The current state of the clock industry

Clocks and watches have always been one of the favorite commodities of the Chinese people. Since the founding of the People's Republic of China, the state has invested a lot of money in the development of the watch industry, so that the industry has developed rapidly, and since then, China's reform and opening up and the development of economic globalization have brought prosperity to China's watch industry. After decades of development, China's watch industry has experienced the development process of incoming assembly, appearance parts manufacturing, product development, and brand creation, and has now formed a complete watch manufacturing industry, except for high-end movements, all spare parts can be processed and produced.

From the perspective of regional pattern, the country has formed six major watch production areas in the Pearl River Delta region, Fujian, Zhejiang, Jiangsu, Shandong, Tianjin, etc., led by Guangzhou and Shenzhen; In terms of output, China has become the world's largest producer of clocks and watches, and its watch output ranks first in the world. In 2011, China's production of clocks and watches reached 159 million and 130 million respectively.

Although the development of China's watch industry has made great progress, the credibility and influence of domestic watch companies and their brands in the international market are still insignificant, although the proportion of output has reached more than 80%, but the output value accounts for less than 30%, and there is still no right to speak and pricing.