Sunday, June 3, 2012
2012 China Real Estate Industry Development Analysis and Forecast Report
2012 China Real Estate Industry Development Analysis and Forecast Report
[Report Title]: 2012 China Real Estate Industry Development Analysis and Forecast Report
[Keywords]: Real Estate
[Delivery]: EMAIL
INTRODUCTION:
The industry research report is an interpretation and forecasting of China real estate industry's present situation , designed to help the clients who have already get into or be about to get into China market to understand China real estate industry operation status , to make the right investment and management decisions.
The industry research report contains industry's fundamental conditions , integrated development environment , the industrial overall economic operation , main products' market supply and demand , the whole industry competition landscape , the industry chain and sub-industry, industry development trends, and so on.
The report based on the data and materials of National Bureau of statistics, the data of State Information Center , the data of industry associations, the data of General Administration of customs , the data of Ministry of Commerce and the data of other authoritative professional research institutions , combined with a lot of one hand survey data materials , it has great reference value for enterprises and investors.
[REPORT CONTENTS]
Chapter 1 Basic situation of real estate industry
Section 1 Definition of real estate industry
1. Industry's definition
2. Industry's classification
Section 2 Industry's position in the national economy
Section 3 PEST analysis of real estate industry
1. Economic environment analysis
2. Policy environment analysis
3. Social environment analysis
4. Technical environment analysis
Chapter 2 2010-2012 Overall economic operation of real estate industry
Section 1 Overall situation of production
Section 2 Overall situation of sales
Section 3 Overall price trends
Section 4 Overall operating condition
Section 5 Overall situation of import and export
Section 6 Investment in fixed assets
Section 7 Brief situation of raw material market operation
Section 8 The domestic enterprises' business status and entrepreneur information index
Chapter 3 Analysis of mainly real estate products' market supply and demand
Section 1 Production situation of main products
Section 2 Production situation of the key manufacturers of real estate
Section 3 Sales situation of main products
Section 4 Business condition of main enterprises
Chapter 4 2012 Competition situation analysis of real estate industry
Section 1 Analysis of the entry barriers and exit barriers of real estate industry
Section 2 Market concentration analysis of real estate industry
Section 3 Analysis of regional competition pattern of real estate industry
Section 4 2012 Key enterprises analysis of real estate industry
1. 2012 Integrated ranking and each index ranking of listed companies in the industry.
(1) Ranking of total assets
(2) Ranking of main business income
(3) Ranking of net profit
(4) Ranking of net profit's growth rate
(5) Integrated ranking
2. Introduction of key enterprises
(1) Enterprise A
(2) Enterprise B
(3) Enterprise C
...
Chapter 5 2012 Analysis of industry chain and sub-industry development of real estate industry
Section 1 Industry chain analysis of real estate industry
1. Analysis of upstream industry
2. Analysis of downstream industry
Section 2 Development analysis of sub-industries of real estate industry
1. Development analysis of sub-industry A
2. Development analysis of sub-industry B
3. Development analysis of sub-industry C
4. Development analysis of sub-industry D
...
Chapter 6 Development trends forecast of real estate industry
Section 1 Trends forecast of policy change
Section 2 Trends forecast of cost and price
Section 3 Trends forecast of supply and demand
1. Supply forecasting
2. Demand forecasting
Section 4 Prediction of the trends of import and export
1. Prediction of total import volume and export volume
2. Import forecast
3. Export forecast
Section 5 Trends forecast of technology and product development
Section 6 Trends forecast of regional development
Charts:
Chart Classification of real estate industry
Chart real estate industry's output value proportion in GDP recent years
Chart 2008-2012 China GDP and the cumulative growth
Chart Recent related industrial policies of real estate industry
Chart 2008-2012 Industry scale index of real estate
Chart 2008-2012 Product yield of real estate
Chart 2012 Quarterly price changes of real estate main products
Chart 2008-2012 Investment in fixed assets of real estate industry
Chart 2008-2012 Output value of real estate industry
Chart 2008-2012 Sales revenue analysis of real estate industry
Chart 2008-2012 Production and marketing rate of real estate industry
Chart 2012 Investment structure diagram of real estate industry
Chart 2008-2012 Output value concentration of China real estate industry
Chart 2008-2012 Sales income concentration of China real estate industry
Chart 2010 Product structure's ratio map of China real estate industry
Chart 2008-2012 Total asset concentration of China real estate industry
Chart 2008-2012 Total profit concentration of China real estate industry
...
