The social ownership of nearly 400 million bicycles in China ranks first in the world.

| gov.cn

Xinhua News Agency, Beijing, 22 Nov (Reporter Zhao Wenjun) on the 22nd, the reporter learned from the 2019 China Bicycle Industry Conference that at present, China has nearly 400m bicycles and nearly 300m electric bicycles, both ranking first in the world.

The 2019 China Bicycle Industry Conference organized by the China Cycling Association was held in Beijing on the 22nd, with the participation of major domestic bicycle industry enterprises, upstream and downstream enterprises, as well as related industry certification and testing organizations. Liu Suwen, chairman of the China Cycling Association, said that at present, the average annual output of electric bicycles is more than 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 business type continue to emerge. "the size of the traditional bicycle market is shrinking and the concentration of the industry is increasing, so it is particularly important to enhance the brand value." Wang Chaoyang, president of Shanghai Phoenix Bicycle Co., Ltd., said: at present, new products such as balance cars, scooters and booster cars have become a new trend in the market, and consumers' demand for product functions has changed. Enterprises should meet the needs of consumers and strive to enhance the brand value of enterprises.

In the first three quarters of this year, production of electric bicycles rose 20.15% and profits rose 16.92%. "after the implementation of the new national standard 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 that it is necessary to improve the quality of tires, motors, controllers, brakes and other links, especially the safety of lithium batteries.

"although the bicycle industry is not a big industry, it plays a very special role in the economic and social life of our country." Liu Suwen said: bicycles, electric-assisted bicycles and electric bicycles practice the low-carbon concept, and the whole society should strengthen the green travel concept of bicycles, promote the creation of a good industrial development environment, and encourage green travel. To meet the diversified travel needs of people.

The social ownership of nearly 400 million bicycles in China ranks first in the world.

| gov.cn

Xinhua News Agency, Beijing, 22 Nov (Reporter Zhao Wenjun) on the 22nd, the reporter learned from the 2019 China Bicycle Industry Conference that at present, China has nearly 400m bicycles and nearly 300m electric bicycles, both ranking first in the world.

The 2019 China Bicycle Industry Conference organized by the China Cycling Association was held in Beijing on the 22nd, with the participation of major domestic bicycle industry enterprises, upstream and downstream enterprises, as well as related industry certification and testing organizations. Liu Suwen, chairman of the China Cycling Association, said that at present, the average annual output of electric bicycles is more than 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 business type continue to emerge. "the size of the traditional bicycle market is shrinking and the concentration of the industry is increasing, so it is particularly important to enhance the brand value." Wang Chaoyang, president of Shanghai Phoenix Bicycle Co., Ltd., said: at present, new products such as balance cars, scooters and booster cars have become a new trend in the market, and consumers' demand for product functions has changed. Enterprises should meet the needs of consumers and strive to enhance the brand value of enterprises.

In the first three quarters of this year, production of electric bicycles rose 20.15% and profits rose 16.92%. "after the implementation of the new national standard 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 that it is necessary to improve the quality of tires, motors, controllers, brakes and other links, especially the safety of lithium batteries.

"although the bicycle industry is not a big industry, it plays a very special role in the economic and social life of our country." Liu Suwen said: bicycles, electric-assisted bicycles and electric bicycles practice the low-carbon concept, and the whole society should strengthen the green travel concept of bicycles, promote the creation of a good industrial development environment, and encourage green travel. To meet the diversified travel needs of people.









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