&#8217;s<\/span> garment industry accounted for 10% of the country&#8217;s total sales.<\/p>\n<p><span class=\"xn-location\">Shenzhen<\/span> is known as the &#8220;Watch Capital of <span class=\"xn-location\">China<\/span>.&#8221; The city is home to seven of the top ten Chinese watchmakers, who collectively set the rigid standards for watchmaking across the country. <span class=\"xn-location\">Shenzhen<\/span> currently produces 42% of the world&#8217;s watches, making it the world&#8217;s largest manufacturing base in the sector.<\/p>\n<p><span class=\"xn-location\">Shenzhen<\/span>-made eyewear is sold in more than 120 countries and regions. It accounts for a share of 70% in the all-important European market. Currently, 125 million pairs of eyeglasses are produced in <span class=\"xn-location\">Shenzhen<\/span> annually, generating an annual output value exceeding <span class=\"xn-money\">10 billion yuan<\/span> (approx. <span class=\"xn-money\">US$1.4 billion<\/span>). The industry accounts for about 50% of the world&#8217;s total production of medium- and high-end glasses.<\/p>\n<p><span class=\"xn-location\">Shenzhen<\/span> is also <span class=\"xn-location\">China&#8217;s<\/span> leading furniture R&amp;D, manufacturing, and export hub. The Shenzhen International Furniture Exhibition, now in its 24th year, is one of the largest exhibitions in its industry. Today, <span class=\"xn-location\">Shenzhen&#8217;s<\/span> furniture industry has an annual output value reaching nearly <span class=\"xn-money\">500 billion yuan<\/span> (approx. <span class=\"xn-money\">US$70 billion<\/span>).<\/p>\n<p><span class=\"xn-location\">China<\/span> is the world&#8217;s largest footwear producer, accounting for about half of the world&#8217;s footwear production with an annual output of 13.5 billion pairs. At present, the leather industry in <span class=\"xn-location\">Shenzhen<\/span> employs more than 200,000, generating sales of 50-<span class=\"xn-money\">60 billion yuan<\/span> (<span class=\"xn-money\">US$7<\/span>-8 billion) a year.<\/p>\n<p><span class=\"xn-location\">Shenzhen<\/span> is also a landmark of <span class=\"xn-location\">China&#8217;s<\/span> jewelry industry. It has the largest gold and jewelry cluster in <span class=\"xn-location\">China<\/span>, with the highest level of development and the most complete industrial chain. The city is home to some 30 jewelry trading centers and wholesale markets of various sizes, more than 2,000 jewelry manufacturers employing over 200,000 workers, and occupying a 50% share of <span class=\"xn-location\">China&#8217;s<\/span> gold and jewelry wholesale market.<\/p>\n<p>A metropolis long known for its vitality, <span class=\"xn-location\">Shenzhen<\/span> is now taking on a new moniker, the City of Fashion.<\/p>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN50662&amp;sd=2022-11-30\"> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/shenzhen-is-emerging-as-a-capital-of-fashion-with-eyewear-gold-jewelry-leather-and-furniture-industry-clusters-301689868.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/shenzhen-is-emerging-as-a-capital-of-fashion-with-eyewear-gold-jewelry-leather-and-furniture-industry-clusters-301689868.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SHENZHEN, China, Nov. 30, 2022 \/PRNewswire\/ &#8212; A news report from People&#8217;s Daily Online: A metropolis long known for its vitality, Shenzhen is now taking on a new moniker, the City of Fashion. The 25th Shenzhen International Exhibition for Clothing Supply Chain and the 10th Shenzhen Original Design Fashion Week came to an end at [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":13984,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-13983","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shenzhen is Emerging as A Capital of Fashion with Eyewear, Gold Jewelry, Leather and Furniture Industry Clusters - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=13983\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shenzhen is Emerging as A Capital of Fashion with Eyewear, Gold Jewelry, Leather and Furniture Industry Clusters - My Blog\" \/>\n<meta property=\"og:description\" content=\"SHENZHEN, China, Nov. 30, 2022 \/PRNewswire\/ &#8212; A news report from People&#8217;s Daily Online: A metropolis long known for its vitality, Shenzhen is now taking on a new moniker, the City of Fashion. 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