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2012 China Luxury Goods Market Depth Survey Report
2012 China Luxury Goods Market Depth Survey Report
[Report Title]: 2012 China Luxury Goods Market Depth Survey Report
[Keywords]: Luxury Goods
[Delivery]: EMAIL
INTRODUCTION:
The "2012 China luxury goods Market Survey Research Report" is an interpretation and prediction of current market situation of luxury goods in China . It is designed to help enterprises and investors who have entered or are going to enter the Chinese market to grasp the in-depth current market situation . It could help the clients to make the right investment and management decisions.
The "2012 China luxury goods Market Survey Research Report" covers the basic situation of market , the external development environment , production and marketing, import and export, key production enterprises , regional development, consumer research, market forecasting, etc.
CHINACIR's China market survey research reports based on the data and materials of National Bureau of statistics , State Information Center, industry associations , the General Administration of Customs , the Ministry of Commerce and other authoritative professional research institutions , combined with a lot of one hand survey data materials . The report contains great reference value for foreign enterprises and investors.
[REPORT CONTENTS]
Chapter 1 Overview of China luxury goods market
Section 1 Related concepts of luxury goods
1. Brief introduction of luxury goods
2. The classification of luxury goods
3. Quality index of luxury goods
Section 2 Main functions and applications of luxury goods
Section 3 Main technology analysis of luxury goods
1. Overview of luxury goods production technology
2. Introduction of the main production technology of luxury goods
Chapter 2 2010-2012 China development environment analysis of luxury goods
Section 1 2010-2012 China economic environment analysis
1. Macro economic
2. Industry status
3. Fixed assets investment
Section 2 2010-2012 Policy environment analysis of China luxury goods industry's development
1. Analysis of policy impact of the industry
2. Analysis of the relevant industry standards
Section 3 2010-2016 Industry social environment analysis of China luxury goods development
Chapter 3 2010-2012 China luxury goods market analysis
Section 1 2010-2012 Operation status analysis of China luxury goods market
1. Production status analysis of domestic luxury goods
2. Market demand analysis of domestic luxury goods
3. Market price analysis of domestic luxury goods
4. Market capacity/scale analysis of China luxury goods
Section 2 2010-2012 Market development status analysis of China luxury goods industry
1. Current situation of domestic luxury goods industry
2. Influence factors analysis of China luxury goods industry
3. The domestic luxury goods industry's problems
Section 3 2010-2012 Development countermeasures analysis of China luxury goods market
Chapter 4 2008-2012 China import and export data monitoring analysis of luxury goods
Section 1 2008-2012 China import data analysis of luxury goods
1. Import quantity analysis
2. Import amount analysis
Section 2 2008-2012 China export data analysis of luxury goods
1. Export quantity analysis
2. Export amount analysis
Section 3 2008-2012 Average unit price analysis of the import and export of China luxury goods
Section 4 2008-2012 Countries and regions' analysis of China import and export of luxury goods
Chapter 5 China regional market analysis of luxury goods
Section 1 North China market
1. Regional production status
2. Demand condition
3. Landscapes of regional competition
Section 2 Mid-south market
1. Regional production status
2. Demand condition
3. Landscapes of regional competition
Section 3 East China market
1. Regional production status
2. Demand condition
3. Landscapes of regional competition
Section 4 The Northeast market
1. Regional production status
2. Demand condition
3. Landscapes of regional competition
Section 5 Southwest market
1. Regional production status
2. Demand condition
3. Landscapes of regional competition
Chapter 6 Market research and analysis of the users of luxury goods in China
Section 1 luxury goods users' cognition
Section 2 luxury goods users' concerned factors
1. Function
2. Quality
3. Price
4. Appearance
5. Services
Chapter 7 2010-2012 Competition pattern analysis of China luxury goods market
Section 1 2010-2012 Competition situation analysis of China luxury goods industry
1. Market competition degree analysis
2. Product price competition analysis of luxury goods
3. Technology competition analysis of luxury goods industry
4. Brand competition analysis of luxury goods industry
Section 2 Competition advantage and disadvantage analysis of luxury goods
Section 3 2010-2012 Industry concentration analysis of China luxury goods industry
1. Market concentration analysis
2. Regional concentration
Section 4 2010-2012 Enterprises' competitive strategy analysis of China luxury goods industry
