Mechanical Market in Wenzhou, Zhejiang

Regional Distribution: In Longwan Town, Longwan District, there is the Longwan Second-hand Machinery Equipment Market, which is a relatively large second-hand machinery equipment trading market in East China. Ruian City is one of the three major bases for printing and packaging machinery in the country and has numerous machinery manufacturing enterprises.

Market Scale: The Longwan Second-hand Machinery Equipment Market covers an area of about 600 mu, with more than 1,000 merchants, and its annual transaction volume exceeds 10 billion yuan. In Ruian City, the total output value of four types of packaging machinery, including printing, pharmaceutical, plastic, and food packaging machinery, reached over 1.5 billion yuan in 2010. As of the end of 2009, there were more than 1,400 machinery production enterprises in the city, with about 50,000 employees. In 2010, the total industrial output value of the industry reached 28 billion yuan.

Business Categories: The business scope of the Longwan Second-hand Machinery Equipment Market covers multiple fields such as machinery processing equipment, machine tool equipment, hydraulic equipment, electrical equipment, and agricultural machinery, among which machine tool equipment is the core category. The machinery industry in Ruian City covers 14 product categories, including motor commutators, casting and forging parts, fasteners, instrument valves, special pumps, construction machinery, electric hoists, financial appliances, shipbuilding and repair, and enameled wires.

Characteristic Advantages: The Longwan Second-hand Machinery Equipment Market has a good trading environment and complete supporting facilities, including service facilities such as banks, logistics, and catering. It also implements unified management and has formulated a complete trading rules and quality assurance system. The industrial chain of professional division of labor in raw materials, processing, and assembly in the machinery industry of Ruian City is gradually improving, forming a number of characteristic and advantageous products with strong competitiveness and high market share, such as film blowing machines and aluminum-plastic packaging machines. Moreover, the brand building and technological innovation capabilities are significantly enhanced.