Exporters hope to set global market for fireworks on fire

Chinese producers of fireworks and firecrackers are hoping to make tremendous gains overseas and expand global market share amid growing demand.

As the largest producer and exporter of fireworks and firecrackers, China considers the products a national intangible cultural heritage. China produces and exports 90 percent of fireworks and firecrackers in the world.

Globally, the annual value of these products stands at $12 billion. The United States, Germany, India and Vietnam also produce some fireworks products, according to the China Fireworks and Firecrackers Association.