Chapter 8 2010-2012 Key manufacturers analysis of China luxury goods industry
Section 1 Company A
1. Company's profile
2. Product composition
3. Production and sale statistics
4. Recent development planning
5. Products regional structure
Section 2 Company B
1. Company's profile
2. Product composition
3. Production and sale statistics
4. Recent development planning
5. Products regional structure
Section 3 Company C
1. Company's profile
2. Product composition
3. Production and sale statistics
4. Recent development planning
5. Regional structure of products
Section 4 Company D
1. Company's profile
2. Product composition
3. Production and sale statistics
4. Recent development planning
5. Products regional structure
Section 5 Company E
1. Company's profile
2. Product composition
3. Production and sale statistics
4. Recent development planning
5. Products regional structure
Chapter 9 2010-2012 Industry chain analysis of China luxury goods industry
Section 1 Upstream industry analysis
1. Upstream industry development status
2. Upstream industry development trends
3. Upstream influences of luxury goods industry.
Section 2 Downstream industry analysis
1. Downstream industry development status
2. Downstream industry development trends
3. Downstream influences of luxury goods industry.
Chapter 10 2012-2016 China luxury goods market development trends analysis
Section 1 2012-2016 China luxury goods development trends analysis
1. Technology development directions analysis of luxury goods
2. Industry prospect analysis of luxury goods industry
Section 2 2012-2016 Forecast analysis of China luxury goods market
1. Forecast analysis of market supply of luxury goods
2. Forecast analysis of the demands of luxury goods
3. Prediction of import and export of luxury goods
Section 3 2012-2016 Profit forecast analysis of China luxury goods industrial market
Chapter 11 2012-2016 Investment opportunities and risk analysis of China luxury goods industry
Section 1 2012-2016 Investment environment analysis of China luxury goods market
Section 2 2012-2016 Investment opportunity analysis of China luxury goods market
1. Regional investment analysis of luxury goods industry
2. Investment potential analysis of luxury goods industry
Section 3 2012-2016 Investment risk analysis of China luxury goods market
1. Market operation risk
2. The technical risk
3. Policy risk
4. Enter and exit risk
Charts:
Chart Classification of luxury goods
Chart China quality index of luxury goods
Chart Application field distribution of China luxury goods
Chart Mainstream production process of China luxury goods
Chart 2008-2011 China GDP growth statistics
Chart 2008-2011 Income growth statistics of chinese dwellers
Chart 2008-2011 Consumption statistics of China residents
Chart 2008-2011 China investment statistics of fixed assets
Chart 2007-2011 Review of related policies of luxury goods
Chart Related industry standards of China luxury goods products
Chart 2007-2012 Production and sales statistics of luxury goods
Chart 2007-2012 China luxury goods market size / scale statistics
Chart 2007-2012 China import quantity statistics of luxury goods
Chart 2007-2012 China import amount statistics of luxury goods
Chart 2007-2012 China export quantity statistics of luxury goods
...
http://www.chinacir.com/market/600300.shtml
Contact info:
Email: en@chinacir.com.cn
chinacirmo@gmail.com
Tel:+86-10-82250824
+86-10-82252636
MSN: chinacir2012@hotmail.com
2012 China Car Rental Industry Development Analysis and Forecast Report
2012 China Car Rental Industry Development Analysis and Forecast Report
[Report Title]: 2012 China Car Rental Industry Development Analysis and Forecast Report
[Keywords]: Car Rental
[Delivery]: EMAIL
INTRODUCTION:
The industry research report is an interpretation and forecasting of China car rental industry's present situation , designed to help the clients who have already get into or be about to get into China market to understand China car rental industry operation status , to make the right investment and management decisions.
The industry research report contains industry's fundamental conditions , integrated development environment , the industrial overall economic operation , main products' market supply and demand , the whole industry competition landscape , the industry chain and sub-industry, industry development trends, and so on.
The report based on the data and materials of National Bureau of statistics, the data of State Information Center , the data of industry associations, the data of General Administration of customs , the data of Ministry of Commerce and the data of other authoritative professional research institutions , combined with a lot of one hand survey data materials , it has great reference value for enterprises and investors.
[REPORT CONTENTS]
Chapter 1 Basic situation of car rental industry
Section 1 Definition of car rental industry
1. Industry's definition
2. Industry's classification
Section 2 Industry's position in the national economy
Section 3 PEST analysis of car rental industry
1. Economic environment analysis
2. Policy environment analysis
3. Social environment analysis
4. Technical environment analysis
Chapter 2 2010-2012 Overall economic operation of car rental industry
Section 1 Overall situation of production
Section 2 Overall situation of sales
Section 3 Overall price trends
Section 4 Overall operating condition
Section 5 Overall situation of import and export
Section 6 Investment in fixed assets
Section 7 Brief situation of raw material market operation
Section 8 The domestic enterprises' business status and entrepreneur information index
Chapter 3 Analysis of mainly car rental products' market supply and demand
Section 1 Production situation of main products
Section 2 Production situation of the key manufacturers of car rental
Section 3 Sales situation of main products
Section 4 Business condition of main enterprises
Chapter 4 2012 Competition situation analysis of car rental industry
Section 1 Analysis of the entry barriers and exit barriers of car rental industry
Section 2 Market concentration analysis of car rental industry
Section 3 Analysis of regional competition pattern of car rental industry
Section 4 2012 Key enterprises analysis of car rental industry
1. 2012 Integrated ranking and each index ranking of listed companies in the industry.
