As the "Fishing Gear Capital of China", nearly 60% of fishing gear is produced in Weihai worldwide. In recent years, Weihai has continued to deepen its cultivation of the fishing equipment market, promoting the upgrading of enterprises and assisting in the new development of the fishing equipment industry.
Weihai is one of the largest fishing gear production bases in China, with over 1400 fishing gear production and supporting enterprises. Its products are sold to more than 60 countries and regions including the United States, Japan, and Europe, accounting for over 60% of the global market share. Currently, it has formed a complete industrial chain development system with multiple factors such as raw materials, manufacturing equipment, e-commerce, and exhibition events. By 2024, the operating income of large-scale fishing gear enterprises in the city will exceed 3 billion yuan.
The Deputy Secretary of the Party Committee of Weihai Industrial and Information Technology Development Center stated in an interview, "We will increase the promotion and use of the collective trademark 'Weihai Fishing Gear', accelerate the construction of the fishing gear 'industrial brain', continuously improve the high-end, intelligent, and green development level of the fishing gear industry, help Weihai fishing gear enterprises expand their international markets, expand the influence of 'China Fishing Gear Capital', and contribute greater strength to the high-quality development of Weihai's economy.