Innovation,key for＂Made in China＂ to out of crisis

China＇s foreign trade and export enterprises have encountered unprecedented pressure during the global financial crisis - but analysts say they believe innovation is the way out for the ＂Made in China＂ brand.
The Quanzhou Baofeng Shoes Company, one of China＇s leading producer of slippers, is precisely the type of exporter that should be on its knees. Headquartered in Quanzhou, a coastal city in southeastern Fujian Province, Baofeng used to export 90 percent of its annual output to the United States.

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