(1) Ranking of total assets
(2) Ranking of main business income
(3) Ranking of net profit
(4) Ranking of net profit's growth rate
(5) Integrated ranking
2. Introduction of key enterprises
(1) Enterprise A
(2) Enterprise B
(3) Enterprise C
...
Chapter 5 2012 Analysis of industry chain and sub-industry development of car rental industry
Section 1 Industry chain analysis of car rental industry
1. Analysis of upstream industry
2. Analysis of downstream industry
Section 2 Development analysis of sub-industries of car rental industry
1. Development analysis of sub-industry A
2. Development analysis of sub-industry B
3. Development analysis of sub-industry C
4. Development analysis of sub-industry D
...
Chapter 6 Development trends forecast of car rental industry
Section 1 Trends forecast of policy change
Section 2 Trends forecast of cost and price
Section 3 Trends forecast of supply and demand
1. Supply forecasting
2. Demand forecasting
Section 4 Prediction of the trends of import and export
1. Prediction of total import volume and export volume
2. Import forecast
3. Export forecast
Section 5 Trends forecast of technology and product development
Section 6 Trends forecast of regional development
Charts:
Chart Classification of car rental industry
Chart car rental industry's output value proportion in GDP recent years
Chart 2008-2012 China GDP and the cumulative growth
Chart Recent related industrial policies of car rental industry
Chart 2008-2012 Industry scale index of car rental
Chart 2008-2012 Product yield of car rental
Chart 2012 Quarterly price changes of car rental main products
Chart 2008-2012 Investment in fixed assets of car rental industry
Chart 2008-2012 Output value of car rental industry
Chart 2008-2012 Sales revenue analysis of car rental industry
Chart 2008-2012 Production and marketing rate of car rental industry
Chart 2012 Investment structure diagram of car rental industry
Chart 2008-2012 Output value concentration of China car rental industry
Chart 2008-2012 Sales income concentration of China car rental industry
Chart 2010 Product structure's ratio map of China car rental industry
Chart 2008-2012 Total asset concentration of China car rental industry
Chart 2008-2012 Total profit concentration of China car rental industry
...
http://www.chinacir.com/industry/1600586.shtml
Contact info:
Email: en@chinacir.com.cn
chinacirmo@gmail.com
Tel:+86-10-82250824
+86-10-82252636
MSN: chinacir2012@hotmail.com
Wednesday, May 30, 2012
China's Economy
China's economy held the line on growth in 1999, mainly with
government assistance, as the economy continues to suffer from the
effects of massive, and accelerating, restructuring. The coming year
could see some improvement, though the economy is likely to remain under
stress as the restructuring intensifies over the next three to five
years.
Large-scale job loss and gluts of consumer goods are still dampening demand, but deflation has begun to flatten out. Recovery in the rest of Asia helped keep exports strong, though foreign investment dipped (see Trade and Foreign Direct Investment).
China's preparations to enter the World Trade Organization (WTO) will accelerate the pace of the toughest reforms yet in agriculture, the state-owned sector, and banking, among others. Economic performance depends in large part on how well China implements these reforms and on non-state sector growth. Foreign firms are also likely to see these reforms as crucial, as WTO implementation is deeply entwined with these issues.
OVERALL ECONOMIC PERFORMANCE IN 1999
GDP China's GDP grew slightly more than 7 percent in 1999, thanks only to the government's ongoing stimulus program. With other Asian countries recovering, China's probable WTO accession this year, and a new drive to boost the private sector, however, both the Chinese government and outside analysts predict slightly stronger growth-around 7.5 percent-in 2000.
Investment Investment in fixed assets rose 7.8 percent in 1999, and is expected to increase by another 7.8 percent in 2000. Much of the investment came from the government's stimulus plan.
Prices Consumer and retail prices fell throughout 1999. Overcapacity in many industries was chiefly responsible for the 27-month deflation, but slack demand caused by consumer worry about job security and education and health costs also played a role. Many economists believe that the worst is past, and that deflation will wane in 2000.
Monetary policy China's impressive money-supply growth rates continued in 1999. Deflation-fighting efforts included the issuance of more than *200 billion ($24.16 billion) in new currency last year; the institution in November of a tax on individual savings deposits; and another round of interest rate cuts. The government also increased its reliance on open-market operations in 1999, after suspending operations through mid-1998. This could be the year Beijing further relaxes its control over loan interest rates.
