In the bustling county of Lipu, known as China's lesser-known "hanger capital," over 300 companies produce more than 4 billion hangers each year. Amid tariff barriers and shifting markets, this small city has embraced technological upgrades and market diversification to navigate global headwinds.
Manufacturers here are reducing reliance on traditional markets and investing in automation and in-house R&D. As Mao Huilin, a general manager in Lipu, explains, "Enterprises must always be prepared for risk." 🚀
Mo Peng adds, "After more than 30 years in the industry, companies in Lipu are at the front of the global hanger supply chain. Our trade ties remain so strong that challenges only reinforce our relationships." 💪
Lipu's journey is a story of persistence, adaptability, and innovation. It serves as a reminder that even amid global headwinds, with continuous effort and creative solutions, success is well within reach.
Reference(s):
Amid global headwinds, China's 'hanger capital' Lipu shows resilience
cgtn.com
