Development
The manufacturers of this association include the manufacturing of toys, electrical appliances, and household products. In the 1960s and 1970s, Hong Kong's plastics industry successfully explored overseas markets and successively created the miracles of the 'Plastic Flower Kingdom' and the 'Toy Kingdom', becoming a well-deserved player in Hong Kong's economic development. The trailblazer.
In the early 1980s, during China's reform and opening up, manufacturers in the industry took the lead in processing trade and invested in the Shenzhen Special Economic Zone. As a foresight, the Hong Kong plastics industry has achieved brilliant results in decades. With Hong Kong capital as the vanguard and main force, Foreign-funded enterprises have injected huge amounts of capital and introduced advanced technology in Shenzhen and the Pearl River Delta. After 20 years of hard work, they have established a large and complete production base and upstream and downstream service networks.
China's abundant and cheap land and human resources have given Hong Kong's plastic manufacturing industry a broad scope for development. In response to the rapid advancement of science and technology, the products of manufacturers in this industry now include a wide variety of toys, games, and electrical appliances that contain high-tech components. , optical equipment; various artificial flowers, home accessories, stationery and gifts that use advanced technical materials and designs, are sold overseas, dominate the European and American markets, and are even used in space exploration. The business scope of the manufacturer has also evolved from simple processing and production in the early days. It has developed into international trade including production and sales, and even expanded to host international exhibitions of toys, electrical appliances and household products, forming a new pattern of high technology, high value-added, diversification and internationalization.
