China's massage apparatus export to 164 countries and regions. The main market are the United States, Japan, Hong Kong, China, Germany and Spain. And new growth points are in the market of Australia, Vietnam, South Africa. South Korea, China Taiwan's exports declined. The previous five major export markets accounting for the amount of 54.37 percent, dropped by 9 percentage, compared with 2006.
Last year, China's total of 1,786 massage equipment exporters, the export volume of over 10 million U.S. dollars were 14 enterprises, accounting for 43.69 percent of a total value of exports; exports more than 1 million U.S. dollars were 137 enterprises, 42.70 percent of the total amount. Relative high concentration of exports, but on a limited scale enterprises.
As China's massage equipment manufacturing technology continues to progress and innovation, industry continue to grow and develop, but little independent research and development products, and more oriented to imitation. The same products between enterprises of the is very serious. The professional experts on developing new products is very rare.
Originally Posted: China Business Daily
Author: Angulo Fu