Bicycles are traditional industries with a history of more than 100 years. Due to environmental protection and traffic problems, bicycles have once again become the favorite traffic and fitness tools for residents of all countries in the world, especially in developed countries. The bicycle industry in the world is shifting its focus from traditional modes of transportation to sports Type, mountain type, leisure-type changes in the United States, Europe, Japan and other developed countries, bicycles is a more common sports, fitness, leisure and entertainment products. The demand for bicycles in the world is huge every year. Statistics from Japan's CYCLEPRESS show that the demand for bicycles in the world remains at a level of 106 million. The annual turnover of bicycles is about 5 billion U.S. dollars.

According to the Outlook of China's Bicycle Manufacturing Industry, Production and Marketing Demand and Investment Prediction and Analysis Report issued by Qianxiang.com, the global bicycle manufacturing industry has shifted to the predominantly industrialized countries and regions in China in the past 15 years due to industrial characteristics and labor cost. . By 2013, China is still the largest bicycle production base of bicycles in the world. There are more than 500 manufacturing plants and more than 700 spare parts manufacturing plants in the world respectively. The major bases for the top five manufacturers in the world are in China. With the improvement of people's income in all countries in the world, the demand for bicycles in the world will further expand. With the further structural upgrading of bicycles, more profits will be brought to the participants in the industry and the development prospect of China's bicycle industry will be even greater broad.