Industry Development Of Ties

China has formed an internationally renowned tie design, production, production, sales base and industrial cluster. Many of the world's top brands are processed and produced in China. In the domestic market, the strongest tie brands are COVHERlab, Waldron, Babe/Pierre Cardin, Jinlilai and so on.
China's tie production base is concentrated in Shengzhou, Zhejiang, known as "China's famous tie city", and there are many family workshops, after more than 20 years of development. In 2007, the tie industry in Shengzhou City continued to grow vigorously. In the first half of 2007, the total industrial output value was 2.299 billion yuan, the product sales revenue was 2.196 billion yuan, the total profit was 153 million yuan, and the output was 112 million pieces, an increase of 25.1%, 23.1%, 35.0% and 28.1% respectively. The tax paid was 88.839 million yuan, a year-on-year increase of 3.7%.
Import and export trade. From January to December 2006, the number of ties and bow ties imported from China was 1,105,401.00 pieces/kg, and the foreign exchange was US$6,695,047.00. From January to December 2006, the number of ties and bow ties exported by China was 217,108,385.00 pieces/kg, earning foreign exchange of 327,850,343.00 US dollars. From January to November 2007, China imported 1,452,052.00 ties and bow ties, with foreign exchange of US$8,720,083.00. From January to November 2007, the number of ties and bow ties exported by China was 230,509,443.00 pieces/kg, and the amount of foreign exchange earned was 352,813,596.00 US dollars.