ReleaseWire Connect

The overseas manufacturers of smart lighting system have started to invest in building factories in China since 1990s. In recent years, Chinese smart lighting market has developed rapidly, being sized by RMB13.7 billion in 2009 from RMB4.9 billion in 2005.

Promoted by key projects including large-scale long-distance power transmission, ultra-high voltage grid construction, power grid construction in new rural areas and railway electrification reconstruction, the power transmission and distribution and control equipment industry of China achieved rapid development in 2009, with the annual sales revenue and total profit of RMB 656.19 billion and RMB 49.13 billion, a YoY rise of 15.7% and 19.5% respectively.

Coal chemical industry is a sector with coal as the raw material which gets transformed to gas, liquid, solid fuel and chemicals through chemical processing, producing a wide range of chemical products. Coal chemical industry falls into traditional coal chemical industry and new coal chemical industry; wherein, the former consists of coal coking, coal calcium carbide, coal synthesis ammonia (fertilizer), etc, while the latter is comprised of Coal-to-Olefin, SNG, Coal-Ethylene Glycol, Coal-to-Liquids, etc.

LED is currently the most popular investment topic in the electronic field. Take the MOCVD equipment of LED upstream as an example, the estimated shipment of MOCVD equipment in 2010 will reach 662, equivalent to the sum total of the previous three years, and promisingly, Year 2011 will maintain or even exceed this high shipment. The unit selling price of MOCVD equipment is about US$1-2 million, and Chinese government offers a maximum subsidy of 50%, consequently, there occurs an upsurge of LED investment and a boom in MOCVD purchase in China. In 2010, the quantity of MOCVD equipment registered with National Development and Reform Commission (NDRC) alone is nearly 700, and some manufacturers even purchase directly instead of waiting for the subsidy of NDRC. MOCVD equipment is almost monopolized by German AIXTRON and American VEECO, but the output capacities of both companies are limited, so, the orders have been arranged till 2012.

Stimulated by the downstream demand and the revitalization & upgrading of China fine chemical industry, China MPEG industry has experienced continuous development. At present, domestic-funded enterprises such as Liaoyang Oxiranchem Group Co., Ltd., Liaoning Kelong Fine Chemical Co., Ltd., Zhejiang Huangma Chemical Industry Group Co., Ltd., and Shanghai Taijie Chemical Co., Ltd., etc. are of industrialized production scale and take a lion’s share of domestic polycarboxylates high performance water-reducing admixture industry. However, limited by factors like technology, the demand of MPEG in fields like medicine, cosmetics, laboratory, etc. still depends mostly on products imported from Korea Yukong Limited Co., Ltd., USA Huntsman, USA Clariant, USA Dow Chemical, Nippon Shokubai, Germany Cognis, Germany BASF, etc. From the perspective of both development trend and policy trend of Chinese MPEG upstream & downstream industries, there remains a broad development prospect for China MPEG industry.

During 2003-2009, along with the compliance of corporate governance, large-scale introduction of foreign capital, trans-regional development, mergers and acquisitions, and entry of strategic investors, the total assets of Chinese city commercial banks have been increased to RMB5.68 trillion in 2009 from the RMB1.46 trillion in 2004, with an annual average compound growth rate up to 31.2%. As of Q1 2010, the total assets of Chinese city commercial banks amounted to RMB5.99 trillion, up 33.5% over the same period last year.

In early 2009, with the issuance and implementation of China’s policies for promotion of home appliances in rural areas, home appliance replacement, energy-saving products and projects that benefit people, the sales volume of home appliances (including color TV sets, refrigerators, washing machine) began to rebound in China.

Benefitting from the rapid development of the automotive industry, China’s auto parts industry has witnessed increasingly fast development in recent years. China’s auto parts and accessories manufacturing industry realized a total industrial output value of RMB1.0822 trillion in 2009, up 20.39% year-on-year. In Feb., 2010, the number of auto parts manufacturers above designated size (i.e. with annual sales revenue exceeding RMB 5 million) rose to 10,788, and the number of employees also exceeded two million, both were better than the year of 2009.

Plastic injection molding machine (also known as injection molding machine or injection machine) is a type of equipment accounting for the largest share - 40% in China and 50-80% in Germany, Japan and the USA - in the total output of plastic processing machinery.

Heating radiator is a terminal device transferring heat from heat media into rooms. Driven by old housing system improvement, heating zone southward expansion and rural urbanization, China’s heating area has increased year-by-year, promoting the market demand for heating radiators from 360 million units in 2006 to 460 million units in 2009, with CAGR reaching 8.5%.