Seven Years Later Chongqing Repositions Motorcycle As A Pillar Industry

Seven Years Later Chongqing Repositions Motorcycle As A Pillar Industry Seven Years Later Chongqing Repositions Motorcycle As A Pillar Industry motorcycle and electric bike news chinamotorworld.com

February 28, 2020
Posted by: chinamotor

Recently, Chongqing statistics office released the first quarter economic data. At the current economic development stage of Chongqing, 6% GDP growth rate is as expected. From the quarterly economic operation information of Chongqing over the years, the motorcycle industry has been included into the “pillar industry of Chongqing” for the first time, and it has published the growth rate of industrial added value together with the automobile, electronic information, and other industries.

Excluded in “6+1” industries

The “6+1” pillar industries in Chongqing include electronics manufacturing, materials industry, energy industry, chemical and medical industry, equipment manufacturing, automobile manufacturing and consumer goods industry. The “1” refers to the consumer goods industry. The data of the motorcycle industry only appeared in the output information of industrial products and were not included in the key industrial industries and “6+1” industries.

In the statistical report of the first quarter of 2015, the motorcycle industry was included in the data release for the first time, but only in the output disclosure of 366 products of Chongqing’s industries.

Seven Years Later Chongqing Repositions Motorcycle As A Pillar Industry Seven Years Later Chongqing Repositions Motorcycle As A Pillar Industry motorcycle and electric bike news chinamotorworld.com 03

Seven Years Later Chongqing Repositions Motorcycle As A Pillar Industry Seven Years Later Chongqing Repositions Motorcycle As A Pillar Industry motorcycle and electric bike news chinamotorworld.com 05

Seven Years Later Chongqing Repositions Motorcycle As A Pillar Industry Seven Years Later Chongqing Repositions Motorcycle As A Pillar Industry motorcycle and electric bike news chinamotorworld.com 02

Seven Years Later Chongqing Repositions Motorcycle As A Pillar Industry Seven Years Later Chongqing Repositions Motorcycle As A Pillar Industry motorcycle and electric bike news chinamotorworld.com 04Starting from the semi-annual economic report of 2015, Chongqing statistics office mainly published the overall situation of industries above the city-wide scale and the situation of “6+1” industries for the first time.

Change took place in March 20, 2019, Chongqing statistics office disclosed the industry data of January and February. Although it was still statistics on the added value growth of electronic manufacturing, material industry, energy industry, chemical and medical industry, equipment manufacturing industry, auto manufacturing and consumer goods industry, but it was not under the name of “6 + 1” industry, instead, it was in the name of the “pillar industry”. Meanwhile, motorcycle industry entered the “pillar industry” for the first time.

In the quarterly economic data Chongqing released recently, motorcycle industry appeared particularly eye-catching as a pillar industry.

Chongqing: the “City of Motorcycle ”

Data show that there are 463 complete motorcycle and parts enterprises in Chongqing, including 36 complete motorcycle manufacturing enterprises. The total assets of the industry exceed 100 billion yuan, with an annual output of 10 million motorcycles and 20 million engines as the comprehensive production capacity, including Lifan, Zongshen, Loncin, Jianshe Yamaha and other well-known manufacturers.

In 2018, the production and sales of motorcycles in Chongqing reached 3.81 million units, with a year-on-year growth of 3% and an output value of 83.5 billion yuan. However, it is worth noting that the export volume reached 3.58 million units out of the total 3.81 million units, reflecting the current downturn in the domestic market.

On April 15, the new national standard for electric vehicles was officially implemented, and on July 1, the National IV Emission Standard for motorcycles will be officially implemented, which are regarded by people in the motorcycle industry as good news to promote the production and sales growth of motorcycle enterprises. Chongqing, which has listed the motorcycle industry as a pillar industry for the first time, may take new measures to boost the industry in the future. (Source:  www.newmotor.com.cn)

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