Bicycle parts manufacturers carve profitable path abroad

chinadaily.com.cn | Updated: 2020-10-15 13:22
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Employees of Tangshan Jinhengtong Group organize a bicycle exhibition hall in Tangshan, Hebei province, on Oct 14, 2020. [Photo/Xinhua]

Bicycle parts manufacturers in Lutai Economic Development Zone in Tangshan city, North China's Hebei province, have increased profits in recent years by improving products quality and taking advantages of industrial clusters.

The more than 40 bicycle parts manufacturers registered annual output value at 5 billion yuan ($743.5 million), with products sold to countries and regions such as the United States, Italy, and Japan.

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