Financial reforms China stepped up the pace of financial reform in 1999 and this pace is likely to continue in 2000. A few of the more high-profile moves included: establishing asset-management companies to relieve the four state banks of their bad loans; slightly loosening restrictions on foreign participation in commercial banking; granting domestic insurance firms the ability to invest in closed-end securities funds; and expanding the number of listed investment funds.
The government's budget woes Government revenue, while rising of late, is still falling far short of the budget's requirements. Though the State Administration of Taxation reported that total revenue was up 13.4 percent in 1999, tax evasion remains a serious problem. The government has already issued billions of RMB in Treasury bonds both to help recapitalize the ailing banks and to stimulate the suffering economy, and more such outlays will be necessary before either recovers.
Foreign currency and the value of the RMB China's foreign-currency reserves reached $154.68 billion at the end of 1999, up 6.7 percent. Most analysts expect that the RMB's value will remain relatively stable this year.
Agriculture Falling agricultural prices, due to bumper harvests, were responsible for the small rise in rural incomes of only 4 percent in 1999. This was less than half of the average urban income, which rose more than 9 percent. Rural poverty is likely to be exacerbated when China joins the WTO-an additional 9.6 million farm workers are expected to lose their jobs as a result of China opening its agricultural markets.
SOE reform With many of the smaller and more inefficient SOEs already closed, the government now has to tackle the behemoths, the country's largest employers. The number of laid-off SOE workers is expected to hit 12 million this year.
The non-state sector China has made several moves to encourage the non-state sector in recent months. As China prepares to enter the WTO, private firms may gain more opportunities to participate in the capital markets. Parts of the service sector may also be deregulated.
Employment In 1999, urban registered unemployment was 3.1 percent. Official unemployment figures do not include the rural population, the floating population, or the millions who are technically unemployed, but still on SOE payrolls. Independent analysts estimate that when these populations are included, China's unemployment rate reaches double digits.
SCENARIOS FOR 2000
WTO preparations aside, the PRC economy is facing several years of high unemployment, stubborn overcapacity, industrial and agricultural restructuring, and slower growth than that of the early 1990s. The prospect of WTO membership gives the country's leaders an added impetus to implement reforms. Implementation will be difficult, and will almost certainly meet resistance, especially at the local level. Nevertheless, reform will progress, if slowly, and China will continue on its path to full integration with the world economy.
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Large-scale job loss and gluts of consumer goods are still dampening demand, but deflation has begun to flatten out. Recovery in the rest of Asia helped keep exports strong, though foreign investment dipped (see Trade and Foreign Direct Investment).
China's preparations to enter the World Trade Organization (WTO) will accelerate the pace of the toughest reforms yet in agriculture, the state-owned sector, and banking, among others. Economic performance depends in large part on how well China implements these reforms and on non-state sector growth. Foreign firms are also likely to see these reforms as crucial, as WTO implementation is deeply entwined with these issues.
OVERALL ECONOMIC PERFORMANCE IN 1999
GDP China's GDP grew slightly more than 7 percent in 1999, thanks only to the government's ongoing stimulus program. With other Asian countries recovering, China's probable WTO accession this year, and a new drive to boost the private sector, however, both the Chinese government and outside analysts predict slightly stronger growth-around 7.5 percent-in 2000.
Investment Investment in fixed assets rose 7.8 percent in 1999, and is expected to increase by another 7.8 percent in 2000. Much of the investment came from the government's stimulus plan.
Prices Consumer and retail prices fell throughout 1999. Overcapacity in many industries was chiefly responsible for the 27-month deflation, but slack demand caused by consumer worry about job security and education and health costs also played a role. Many economists believe that the worst is past, and that deflation will wane in 2000.
Monetary policy China's impressive money-supply growth rates continued in 1999. Deflation-fighting efforts included the issuance of more than *200 billion ($24.16 billion) in new currency last year; the institution in November of a tax on individual savings deposits; and another round of interest rate cuts. The government also increased its reliance on open-market operations in 1999, after suspending operations through mid-1998. This could be the year Beijing further relaxes its control over loan interest rates.
Financial reforms China stepped up the pace of financial reform in 1999 and this pace is likely to continue in 2000. A few of the more high-profile moves included: establishing asset-management companies to relieve the four state banks of their bad loans; slightly loosening restrictions on foreign participation in commercial banking; granting domestic insurance firms the ability to invest in closed-end securities funds; and expanding the number of listed investment funds.
