Shantou's Chenghai district named nation's 'toy and gift capital'

The China National Light Industry Council and China Gift Association listed Shantou's Chenghai district as "China's toy and gift capital" in Beijing late last month, an honor marking a milestone in the district's toy industry, market analysts said.

The district has more than 5,000 toy firms, 30 of them capable of a yearly industrial output surpassing 100 million yuan ($16.39 million), official statistics show.

Four toy companies-Guangdong Alpha Animation and Culture Co Ltd, Xinghui Auto Model Co Ltd, Huawei Scientific Technology Co Ltd and Guangdong Qunxing Toys Joint-Stock Co Ltd -make up 80 percent of China's all listed toy companies.