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The Status Quo Of Chinese Watch Industry - China Quality Medical Supplies - Medical Supplies

China is the world's largest watch producer

China is the world's largest watch producer. Chinese watch industry gradually formed as the main body of SMEs and cluster-style development structure, private enterprises and the rapid expansion of foreign-funded enterprises (accounting for more than 70% of the total number of enterprises). Guangdong Pearl River Delta region has been formed, Fujian, Zhejiang, Jiangsu, Shandong, and Tianjin, the six major producing areas.

In 2005, the watch sales revenue of industrial products 12.605 billion yuan, total industrial output value of 13.014 billion yuan watch, the total profit and tax of 6.35 billion, of which the total profit of 399 million.

In 2006, China's total watch and chronograph instrument manufacturing enterprises in total industrial output value of 17,857,589 thousand dollars, grew by 19.1% over the previous year; to achieve total sales revenue of 16,811,063 thousand dollars, increased 19.86% over the previous year; to achieve a total profit of 506,508 total thousand dollars, grew 1.87% over the previous year. & M $ [5 H) r! Y8 B1) 4 ~

2007 from January to May, China's all watch and chronograph instrument manufacturing enterprises in total industrial output value of 7,074,851 thousand dollars, increased 20.09% over the same period the previous year; to achieve total sales revenue of 6,439,175 thousand dollars, increased 15.9% over the same period the previous year; to achieve accumulated a total profit of 195,768 thousand dollars, grew 71.5% over the previous year.


Although the Chinese watch industry made great progress, but it also can not ignore the Chinese companies and their brands in the international market credibility and influence minimal, accounting for 70% of world production but 30% of the world's total output. Watch industry, the problems are also evident. Industrial transformation and lag behind the consumption structure upgraded; watches products, structural contradiction. On the one hand a serious backlog of middle and low product and its enormous excess production capacity, on the other hand, to adapt to the effective supply of high consumption supply, its high technology content, good quality high-end brands still rely on imports. Therefore, the current Chinese watch industry needs to accelerate the pace of technological innovation, the development of company's core technologies; efforts to improve product quality, create a fine-made clocks and watches; do a good job of product structure adjustment, to adapt to market changes; grasp the construction workforce, the introduction and cultivation of talents. In order to raise China's international competitiveness of Chinese industry.

by: gaga
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