World’s largest toy manufacturing city in China„ÄÄ

From China Economic Net:

Guangdong ’s toy industry, closely co-operating with Hong Kong, has now expanded to include more than four thousand factories , taking up half the market share of all of China’s toy manufacturers and has become the world’s largest toy producing city.

China is the world’s biggest toy manufacturer and exporter, with nearly 8,000 toy enterprises producing three-quarters of the entire world’s toys inside China. Currently, more than half of these toymakers are located in Dongguan. Initially funded by Hong Kong capital that set up factories, the industry has moved gradually from supplying raw materials and production factors to Hong Kong’s toy industry to creating its own independent brands, realizing specialized and expanded local production. In the recent years, Dongguan added more than 500 toy manufacturers each year on average.

May 28, 2005, 8:50 AM
Posted By:
Categories: Economy