The government's budget woes Government revenue, while rising of late, is still falling far short of the budget's requirements. Though the State Administration of Taxation reported that total revenue was up 13.4 percent in 1999, tax evasion remains a serious problem. The government has already issued billions of RMB in Treasury bonds both to help recapitalize the ailing banks and to stimulate the suffering economy, and more such outlays will be necessary before either recovers.
Foreign currency and the value of the RMB China's foreign-currency reserves reached $154.68 billion at the end of 1999, up 6.7 percent. Most analysts expect that the RMB's value will remain relatively stable this year.
Agriculture Falling agricultural prices, due to bumper harvests, were responsible for the small rise in rural incomes of only 4 percent in 1999. This was less than half of the average urban income, which rose more than 9 percent. Rural poverty is likely to be exacerbated when China joins the WTO-an additional 9.6 million farm workers are expected to lose their jobs as a result of China opening its agricultural markets.
SOE reform With many of the smaller and more inefficient SOEs already closed, the government now has to tackle the behemoths, the country's largest employers. The number of laid-off SOE workers is expected to hit 12 million this year.
The non-state sector China has made several moves to encourage the non-state sector in recent months. As China prepares to enter the WTO, private firms may gain more opportunities to participate in the capital markets. Parts of the service sector may also be deregulated.
Employment In 1999, urban registered unemployment was 3.1 percent. Official unemployment figures do not include the rural population, the floating population, or the millions who are technically unemployed, but still on SOE payrolls. Independent analysts estimate that when these populations are included, China's unemployment rate reaches double digits.
SCENARIOS FOR 2000
WTO preparations aside, the PRC economy is facing several years of high unemployment, stubborn overcapacity, industrial and agricultural restructuring, and slower growth than that of the early 1990s. The prospect of WTO membership gives the country's leaders an added impetus to implement reforms. Implementation will be difficult, and will almost certainly meet resistance, especially at the local level. Nevertheless, reform will progress, if slowly, and China will continue on its path to full integration with the world economy.
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Chinese Economy on Fast Track
The size of the Chinese economy is likely to climb, in world
rankings, from its current position as the sixth largest to the second
largest by 2030, said economists with global investment bank Lehman
Brothers.
With its gross domestic product (GDP) growing at an annual rate of 6 per cent, China will come in after the United States to secure the second place spot, the economists said.
Such an economy stands to offer exciting business and capital market opportunities to foreigners over the next 10 years or so, said Robert Subbaraman, a Lehman Brothers senior economist who is the co-author of a newly released comprehensive report on China's economic, political, social and foreign policy prospects over the next 10 years.
At a press conference last week in Beijing, Subbaraman and his colleagues offered detailed explanations of their forecasts regarding the impact of the country's accession to the World Trade Organization (WTO), growth opportunities and how to do business in China.
WTO impact
China's economy will be disrupted in the short term, but in the long run, it can benefit immensely from its WTO entry, said Subbaraman.
Rising numbers of bankruptcies and displaced workers are likely, as increased trade competition after the WTO forces a reallocation of resources away from protected and less competitive industries to sectors where China has more of a comparative advantage, he said.
According to the International Monetary Fund, WTO accession will subtract 0.3 per cent from China's real GDP growth in the first year.
Subbaraman said potential losers from the accession include the highly protected agricultural, telecommunications and banking sectors and some of the more capital-intensive ones such as the auto industry.
Besides short-term adjustment costs, WTO accession will have a profound effect on the composition of China's balance of payments, he said.
The reduction in trade barriers will lead to a substantial increase in merchandise imports but only a modest rise in exports.
Furthermore, WTO entry will help spur the development of the legal and regulatory framework and accelerate reform in the bank and enterprise sectors, thus creating demand for foreign services -financial, accounting, management consultancy and legal-to support restructuring.
As a result, the current account surplus of US$20.5 billion in 2000 is likely to deteriorate and could sink into a small deficit by 2003, Subbaraman said in his report.
However, the deterioration in China's current account should be more than offset by an improvement in the capital account, noted Paul Sheard, chief economist for Lehman Brothers Asia.
The liberalization of China's services sector should attract stronger FDI (foreign direct investment) inflows, while measures to strengthen the rule of law and to broaden and deepen the bond and equity markets should help deter portfolio capital flight.
"On our estimates, actual FDI will soar from US$46.8 billion today to around US$65 billion by the end of 2003," he said, adding that China's overall balance of payments surplus is expected to increase steadily in the coming years.
"This means that the tendency for the RMB will be to appreciate once China begins to move toward a more flexible exchange rate regime," he said.
In the long run, WTO entry is expected to add around 1.3 per cent per annum to China's GDP growth, he added.
