Shenzhen's makeover taking shape
Shenzhen, one of the country's major garment and textile industrial bases, is aiming to transform itself from a manufacturing powerhouse into a design and innovation-driven fashion hub after reporting robust income since 2017.
Apart from being China's technology hub, Shenzhen is also one of the country's largest textile and clothes centers. It is home to a number of domestic brands such as Fuanna, Kaltendin, Yiner and Migaino, while many international fashion firms have chosen to team up with local partners such as Pinko and La Pargay.
Dalang Fashion Town, a major garment and textile center that is home to more than 200 brands, reported a 40 billion yuan ($5.9 billion) annual income in 2017, and this is expected to double by 2022, said Yu Xinguo, a member of the standing committee of Shenzhen Municipal Committee of the Communist Party of China.