With the Covid-19 pandemic ravaging the world economy, figures from the National Bureau of Statistics reveal that the value-added of China’s footwear manufacturing in 2020 was down 12.8% year-on-year. Compared to 2019, China produced two billion fewer pairs of shoes in 2020. In terms of global market share, China’s footwear output was 1 percentage point down from that of 2019. More