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Why did Wal-Mart set up a global purchasing center in Putian?
Wal-Mart has four global procurement centers in China, namely Shenzhen, Dongguan, Shanghai, and Putian. The processing and manufacturing industries of these four global procurement centers are very developed, and they are all located in the Pearl River Delta and the Yangtze River Delta. Walmart's global purchasing center in Putian is mainly responsible for shoes and clothing. Putian's shoe and clothing manufacturing industry is quite developed and is known as the "Shoe City". It is mainly OEM and has few independent brands. Some international brands such as Nike and AND1 Famous sports brands have authorized factories in Putian. Putian's shoemaking costs are low, high technology and good quality. It is these advantages of Putian that Wal-Mart takes a fancy to, so it sets up a global procurement center in Putian. Although the Wal-Mart store opened last year At the end of the year, it officially entered Putian Sanxin.Jinding Plaza.
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