R&D boost

Despite its remarkable achievements, the bicycle and child vehicle industry in Pingxiang faces challenges such as the need for greater innovation and brand building, as well as the push for higher-end products.

"Although we have a very solid foundation for development at present, there are still some issues. For example, our comprehensive research and development design is still relatively weak, and there are few well-known companies or brands," Chai said.

To address these challenges, local enterprises are increasing their investment in research and development, adopting advanced technologies and equipment, and strengthening cooperation with various institutions, according to Chai.

"This is aimed at improving product quality, developing more high value-added products, and enhancing the industry's competitiveness," he said, adding that the local government will continue to provide strong support, creating a favorable environment for the industry's development.

Industry associations and enterprises will also work together to promote the transition from "manufacturing" to "quality manufacturing" and from "products" to "brands", realizing the vision of cementing Pingxiang as a global leader in the bicycle and child vehicle industry.

"As this industry continues to evolve, it will bring more high-quality products to consumers worldwide," Chai said.