Yesterday, Taiwan Baocheng International Group formally signed a contract with Yangxin county. It plans to invest 100 million US dollars to establish shoe-making enterprises in this county, and it is expected to accept 20 thousand labor force.

It is understood that in September this year, Baocheng International Group will lease the factory buildings in Shannan Industrial Park in Huangshi, and move to the new industrial park of the new industrial zone of Yang new city in one year, and plan to build 28 production lines, with 12 million pairs of shoes per year, with an annual output value of 3 billion yuan.

Baocheng International Group is the world's largest brand sport shoes and casual shoes business, including Adidas, Nike, including more than 50 internationally renowned brand shoes are produced by it.

Yangxin county is the main exporter of shoemaker in China. More than 100 thousand people are engaged in shoe making industry all over the country. "Yangxin shoemaker" is the national labor export brand. This contract can be complementary to each other.