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BRIEF INTRODUCTION
Located in the center of Zhejiang Province, Yongkang is the core and leader of the only "cross-industry, cross-regional" Yongwu Jin hardware industry cluster in the province, the axis of wealth that drives the development of the central Zhejiang region. Yongkang has also gradually formed an economic circle of "The Three 100 billion": the industrial output value exceeding 100 billion yuan, with Yongkang as its core. The 100 billion yuan cluster area surrounding the districts of Yong Wu Yi and Jin; 100,000 entrepreneurs from Yongkang have created 100 billion yuan of economic value in the world.
"Yongkang's strength lies in its industry, its features in the hardware, its advantage lies in the private sector, its vitality lies in the open market, and its stamina in science and technology'": these 5 sentences fully summarize the development pattern of Yongkang's economy, and also point out the potential of Yongkang to "build the world's hardware capital". By firmly believing that "Everyone is a business environment, and everything is related to its business environment", Yongkang is unleashing the potential of its system and mechanisms, gathering both "the sunshine and the rain" of multiple elements such as platforms, talents, and funds, to nurture the lush "industrial rain forest" of the hardware capital.
The industrial economic development of Yongkang has gone through the stages of original accumulation, wavy economy and transformation, and has initially formed a modern industrial system pattern characterized by obvious advantages of hardware industry, rich and diversified industrial ecology and strong free entrepreneurial atmosphere that led to the creation of its pillar industries: Cupware, Power tools, Kitchenware, Architectural hardware, Home appliances, Fitness equipment, Automotive industry, Outdoor leisure products, Homeware, Healthcare equipment and other key industries that have now achieved leading roles in the country and even the world.
CUPWARE
The city has more than 2000 enterprises creating thermal insulation items, with an annual output of 600 million cups and pots, and an annual output value of more than 15 billion yuan, accounting for 80% of the annual output and 90% of the export volume of the country. At present, Yongkang city accounts for 4 of the top 10 thermal insulation cup brands in China. Yongkang has become the region with the most production enterprises, the most complete industrial chain, the most complete products and the fastest industry development in China.
POWER TOOLS
There are more than 1,700 enterprises engaged in the electric (garden) tool industry in the city, accounting for 69% of Jinhua’s area, with 22 high-tech enterprises, 3 provincial-level enterprise technology centers, and 12 provincial-level high-tech enterprise R&D centers, 14 Jinhua high-tech R&D centers.
KITCHENWARE
Products’ range covers pots, knives, kitchenware and so on. In the health cooker industry, Yongkang has leading technology research and development advantages, health-preserving selenium iron pot under a national invention patent, as well as a series of healthy cooking utensils such as the “Chinese Maifan stone” non-stick pot and the original iron ore cast iron pot.
ARCHITECTURAL HARDWARE
Products cover fire doors, security doors, smart locks and other fields. Yongkang has an annual output of more than 37 million sets of fire doors and security doors, and exports more than 3 million sets, accounting for more than 80% of the country's output value of more than 20 billion yuan, accounting for more than two-thirds of the country's exports. Eight of the top ten door brands in the country are in Yongkang. Yongkang has more than 650 categories of production enterprises, more than 1,500 related supporting enterprises, and nearly 150,000 employees.
HOME APPLIANCES
Household electrical appliances have become an important part of Yongkang's modern hardware system, and further develop to the direction of digitalization and smartification. The city has 26 high-tech enterprises of electric appliances and kitchenware, 4 provincial enterprise technology centers, 7 provincial high-tech enterprise RESEARCH and development centers, 3 provincial enterprise research institutes, and 3 post-doctoral and academician workstations. The number of employees exceeds 12,000.
FITNESS EQUIPMENT
Yongkang fitness equipment products cover treadmills, rowing machines, spinning bikes, elliptical machines, etc., driven by accelerated development and innovation, continuously increasing the technological content, and added value of products, leading the development trend of the industry, and becoming a new growth point of Yongkang manufacturing industry.
AUTOMOTIVE INDUSTRY
Products cover scooters, electric bikes, recreational vehicles, and other fields. Among them, the city has more than 850 leisure vehicle production enterprises, more than 35,000 employees, industry output value of more than 15 billion yuan, accounting for more than 40% of the national total output, with an export volume of about 45% of the country’s total.
OUTDOOR LEISURE
Yongkang outdoor leisure industry products cover tents, beach chairs, barbecue grills and other fields. With the repeated epidemics and prolonged stay at home, people's demand for outdoor activities has become stronger and stronger. The outdoor leisure industry has a huge user group and market base, and the export volume is growing rapidly.
HOMEWARE
Yongkang's household products have been widely praised for their elegant style and excellent service through continuous improvement of good quality and have won the favor of a large number of foreign household product importers. The products’ range includes mops, storage boxes, shoe cabinets and other fields.
HEALTHCARE INSTRUMENTS
Products include wheelchairs, massage chairs, fascia guns, etc. Among them, the fascia gun is a new category that has emerged in recent years, and Yongkang has become the world's largest fascia gun industry belt. According to statistics, there are more than 2,000 enterprises producing and selling fascia guns in Yongkang, and more than 1,000 pure production enterprises.