Li-Ning has started construction of a Rmb3.2bn manufacturing and distribution centre in Jingmen, Hubei province. Zhang Zhiyong, chief executive of the sportswear company, said the project will be a milestone in its expansion into the markets of central and west China.
When the entire project is completed in 2013, annual output value is expected to be Rmb6bn, or 40-50 per cent of the company’s total production. Some 50,000 new jobs will be created in Jingmen.
Li-Ning has also agreed to finance a logistics centre and a product research facility in the industrial park.