More Industry Information
Source: Germany Trade & Invest (gtai)
| Medical Technology The Chinese market for medical technology continues to expand at high growth rates. In 2010, the market volume could again grow by a fifth in comparison to the year before, analysts estimate. Significant trends are likely to continue in the coming years. These include the increase in life expectancy, rising incomes and the shift of demand into the catching-up regions of central and western China. For foreign suppliers, the country therefore remains very attractive. Read more: Industry guide Medical Technology (gtai)
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| Engineering and Plant Construction The Chinese machine building industry remained undamaged during the global economic crisis and appears very dynamic in mid-2010. Production and sales have very high growth rates, making an overheating of the industry seem likely. With imports increasing in most areas in the double-digits again, the business opportunities are very good for foreign suppliers. The Chinese Ministry of Finance has issued an overview of machines that can be imported duty-and tax-free. read more: Industry Guide Engineering (gtai)
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| Chemistry- and Chemical Industry After the modest year 2009 with declining imports, the Chinese chemical market in 2010 will tie in with the growth rates from before. The beginning of the year 2010 is brilliant: in the first two months, industry production was up by 46% compared to the previous year and a staggering increase of 62% was reported for imports. Despite a weak preceding year basis, these are excellent results. Observers believe the chemical sector to be very overheated by now though, since such increases can hardly endure. Read more: Industry Guide - Chemical Industry (gtai)
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