For every 4 swimsuits sold globally, 1 comes from Xingcheng. Out of 100 swimsuits sold in Russia, 99 are produced in Xingcheng, "said Liu Jing, Deputy Secretary General of Xingcheng Swimsuit Industry Association. Xingcheng has gathered more than 4000 swimsuit production enterprises with an annual output value of over 15 billion yuan, accounting for more than 25% of the international market share. Xingcheng, located on the west coast of Liaodong Bay and bordered by the Bohai Sea in the southeast, is known as the "Chinese Swimsuit City". The development of Xingcheng swimwear industry, like Peng Jinxi's entrepreneurial time, can be traced back to the 1980s. At that time, Xingcheng built a large number of leisure resorts and sanatoriums, and with the influx of tourists, the demand for swimwear was increasing day by day.