Keywords
Citation
(2006), "New study examines China's industry development", Anti-Corrosion Methods and Materials, Vol. 53 No. 1. https://doi.org/10.1108/acmm.2006.12853aac.007
Publisher
:Emerald Group Publishing Limited
Copyright © 2006, Emerald Group Publishing Limited
New study examines China's industry development
New study examines China's industry development
Keywords: Coatings technology, Automotive industry, China
Research and Markets Ltd has announced the addition of Chinese Markets for Automotive Coatings to their offering. China's demand for automotive coatings has grown at a fast pace in the past decade. In the next 5 years, both production and demand will continue to grow. This new study examines China's economic trends, investment environment, industry development, supply and demand, industry capacity, industry structure, marketing channels and major industry participants. Historical data and long- term forecasts through 2009 and 2014 are presented. Major producers in China are profiled. China has experienced over two decades of high economic growth, which has been stimulated by the consecutive increases of industrial output, consumer consumption and capital investment. China's GDP has been growing at 9.8 percent per annum. National industry output has been advancing at 15 percent annually and will continue to sustain a strong growth into the next decade.