Toymaking hub takes huge innovation strides for growth

The article pointed out that according to the statistics of the Chenghai Toy Industry Association, since the 1980s, there have been 16,410 registered toy companies in Chenghai District, and the industrial output value in 2019 reached 58 billion yuan, accounting for 21.8% of the total toy companies in the country.

According to local government statistics, driven by the toy industry, Shantou's economy grew at an average annual rate of 12.5% from 1980 to 2019. In 2019, Shantou's GDP reached 269.41 billion yuan.

Chenghai District Bureau of Industry and Information Technology said that at present, more and more local toy manufacturers have overcome the adverse effects of the epidemic and fully resumed production.


Post time: Aug-16-2022