Chinese Market

ToAttendWTOInfluencesonChina'sShoeIndustryAccordingtostatisticsfromChinaLeatherIfldustryAss0ciation,in1997China'sleatherindustrymade1OOmilli0npieces0fhide,2.47billionpairsofleathershoesand79.38millionleathergarments,earningf0reignexchangeofUS$9.95billion,firstinlightindustryButthechiefforms0fmanagementremaintraditionalsmallhand-makingindustrymanagementandh0useholdmanagement,andthereisalackofcreativityinthedesignmeth0d.Basica1lysmallfactoriesfOllowlargefactories,andthelatterfOllowoverse…     

China Market

TireWar"TherapidlygrowingautoindustryandtheconstantextensionoftheexpresswaysinChinaprovidedmuchscopeforthetiremarket,andthepreludetoa"tirewar"hasstarted.MultinationalsWrestlinginChinaChinahasseena5%annualgrowthinautooutputsince1993,andnearly15%forcars.In1998,outputwasupto2million;fortires,86millionsets,willbeproduced,44.5millionsetsindemand,accordingtoapredictionbytheagency.Accompanyingtherapiddevelopmentofautoproductionandconsumptionistheboomingconstuctionofexpresswaysandexpresstransport.T…     

Industries Market

PromisingSalesVolumeforFarmingMachineryAccordingtoaforecastbytheChinaFarmingMachineryCorporation,eventhoughChina'sproductionoffarmingmachinerywillnotincreasegreatlyin1999,themachineryforwaterconservancyandinfrastructureconstructionwillbefurtherexpanded,witnessingrisingmomentum.Inparticular,farmingmachinery,transportmachinery,smallconstructionmachinery,tractors,combinedriceandmaizeharvesterswillfaceapromisingmarket.China'ssownareaofmaizeis23millionhectares,neXtonlytoriceandwheat.Itispredict…     

China's Timepiece Market

As one of the world's major watch producers, China's timepiece production ranks fourth after Japan, Hongkong and Switzerland. China is also one of the world's largest timepiece consumer markets. In the years to come, it is predicted that the sales volume of watches will reach 50 million pieces, and that of     

China's Futures Market

Since the 1990s, futures trading with its particular economic form and functions, has interested domestic enterprises. To support the development of the futures market in a standard way, the State Council has authorized the State Supervisory and Administrative Commission for Securities Trading to     

China's Steel Market

1. Exuberant supply and demand dominated the first half of 1993, but levelled out in the second half. In 1993, China's steel production had sustained growth, with an output of 88.68 million tons of steel, 9.56 percent increase over 1992, and 76 million tons of steel products, 13.58 percent up on the year     

Glasses Market Trends

In recent years, sales on China's glasses market have witnessed an upsurge, with more and more eyeglass shops in large cities; especially high are sales of sunglasses. In the summer of 1997, sunglasses shops could be found everywhere in large cities, with varieties increasing from 30 last year to more than 100. High grade sunglasses are dominated by imported products, with fashionable ones almost similar to those     

China Market Information

DemandForHighQualityCarsIncreasesInrecentyears,thedomesticcarmarkethasseensteadygrowth,withanincreasingnumberofprivatecarowners.Accordingtostatistics,thereareupto4millionprivatecarsinChina,accountingforabout30%ofthetotalnumber.Atthesametime,privatecarbuyershavebeenmoreconcernedabouttheoverallandsafetyperformanceofsedancarsthanthepriceoverthepastfewyears.Inparticular,insomelargecities,strictstandardshavebeenadoptedtocontroltailgasemissions,increasingcustomers'requirementsonthetechnicallevelo…     

China Market Information

LinYincai,chairmanoftheAssociationforTechnologytoPreventandControlPOllutionbytheChemicalIndustryinChina,andformerVice-ministeroftheChemicalIndustry,disclosedthatChinaisnowpayingmoreattentiontoenvironmentalprotectionthanatanyothertime.TheprospectsforChina'senvironmental-protectionmarket,especiallytheprospectsforthechemicalenvironmental-protectionmarket,arebroad,andChinahopestostrengthenitscooperationwithforeigncompaniesineveryaspectofchemicalenvironmentalprotection.Thenumbersshowthatindus…     

