Motorcycle industry in China

[3] This profit increase was mainly attributed to technical improvement and higher added value on motorcycles despite the sales volume decreases suffered during industrial transformation in recent years.

China's domestic motorcycle sales reached a high of around 19,000,000 units in 2009 and then suffered gradual decreases for 4 consecutive years.

[6] Domestic sales decreased due to ban on motorcycles in urban centres, the national economic transformation and the rural market downturn.

Improved living standard in these areas in recent years has led to the replacement of motorcycles with mini-cars and e-bikes.

During the first 11 months of 2013 China exported 9,128,400 motorcycles totaling RMB 4,865 million at an average price of US$532.92 to 198 countries and regions.

China's leading motorcycle manufacturers include Jiangmen Dachangjiang Group (subsidiary of Haojue Holdings brand), Lifan, Loncin, Zongshen, Jialing, Jianshe, Qianjiang (who sold motorcycle with Keeway, QJmotor, Benelli and MBP Moto brands), Haojin, Shineray, Bashan, Jonway, Wuxi Futong, Kamax.

[11][12] Shineray recently leased Husqvarna's factory in Biandronno, Italy and acquired the rights to produce several of their models under the resurrected SWM brand.