A Study on the International Competitiveness of the Bicycle Industry in China, the United States and Europe

Abstract

Driven by the differentiated recovery of the global economy, the regionalization of supply chains, and the trends of health and low carbon, the bicycle industry has upgraded towards “sports and leisure + green travel + intelligent technology”, with segmented areas such as electric bicycles becoming growth engines. This paper adopts the International Market Share (IMS), Trade Competitiveness Index (TC), and Revealed Comparative Advantage Index (RCA) to conduct a quantitative analysis of the international competitiveness of the bicycle industry in China, the United States, and the European Union. The results show that although China’s IMS, TC, and RCA have declined in recent years, it still takes the lead globally and maintains strong international competitiveness; the United States’ indicators show small fluctuations and a steady upward trend, while the European Union’s indicators have larger fluctuations but achieved significant growth, and both have taken over part of China's market share. Meanwhile, enterprises represented by Giant Machinery have enhanced their international competitiveness through the layout of global production and sales.