China possesses significant advantages in the watch industry chain. While China lags behind traditional watchmaking powers in terms of detail and craftsmanship in movement manufacturing, its technological capabilities are continuously improving. For example, the A581 mechanical watch produced by Shanghai Watch in 1958 was nearly as good as a Swiss Selca watch. In 2005, the Shanghai Tourbillon watch debuted at the Baselworld Watch Fair in Switzerland, demonstrating the strength of Chinese movement manufacturing. Furthermore, China offers high-quality supply of essential components and exterior parts for watches. For example, Hengli Company in Zhangzhou, Fujian, leverages its fashionable design philosophy and exquisite watchmaking craftsmanship to create a line of affordable luxury quartz women’s and sports watches, which are popular in over 60 countries and regions. A comprehensive industrial chain gives Chinese watchmakers advantages in cost control and product diversification, enabling them to quickly respond to market demand and providing strong support for exports.
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