Statistics On The Operation Of China's Bicycle Industry From January To August In 2020

Oct 14, 2020

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According to the data of China Light Industry Information Center: The statistics of China's bicycle industry from January to August 2020 are as follows.

1. Production

From January to August 2020, among the main products of China's bicycle manufacturing industry, the output of two-wheeled bicycles was 27.652 million, a year-on-year increase of 10.5%; the output of electric bicycles was 19.427 million, a year-on-year increase of 25.6%.


In August, China's output of two-wheeled bicycles was 4.253 million, a year-on-year increase of 22.9%; the output of electric bicycles was 3.903 million, a year-on-year increase of 42.6%.

2. Benefits

 

From January to August 2020, the operating income of bicycle manufacturing enterprises above designated size in China was 105.32 billion yuan, a year-on-year increase of 12.4%, and total profits were 4.74 billion yuan, a year-on-year increase of 28.5%.


Among them, the operating income of the two-wheeled bicycle manufacturing industry was 32.73 billion yuan, a year-on-year increase of 2.7%, and the total profit was 1.32 billion yuan, a year-on-year increase of 13.3%; the operating income of electric bicycles was 58.09 billion yuan, a year-on-year increase of 23.4%, and the total profit was 2.68 billion yuan. , An increase of 42.9% year-on-year.

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