"We are optimistic that China will achieve an average 6 per cent growth over the next two decades," he said at the press conference.
Business Bible
In the report, Subbaraman said the answer to the question: "Should we be there?" is a cautious "yes" for multinational investors with a global foothold.
On one hand, China is steadily moving towards a market-based economy and its recent WTO entry will accelerate this, he said.
Furthermore, globalization and the information age have spurred the pace and momentum to dramatic levels.
On the other hand, there are risks, especially for foreign investors over the next two to three years. China's WTO accession will result in painful adjustment costs in conjunction with unfinished financial and State-owned enterprise (SOE) reforms, as well as rapid urbanization, he said.
"But our near-term assessment is that, provided macroeconomic policies remain accommodative, the economy will weather this difficult period, very likely averaging GDP growth of around 7 per cent," added Subbaraman.
He said there is hardly any fixed formula for success in China, but foreign investors need to pay attention to several points:
The China context: China's history, culture and present situation make it a unique heterogeneous environment, which will bear heavily on commerce and should not be ignored.
The profit motive: Chinese understand the profit motive. So once a foreign investor establishes an apparent willingness to bear a loss, it can prove remarkably difficult to turn that stance around and into profit.
Building from the bottom: There is no place for firms looking to get in, make a quick killing and get out again. The best returns are going to be made by those firms that are prepared to invest real time and effort in China.
"And keep in mind that significant amounts of both will likely be necessary to identify and then establish an initial niche," said Subbaraman.
Inevitable slowdowns: Like that of any economy, China's progress will not be smooth, for both cyclical and structural reasons. Firms operating in China should be prepared to put up with setbacks too, as the economy goes through lean years alongside the fat.
The global context: China's emergence as a major global player, both economically and politically, will inevitably bring conflicts in commercial relations.
But the overall probability is that, for the foreseeable future at least, these will be contained and defused without long-term negative impact on firms prepared to ride out the squalls.
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With its gross domestic product (GDP) growing at an annual rate of 6 per cent, China will come in after the United States to secure the second place spot, the economists said.
Such an economy stands to offer exciting business and capital market opportunities to foreigners over the next 10 years or so, said Robert Subbaraman, a Lehman Brothers senior economist who is the co-author of a newly released comprehensive report on China's economic, political, social and foreign policy prospects over the next 10 years.
At a press conference last week in Beijing, Subbaraman and his colleagues offered detailed explanations of their forecasts regarding the impact of the country's accession to the World Trade Organization (WTO), growth opportunities and how to do business in China.
WTO impact
China's economy will be disrupted in the short term, but in the long run, it can benefit immensely from its WTO entry, said Subbaraman.
Rising numbers of bankruptcies and displaced workers are likely, as increased trade competition after the WTO forces a reallocation of resources away from protected and less competitive industries to sectors where China has more of a comparative advantage, he said.
According to the International Monetary Fund, WTO accession will subtract 0.3 per cent from China's real GDP growth in the first year.
Subbaraman said potential losers from the accession include the highly protected agricultural, telecommunications and banking sectors and some of the more capital-intensive ones such as the auto industry.
Besides short-term adjustment costs, WTO accession will have a profound effect on the composition of China's balance of payments, he said.
The reduction in trade barriers will lead to a substantial increase in merchandise imports but only a modest rise in exports.
Furthermore, WTO entry will help spur the development of the legal and regulatory framework and accelerate reform in the bank and enterprise sectors, thus creating demand for foreign services -financial, accounting, management consultancy and legal-to support restructuring.
As a result, the current account surplus of US$20.5 billion in 2000 is likely to deteriorate and could sink into a small deficit by 2003, Subbaraman said in his report.
However, the deterioration in China's current account should be more than offset by an improvement in the capital account, noted Paul Sheard, chief economist for Lehman Brothers Asia.
The liberalization of China's services sector should attract stronger FDI (foreign direct investment) inflows, while measures to strengthen the rule of law and to broaden and deepen the bond and equity markets should help deter portfolio capital flight.
"On our estimates, actual FDI will soar from US$46.8 billion today to around US$65 billion by the end of 2003," he said, adding that China's overall balance of payments surplus is expected to increase steadily in the coming years.
"This means that the tendency for the RMB will be to appreciate once China begins to move toward a more flexible exchange rate regime," he said.
In the long run, WTO entry is expected to add around 1.3 per cent per annum to China's GDP growth, he added.
"We are optimistic that China will achieve an average 6 per cent growth over the next two decades," he said at the press conference.
Business Bible
In the report, Subbaraman said the answer to the question: "Should we be there?" is a cautious "yes" for multinational investors with a global foothold.
