Bicycles made in China sell well in Europe

release time£º2020/6/27

Recently, the pace of the resumption of work and production in many European countries has been accelerating, local people's demand for bicycles has seen a sharp increase. Thanks to its high cost performance and efficient supply capacity, Chinese bicycles have been popular in Europe recently, meeting local people's travel needs during the coVID-19 epidemic prevention and control.
"The epidemic is not over yet. "Compared with other modes of transport, bicycles are becoming more popular because they are environmentally friendly, light and provide a social distance." "Bicycles made in China are reliable and affordable, and many people around us are using them," said Roma resident Olivia.
According to the China Bicycle Association, China accounts for about 50% of the world's annual bicycle sales. By last year, China had exported more than 1 billion bicycles, power-assisted bicycles and electric bicycles to 160 countries and regions.
According to data released by Aliexpress, a cross-border e-commerce company owned by China's Alibaba, bike sales in Spain rose more than 22 times in May compared with the same period last year, while sales in Italy and the UK rose about four times. Chinese bicycles hold a significant share of the Italian market, with half of the bicycles sold in Italy coming from Chinese manufacturers, Veneto Economic.com reported.
Bike sales have also been boosted by government subsidies and incentives for cycling in some European countries. The government has approved a "green" subsidy of 60 per cent of the price of a bicycle, up to a maximum of 500 euros, for urban residents with a population of more than 50,000. The government has a €20m funding scheme to subsidise transport for commuters by €400 per person and €50 for bike repairs. The German city of Berlin has replanned road signs, expanded temporary bike lanes and restricted car drivers from parking in bicycle lanes.
"China's bicycle industry chain is complete, the technology is mature, the production of products with high cost performance and advantages, has been popular among consumers." Bicycles and other "made in China" products continue to be sold to other countries and play an important role in meeting local People's Daily needs of epidemic prevention and supporting countries to resume work and production, said Ismail Kaka, owner of a bicycle shop in Frankfurt, Germany.

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