China's Shipping Market

Since the New China, the nation's ports have been under the centralized control and development program of the Ministry of Traffic, with a separate shipping line. With the growth of the national economy and foreign trade after reform and opening to the outside world, it has become more evident that construction of coastal ports has lagged behind. To catch up, China is opening its     

China's Securities Market

At a time when the Chinese economy has experienced a rapid development in the past 14 years, China's securities market came into being and grew with the deepening economic reform. Recently, Prof. Liu Hongru,Chairman of the China Securities Supervision Commission, gave a detailed account of the existing situation and     

China''''s Insurance Market

China's insurance industry has takenshape after its development over morethan 20 years. So far, there are 13 domestic insurance companies in the country. There are also 20 foreign-fundedinsurance corporations including 7 Sinoforeign joint ventures, and 13 branchesof foreign-funded corporations. Morecompanies are planned to be set up soon.Most of the existing foreign insurancecompanies are established in Shanghai,with three in Guangzhou and two inShenzhen. Obviously the developmentof the insu…     

The Chinese Market

AgriculturalMachineryMarketTheAgriculturalmachineryindustryisamajorbeneficiaryoftheagriculture-orientedpolicy.Thedevelopmentofagriculturalinfrastructureconstructionandwaterconservancyengineeringconstructionwillincreasetheneedforagriculturalmachineryin1999,itisestimated,therewillbeaneedof80,000largetractors,up14percent,2millionsmalltractors,up11percent,2.8millionagriculturaltransportvehicles,up10percent,35,000combines,sameaslastyeas,100millionkwagriculturalinternalcombustionengines,up15percent…     

China's Aviation Market

In the excellent situation of reform, opening to the outside world, development and stability, the China civil aviation transport industry, which plays a leading role in the development of the national economy, is developing steadily. Its speed of development ranks first in the world and is the focus of world attention. In 1994, China's total air freight turnover reached 5.84 billion tons/km, an increase of 14 times compared with that of 1980, an     

Competitive Bicycle Market

Famous as the kingdom of bicycles, Chinese people possess 420 million bicycles in total by 1995, reaching the level of the industrially advanced countries in terms of per capita ownership. Bicycles are a main product in the light industry of China. According to officials from the China Bicycles     

China's Insurance Market

China's insurance system was introduced from abroad in the 19th century. Before the establishment of the People's Republic of China, only a few metropolises had insurance organizations, so China's insurance industry was under developed and economically backward. Soon after the founding of New China, the People's Insurance Company of China (PICC) was set up in October 1949. When     

China's Refrigerator Market

China's refrigerator industry developed at a rapid pace in the 1980s when the purchase of household electrical appliances was progressing the country. More than half of the refrigerator enterprises disappeared from the market in ten years of bitter competition. However, seven brands of refrigerators——Changling, Shangling, Rongsheng, Qindao, Meiling, Zhongyi and Shuanglu——have captured 90% of the market with their high quality products, after-sales service, new product development and financial viability. Between 1955 and 1977, China     

JapaneseBreweriesExploring theChinese Market

Inrecentyears,threeofJapan'smostfamousbeerbrewerieshavebuiltorexpandedbreweriesinChina,withanannualoutputofseveralhundredthousandtons,andoutputisgrowingeachyeaLBeerconsumptioninChinaoverrecentyearshasseenaverageannualgrowthof10percent,reachingannualconsumptionof20milliontons.FOllowingtheriseinincomeofChineseconsumers,salesofbeeronthemarketwillsurpassthoseoftheUSAwithinafewyears,makingChinathebiggestbeermarketintheworld.TOgrabashareofthismarket,inadditiontosomebigbeerbusinessesfromEuropean…     

The Chinese Market

ForeigninvestorsmakeagoodspeculationontherelishandadditivejpodmarketinchinaChina'sfoodindustryhasachievedagrowthof10percenteachyeal,andasaresulttherelishandadditivefoodmarkethasdrawnmanyforeigninvestorstocompete.NoW,manyforeigninvestorshavesetupwholl...