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Electroacoustic musical instrument industry thrives in Tangwu, Weifang

2022/6/14 15:16:17   source:sdchina.com

Tangwu town in Weifang city, E China’s Shandong province is an important industrial base of electroacoustic musical instruments in China. Its instrument industrial park is rated as a key provincial cultural industrial park in Shandong.

With more than 80 musical instrument production and supporting enterprises, the town is engaged in the production of nearly 400 varieties of musical instruments such as electric guitar, acoustic guitar and electric bass, realizing an annual output of 2 million of musical instruments and 5 million sets of accessories. Among them, the output of electric guitar accounts for 36% of the nation, becoming an hidden champion of the electric guitar production industry.

More than 8,000 citizens are employed in the musical instrument industry in Tangwu, and the average monthly income of the employees is more than 9,000 yuan. 

In recent years, though affected by the COVID-19, the musical instrument industry has achieved positive development against the trend in Tangwu. More than 80% of its musical instruments has been exported. In 2020 and 2021, the number of foreign orders has reached the highest point in history and maintained stable growth. The total export of musical instruments in Tangwu has increased by 30% year-on-year, reaching more than 1.3 million annually.

Tangwu vigorously develops the cross-border e-commerce business and its annual turnover exceeds 360 million yuan. At the same time, enterprises increase investment in research and development of their own brands, enhance brand awareness and core competitiveness to seize the international market.

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