Members of the international media tour A Date with China visited the Maritime Silk Road Horologe Museum in Zhangzhou, East China's Fujian province, on Sunday and got a closer look at the history and current development of the city's clock and watch manufacturing industry.
Zhanghzou's history of the clock and watch industry stretches back to 400 years ago, with Western clocks flowing into the city through the Maritime Silk Road and locals beginning imitation. Now, Zhangzhou has ushered in its own era of clock and watch manufacturing, with the industry becoming one of the most important sectors of Fujian province.
As the production and sales base for electronic quartz clocks in China, Zhangzhou is also the world's largest producer of quartz clocks and has established a complete industrial chain from component production to assembly. With over 200 related enterprises, the industry generates about 7 billion yuan ($968 million) in output value. Zhangzhou's global market share of quartz clock components exceeds 70 percent, with the products exported to nearly 200 countries and regions worldwide.
Hengli Electronic is one of the representative private enterprises of Zhangzhou's industry. According to CEO Shao Yueming, 90 percent of its products are sold overseas.
Shao said that due to the Belt and Road Initiative, the company has been able to tap into a broader world. "The orders from BRI countries and emerging overseas markets have grown rapidly and the intention for cooperation is becoming stronger than ever before," Shao said. The emerging markets under the BRI will be the fastest developing region and the ASEAN countries will be the company's most important export area, Shao noted.
With the development of smart wearable devices, Zhangzhou's clock and watch enterprises are actively transforming and upgrading, establishing smart industrial parks, and venturing into the field. "In the future, Zhangzhou's clock and watch production will also move toward the direction of smart watches," Shao said.
Mahnoor Makhdoom, a member of A Date with China media tour and a reporter from Pakistan, showed interest in the cooperation between China and the emerging markets. "The clocks and watches are exported to emerging markets, which will bring not only economic connection but also cooperation on technology," she said.
UCLG-ASPAC Committee on the Belt and Road Local Cooperation
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Members of the international media tour A Date with China visited the Maritime Silk Road Horologe Museum in Zhangzhou, East China's Fujian province, on Sunday and got a closer look at the history and current development of the city's clock and watch manufacturing industry.
Zhanghzou's history of the clock and watch industry stretches back to 400 years ago, with Western clocks flowing into the city through the Maritime Silk Road and locals beginning imitation. Now, Zhangzhou has ushered in its own era of clock and watch manufacturing, with the industry becoming one of the most important sectors of Fujian province.
As the production and sales base for electronic quartz clocks in China, Zhangzhou is also the world's largest producer of quartz clocks and has established a complete industrial chain from component production to assembly. With over 200 related enterprises, the industry generates about 7 billion yuan ($968 million) in output value. Zhangzhou's global market share of quartz clock components exceeds 70 percent, with the products exported to nearly 200 countries and regions worldwide.
Hengli Electronic is one of the representative private enterprises of Zhangzhou's industry. According to CEO Shao Yueming, 90 percent of its products are sold overseas.
Shao said that due to the Belt and Road Initiative, the company has been able to tap into a broader world. "The orders from BRI countries and emerging overseas markets have grown rapidly and the intention for cooperation is becoming stronger than ever before," Shao said. The emerging markets under the BRI will be the fastest developing region and the ASEAN countries will be the company's most important export area, Shao noted.
With the development of smart wearable devices, Zhangzhou's clock and watch enterprises are actively transforming and upgrading, establishing smart industrial parks, and venturing into the field. "In the future, Zhangzhou's clock and watch production will also move toward the direction of smart watches," Shao said.
Mahnoor Makhdoom, a member of A Date with China media tour and a reporter from Pakistan, showed interest in the cooperation between China and the emerging markets. "The clocks and watches are exported to emerging markets, which will bring not only economic connection but also cooperation on technology," she said.
