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"Wenzhou Design" Goes Global
【Fonts: Large Medium Small 【Source: Wenzhou·China 【Date: 2018.02.10】

By undertaking offshore service outsourcing (OSO) business, Wenzhou's original design and distinctive fashion began to go global. In 2017, the performed OSO contracts were valued at USD 220.49 million, an increase of 69.7% YoY, and the increasing rate had been kept at over 60% for three successive years.


By executing orders for design from over 20 countries overseas, Wenzhou Zhongyin Fashion Shoe and Garment Design Co., Ltd. has designed products in 4000 varied styles, and launched them into the international market in the past five or six years. In recent years, the number of the company's products has grown at the rate of 30% -50% annually. In addition, Zhongyin set up a global women's shoes design center in Italy,  Spain   and  China  's Hangzhou and Wenzhou, and in cooperation with the China Leather and Footwear Industry Research Institute, the company developed customization making system for the whole shoe-making industry chains.


The rapid development of Zhongyin is only an epitome of Wenzhou's design strength. The number of Wenzhou's enterprises taking on OSO business has increased from 29 in 2015 to 66 in 2017.


The structure of Wenzhou's undertaken OSO business is constantly optimized and upgraded. Local enterprises have taken on the business of KPO, ITO and BPO with completed contract value of USD 187.85 millionUSD 27.74 million, and USD 4.9 million respectively, accounting for 85.20%, 12.58%, and 2.22% of the total business value. Providing the business accounting for USD 45.42 million (20.60%) of the total, the US has become Wenzhou's largest OSO business providers.  


Wenzhou enterprises’ completed contract value of OSO business from the US has reached USD 45.42 million, accounting for 20.60% of the whole market, and thus got the lion’s share.

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