China watches industry crisis and forward-looking
In 2005, China’s exports of the entire national economy as a major bright spot, with a total value to achieve 762 billion U.S. dollars, up 28.4 percent. And watches the situation but it falls short of exports, over the years by curbing growth in a row, table clocks and have different levels of export decline. According to customs statistics, in 2005 bell and bell parts exports 629.6 million U.S. dollars, up 0.51 percent decline, in which the mechanical clock export volume fell 25.14 percent and exports fell 14.17 percent. Tables and Table parts exports 1,289,900,000 U.S. dollars, fell 5,29%, with the number of mechanical watch exports fell 39.58 percent and exports dropped 12.18 percent year-on-year; electronic watches export volume fell 14.28 percent and exports fell 4.68 percent. There are not counted replica watches market.
Looking ahead and predict the future development prospects of our watches, we make judgments and conclusions are “not optimistic.”
Therefore, in order to enhance the future development of the watch industry to enhance its competitiveness in the industry bigger and stronger nation watches, mainly on the following aspects: to enlarge and strengthen China’s national brands of watches and clocks, watches brands to build China’s “aircraft carrier.”