60% of the world's small household appliances come from here. How can this small city "use small to expand big"? "Cixi's entrepreneurial spirit is very similar to Wenzhou's model," says Xu Jianfeng, director of the Institute of Economics of the Zhejiang Academy of Social Sciences.
Cixi has more than 2,000 complete home appliance companies and nearly 10,000 supporting companies in the city. The city's home appliance exports reached 26.13 billion yuan, accounting for 32.6% of city's total exports.