China's Tianjin Makes a Quarter of World's Bicycles

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Last updated at: (Beijing Time) Tuesday, April 15, 2003

China's Tianjin Makes a Quarter of World's Bicycles

The city of Tianjin in north China produced 25 million bicycles in 2002, accounting for 41 percent of the country's total and one quarter of the world's bikes.

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The city of Tianjin in north China produced 25 million bicycles in 2002, accounting for 41 percent of the country's total and one quarter of the world's bikes.

Tianjin earned 90 million US dollars from exporting 2.46 million bicycles in 2002, a big leap from 230,000 in 1999.

In 2002, the local bicycle industry paid as much as 150 million Yuan (18 million dollars) in taxation.

By the end of 2002, the municipality had 403 bicycle-making enterprises and 418 spare parts producers, according to the local cycling association.

The number of private companies involved in bicycle production has risen to 700 and their production capacity is growing by 156 percent annually.

In the town of Wangqingtuo, Wuqing District, alone the number of bicycle and parts producers has risen to 360, forming a bicycle industry park covering an area of 133 hectares, with an annual production capacity of 6.8 million bicycles.

The town has sold its bicycles both domestically and abroad, especially in European, American and southeast Asian countries.

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