On one hand, China is steadily moving towards a market-based economy and its recent WTO entry will accelerate this, he said.
Furthermore, globalization and the information age have spurred the pace and momentum to dramatic levels.
On the other hand, there are risks, especially for foreign investors over the next two to three years. China's WTO accession will result in painful adjustment costs in conjunction with unfinished financial and State-owned enterprise (SOE) reforms, as well as rapid urbanization, he said.
"But our near-term assessment is that, provided macroeconomic policies remain accommodative, the economy will weather this difficult period, very likely averaging GDP growth of around 7 per cent," added Subbaraman.
He said there is hardly any fixed formula for success in China, but foreign investors need to pay attention to several points:
The China context: China's history, culture and present situation make it a unique heterogeneous environment, which will bear heavily on commerce and should not be ignored.
The profit motive: Chinese understand the profit motive. So once a foreign investor establishes an apparent willingness to bear a loss, it can prove remarkably difficult to turn that stance around and into profit.
Building from the bottom: There is no place for firms looking to get in, make a quick killing and get out again. The best returns are going to be made by those firms that are prepared to invest real time and effort in China.
"And keep in mind that significant amounts of both will likely be necessary to identify and then establish an initial niche," said Subbaraman.
Inevitable slowdowns: Like that of any economy, China's progress will not be smooth, for both cyclical and structural reasons. Firms operating in China should be prepared to put up with setbacks too, as the economy goes through lean years alongside the fat.
The global context: China's emergence as a major global player, both economically and politically, will inevitably bring conflicts in commercial relations.
But the overall probability is that, for the foreseeable future at least, these will be contained and defused without long-term negative impact on firms prepared to ride out the squalls.
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The Best Printer to Develop Your Chinese Business
Almost everything in business use computer for optimal result. You, for example, need computer to process data in accounting that becomes integral part of business. All things you do by computer are in visual form and you need to print them to be physical form. For this reason, it is something critical to provide your business with high quality printer. Along with fast development of printing technology, you can buy advanced printer with laser system today. It is much simpler to print using printer with laser system than that of conventional system. In order to get printer that you need for business development, just come to chinacir.com.
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Contact info:
Email: en@chinacir.com.cn
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Tel:+86-10-82250824
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MSN: chinacir2012@hotmail.com
Whether you are running retail, service or manufacturing business, providing printer with excellent ink cartridge is a necessity. Ranging from making a deal with clients to employee payroll, a business needs printer to make all related to business simpler. One is certain that will become plus point once you are at this webpage for printer is finding printer ink cartridges from top brands like Canon and HP. Since it is critical to run business by using printer, it is undeniable that you have to find the best products for effective and efficient printing result.
Printer has become integral part of business and it belongs with office supplies. Therefore, you should not take for granted in providing printer since all things will be easy when you use printer to provide any document to your business. What are you waiting for? The best thing that you have to do now is to get details of every printer provided by this webpage. Then, you can specify which product that corresponds to your necessity in developing business optimally. In the end, you should come to a decision of buying printers for printing needs of your business in order that everything runs as what you want it to be.
Contact info:
Email: en@chinacir.com.cn
chinacirmo@gmail.com
Tel:+86-10-82250824
+86-10-82252636
MSN: chinacir2012@hotmail.com
Thursday, May 3, 2012
China's packaging machinery will have new opportunities
Out of the country packaging machinery in the new challenges. Our packing machinery late start, so and foreign packaging machinery level has a large gap compared. But in recent years, with the rapid development of packaging machinery, our packaging machinery from technology and performance has replaced the foreign packaging machinery in China's packing industry market. China's packaging machinery has been constantly innovation, in automatic control and the quality of the products has been on a continuous improvement. Today's packaging machinery has been dominating the packaging industry dominated the domestic market, go out of the country, to the foreign sales packing machinery is a new market.
Today, China's rapid development of packaging machinery and competition is intense, want to have more development, it is necessary to the overseas market, seek new development. Now China's packing machine has with foreign packaging machinery that is balanced ability, in the international packaging machinery market have strong competitiveness.
China's packaging machinery although lose at the starting line, but with the struggling struggle has caught up with ran in front of the enterprise. Go out of the country, China's packaging machinery will welcome the new opportunity, at the same time with a new challenge. Want to have been stable development, occupy the foreign market, China's packaging machinery still need to continue to improve. The development of new products, technology innovation, throwing imitate, independent research and development, powerful combination.
If you want to know more about China packaging machinery market,you can visit:China's eight class packaging machinery will rapid development , 2012 china machinery & electronics reports ，china industry research .
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