Chinese electric two-wheelers gain popularity overseas amid soaring fuel costs

Chinese electric two-wheelers are gaining popularity in overseas markets amid rising international oil prices driven by geopolitical conflicts.

An electric bicycle company in Jinhua City, east China's Zhejiang Province, is racing against time to fulfill export orders.

"Recently, order volumes have increased significantly. In March alone, we exported more than 6,000 electric bicycles, and in April, we will ship over 7,000 units. Our production orders have already been scheduled through July," said Liu Du, deputy manager of the company.

A person in charge of an electric motorcycle company in Jiangmen City, south China's Guangdong Province, said its inventory in the Southeast Asian market is nearly sold out and requires urgent replenishment.

"Since March, due to rising oil prices, our products have become very popular with consumers. Currently, the entire product line is out of stock in the (Southeast Asian) market," said Deng Zanchang, deputy manager of the company.

Many other electric motorcycle companies in the city reported that since early March, continuously surging oil prices have driven up both inquiries and exports of electric motorcycles.

"Since March, the order demand for our electric motorcycles has increased significantly, up by 30 percent compared with the same period last year," said Zhang Linqing, manager of the international trade department of a local electric motorcycle company.

"In March this year, production enterprises in Jiangmen exported electric bicycles, motorcycles, and spare parts valued at more than 25 million yuan (about 3.6 million U.S. dollars), a year-on-year increase of 1.4 times," said Li Wen, head of the supervision section of Gaosha Customs.

The ongoing U.S.-Israel attacks on Iran and its retaliation have triggered a shortage of liquefied petroleum gas in many countries because of the reduction of sea traffic through the key oil shipping route, the Strait of Hormuz.

The closure of the sea route has already sent global oil prices soaring.

Chinese electric two-wheelers gain popularity overseas amid soaring fuel costs

Chinese electric two-wheelers gain popularity overseas amid soaring fuel costs

As of 19:49 on Monday, China's total box office revenue for the Qingming Festival holiday had surpassed 300 million yuan (about 43.6 million U.S. dollars), according to data from online platforms.

The holiday lineup features animation, family, suspense, and other genres, with "The Super Mario Galaxy Movie", "Project Hail Mary", "It's OK", and "Now I Met Her" leading the tally.

The Qingming Festival is a traditional Chinese holiday that falls on the 15th day after the Spring Equinox, and China's three-day Qingming Festival holiday started on Saturday this year. While it is a time to enjoy the greenery of springtime and to visit the graves of ancestors, the holiday has also become a busy period for cultural and tourism activities in China, including visits to the cinema.

Cinemas in Beijing's Chaoyang District, as one of the first pilot areas for China's "movie plus" initiative, are actively exploring the "ticket stub economy," allowing moviegoers to present their ticket stubs from cinemas to receive discounts and added services in subsequent consumption scenarios.

In Xi'an City, northwest China's Shaanxi Province, the Xi'an Film Studio Experience Center for Arts of Film integrates film history with tourism, immersing visitors in the glory of classic movies.

"The exhibition gave me a systematic understanding of the historical development of Chinese film industry, allowing me to follow the footsteps of films to learn new things. I harvested both happiness and novel knowledge," said Qiu Keyu, a tourist.

The XR cinema in the park immerses visitors in film scenes.

"After putting on the XR device, I felt completely immersed - it was quite exciting," said Liu Bin, a moviegoer.

Qingming holiday box office hits 300 mln yuan