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China ranks first in the world with nearly 400 million bicycles

Data:2019-12-12 13:55:32

According to the China bicycle industry conference 2019, China has nearly 400 million bicycles and 300 million e-bikes, both ranking first in the world.

The "2019 China bicycle industry conference", organized by the China cycling association, was held in Beijing on July 23, 2019, with the participation of major domestic enterprises in the bicycle industry, upstream and downstream enterprises, and related industry certification and testing institutions.Liu suwen, chairman of the China cycling association, said the annual output of e-bikes has exceeded 30 million, with an annual output value of more than 100 billion yuan.

At present, new technologies and materials are widely used in the bicycle industry, and new products and new forms of business are constantly emerging."With the traditional bicycle market facing a shrinking size and increasing industry concentration, it is particularly important to increase brand value."Wang chaoyang, President of Shanghai phoenix bicycle co., LTD., said that at present, balance vehicles, scooters, moped and other new products have become a new trend in the market, and consumers' demand for product functions has changed.

In the first three quarters of this year, e-bike production rose 20.15 per cent and profits rose 16.92 per cent."After the implementation of the new national standards for electric bicycles, the quality and safety requirements of the industry have been further improved."Ni jie, chairman of zhejiang luyuan electric vehicle co., LTD., said the quality of tires, motors, controllers and brakes should be improved, especially the safety of lithium batteries.

"Although the bicycle industry is not a big industry, it has a special place in China's economic and social life."Liu suwen said that bicycles, electrically-powered bicycles and electric bicycles practice the low-carbon concept, and the whole society should enhance the concept of green bicycle travel, promote the creation of a good industrial development environment, encourage green travel, and meet people's diverse travel needs.

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