Chinese bikes well received in overseas markets

0 Comment(s)Print E-mail Xinhua, March 26, 2019
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The total value of intended deals exceeded 150 million U.S. dollars at the 19th North China International Bicycle and E-Bike Exhibition, up about 25 percent year on year, organizers said.

More than 100 buyers from over 30 countries and regions including Britain, the United States and Russia have signed intention deals with Chinese companies during the three-day expo held in northern China's Tianjin Municipality, which closed Sunday.

Giovanni Scacciaferro, president of e-PlatForm, an Italian cross-border e-commerce firm, said there has been increasing demand for electric bikes in the European and Middle East markets. Chinese-made e-bikes win customers with good quality and reasonable prices.

Doing trade business for three years in the city of Yiwu, eastern China's Zhejiang Province, British businessman Saman Salih favors the Chinese bicycle and e-bike market, which he thinks is vigorous and innovative with rapid iterations.

Made-in-China bikes, electric motorcycles and scooters for children are entering more and more British families' homes, he said.

China's leading e-bike manufacturer Aima has so far launched more than 140 models to meet different demands of its customers in markets of other countries and regions around the world.

The company plans to cooperate with local firms from countries in South Asia, the Middle East, South America and Eastern Europe to set up new factories or production lines, according to Sun Shuo, head of Aima's international marketing center.

According to Liu Suwen, director-general of China Bicycle Association, China exported 59.3 million bikes worth 3.25 billion U.S. dollars in 2018, up 5.1 percent and 4.6 percent year on year respectively.

E-bike export rose 10.4 percent annually to 1.88 million units last year, with total value of export going up by 14.6 percent to reach 790 million U.S. dollars. 

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