The China National Light Industry Council (CNLIC) is a national organisation that services and monitors the performance of 26 industry associations on the mainland, including the bicycle industry. It recently released its list of the top ten bicycle enterprises in China, based on evaluation of each company’s market, profitability, revenue and volume.
According to CNLIC, the aggregate value of the light industry sector accounts for one third of China’s total respective industrial production value, tax revenues and export value and profits. Each year, the Council evaluates annual data submitted by its industry associates and their enterprises in order to define the leading companies in each of the 37 industries the Council oversees. In May, the list of 2011 industry leaders was published (below).
Recent statistics published by China’s Bicycle Association show the nation’s bicycle production reached 83.45 million units in 2011, representing an increase of 2.3% from 2010. Overall export value was USD5.26b, with an average unit price of USD260.9. Most interestingly, exports of ‘competition’ (racing) bikes grew 36.2% year-on-year. This demonstrates that ongoing structural changes within the domestic bicycle manufacturing sector are resulting in increased quality and high-end production capacity.
TOP 10 ENTERPRISES OF CHINA’S BICYCLE INDUSTRY, 2011
Giant (China) Co., Ltd.
Merida Bicycle (China) Co., Ltd.
Tianjin Golden Wheel Bicycle Group Co., Ltd.
Tianjin Fujitec Bicycle Co., Ltd.
Zhejiang Rebar Huang & Trade Group Co., Ltd.
Tianjin Colin Bicycle Co., Ltd.
XDS Bicycle Co., Ltd.
Shanghai Phoenix Bicycle Co., Ltd.
Middle Road, Co., Ltd.
Hebei strong long bicycle accessories Group Limited