FUZHOU, July 11 -- Some 38 years ago, Ding Hemu sold all his valuable belongings and gathered 1,000 yuan (about 151 U.S. dollars) to start a small shoe-making workshop, hoping to feed his family.
With per capita land of just 0.03 hectare, however, it was hard to make ends meet in Jinjiang through farming back then.
Now, Ding has made his small family business into a sportswear empire of world fame. He has also become an icon in Jinjiang, now a small coastal city in east China's Fujian Province.
ANTA, which was set up by Ding in 1991, is now China's most valuable sports brand with a market value of more than 100 billion Hong Kong dollars, making it the third in the industry globally in terms of market value, after only Nike and Adidas.
Ding is just one of the city's thousands of entrepreneurs who have helped transforming the previously poor county in the late 1970s into the country's top 10 richest county-level cities in the new century and a role model for over 2,800 county-level districts across China rushing to achieve prosperity.
Covering just one two-hundredth of Fujian's area, Jinjiang created over 6 percent of the province's GDP in 2017. It has 46 listed companies and 50,000 private enterprises.
Over the past four decades, the city has developed an economic model focusing on the real economy and private enterprises, nurturing a number of famous brands including China's largest tissue paper manufacturer, Hengan Group, and sportswear giants ANTA, Xtep and Septwolves. One in five pairs of sports shoes in the world is produced in Jinjiang.
【国内英语资讯:China Focus: A small citys rise to prosperity】相关文章:
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