Ceramics storehouse in Dubai to begin operations
(investinshenyang.gov.cn)
Updated: 2016-05-31
The 12th Shenyang Faku International Ceramics Expo&Fair, Shenyang, May 23, 2016. [Photo/Xinhua] |
"Contract signed for the operation of a 30,000-sq-m Faku ceramics storehouse in Dubai, symbolizing that Faku ceramics have entered the Middle East market of 1.46 billion people," announced the person in charge of the county's ceramics industry at the 2016 China Ceramics Products Export Forum Faku Summit on May 24.
The forum was sponsored by the China Ceramics Industrial Association and the Shenyang Municipal People's Government. And at the summit, enterprise participants analyzed China's ceramics export business, its global strategy and the target countries' markets.
Enterprises in Faku county of Shenyang city have hastened to "go global" this year. In January, Faku ceramics received a first export order to the Middle East of 60 million yuan ($9.14 million). In March, 20 containers of interior wall tiles were sold to South Korea. In May, Faku enterprises also signed long-term cooperation protocols with an EKT Group in Ethiopia, the African country with the fastest economic growth. The two sides will co-establish a Sino-Ethiopia Trade Group, anticipating annual directional ceramics product exports of no less than 60 million yuan.
It is predicted that the export of Faku ceramics will reach 50 million yuan this year, and the total export value of the next five years is expected to exceed $1 billion.