Big Tree Group, Inc. (BIGG) Fulfills Chinese Consumer Demands for the Rapidly Growing DIY Toy Market
As of last year, the toy manufacturing industry in China generated $29.2 billion, up 8.5% from the prior year, and reflecting annualized growth of 10% over the past five years. The bulk of the toys are manufactured for export, with nearly 70% of all toys sold in the world manufactured in China. As Chinese household incomes increase and families choose to spend more on their children, domestic demand has been increasing 16.8% annually over the past five years. Based in Shantou City of the Guangdong province of the People’s Republic of China, Big Tree Group has structured itself as a…