With the rapid development of China's national economy and the acceleration of urbanization, the state attaches importance to the development of the cultural and sports industry, and introduces various policies and measures to support the development of the cultural and sports industry. The Chinese musical instrument manufacturing industry is one of the more important sunrise industries in the cultural and sports industry. It has also achieved good development opportunities.
The Chinese musical instrument manufacturing industry has basically formed a relatively complete industrial production system. It can basically process all types of musical instruments in the world. It has a complete range of products, and there are more than 1200 models with more than 30,000 specifications.
The product has formed a professional production pattern, and professional processing factories for piano components such as piano iron plates, soundboards, action machines, and outer casings have begun to form scale.
As of December 2010, there were 319 enterprises above designated size in the Chinese musical instrument industry, with total assets of 15.23 billion yuan, industrial sales value reached 19.331 billion yuan, profits of 1.011 billion yuan, and 69,385 employees. Among them, Guangdong Province is the largest province in China's musical instrument industry. The sales value of the musical instrument industry at the end of the "11th Five-Year Plan" reached 5.231 billion yuan, nearly doubled compared with the end of the "10th Five-Year Plan" period.