The first trend: Under “new normal”, growth of food industry is slowing down, and the development will depend more on ‘value drives’ in the future. Food industry corresponds with the overall growth of China’s economy, both transferring gradually from the previous number driving to value driving and from eating more to eating better. Take dairy product industry for example: First of all, dairy product industry keeps growing now but its growth rate begins slowing down. Second, there will be differentiation of consumption, and the consumption of the high-income groups will…

2017 Chinese Consumption Concept of Food and Beverage

June 21, 2017 YuwenhaoChinese consumer habits, Chinese consumption concept, Chinese preference, food & beverage0 comment

Change of consumption concept: from ‘spending money unwillingly’ to ‘paying for convenience’ The soaring economy of China determines the huge gap between generations in terms of consumption concept. The influence of frugality is weakening, for the new generations prefer moderate or even excessive consumption as long as their economic conditions allow. Consumers are willing to pay for better quality, service and convenience. Change of consumption concept: from ‘advocating frugal life’ to ‘paying for high-quality life’. Change of concept: from ‘preferring oily food high in sugar and calorie, and believing being…

Automobile

New Market Features in China Automobile Industry in 2017

June 19, 2017 Yuwenhao2017 market feature, auto production, China auto industry, NEV, New Energy Vehicle0 comment

A new round of struggle for the leading role in global automobile industry outbreaks universally, and the only left competitors are Germany, Japan, the U.S. and China. Germany and Japan own the most powerful traditional automobile industry in the world. The booming automobile industry will drive the transformation and upgrade of the overall economic structure in China. In September, 2016, the supervisors of China’s automobile industry proposed a Temporary Concurrent Management Regulation for Corporate Average Fuel Consumption (CAFC) and New-Energy Vehicle (NEV) Credits for public comments, which stipulated that automobile…

Manufacturing Telecoms & Computing

Prospect of Global Drone (UAV) Market, 2017

June 19, 2017 Yuwenhaocommercial UAV market, drone, drone market size, private UAV market, UAV, UAV applications0 comment

With the forecast that in 2017, production and sales volumes of drones will have a substantial increase to 3 million, up by 39%, the global market revenue is predicted to be USD 6 billion (around CNY 41.2 billion), up by 34%. The soaring demand for drones for private and commercial use contributes to its popularity regardless of the ban that private market cannot make contact with government regulatory departments. Overall drone (UAV) market is developing rapidly, yet private and commercial markets are distinct from each other in dynamics. Drones in…

Food & Beverage

Analysis on Beef Import and Export in China, 2016

June 19, 2017 Yuwenhaobeef export, beef import, beef production, cattle breeding, cattle raising0 comment

According to CRI, in 2016, total production volume of pork, beef, mutton and poultry was 83.64 million tons, down by 1.1% YOY compared to 2015. Specifically, production volume of pork was 52.99 million tons, down by 3.4%; production volume of beef was 7.17 million tons, up by 2.4%; production volume of mutton was 4.59 million tons, up by 4.2%; production volume of poultry was 18.88 million tons, up by 3.4%. Production volume of egg and poultry was 30.95 million tons, up by 3.2%. According to statistics of the U.S. Department…

Logistics & Transport

2017 China Shipbuilding Industry: Chance Born in Crisis

June 16, 2017 YuwenhaoM&A, shio repair, ship building, ship orders0 comment

In 2016, three major indicators of shipbuilding had a significant drop and profits of relevant enterprises slumped due to the lasting downturn of shipping industry. According to CRI, in 2016, national shipbuilding completion amount was 35.32 million DWTs, down by 15.6% YOY; new orders of ships were 21.07 million DWTs, down by 32.6% YOY; up to the end of Dec, 2016, handheld ship orders were 99.61 million DWTs, down by 19% YOY. From Jan to Nov, 2016, profits of shipbuilding industry enterprises above the nationwide scale are CNY 14.74 billion,…

Logistics & Transport

Reliable Ranking of Global Top 10 Shipbuilding Companies

June 16, 2017 Yuwenhaoship building, Top 100 comment

The ranking of shipyards can be based on multiple parameters — from completion amount to holding orders. However, what reflects the real operation situation of a company is its sales revenue. Recently, the list of top 10 shipbuilding companies in terms of sales revenue was released by the press. It shows that the top 5 are in South Korea, China and Japan, indicating the trend of the global shipbuilding industry. (CRI note: the actual sales revenue of a company is hard to calculate. In particular, China’s two shipbuilding leaders are…

Manufacturing Telecoms & Computing

China’s Service Robot Market Grew by 28.2% Annually

June 16, 2017 Yuwenhaorobotics, service robot0 comment

With the advances in robotics technologies, robots will be used in more diverse scenarios and wider professional service applications. Science educational robots are represented by Atlas and Aldebaran of Boston Dynamics and China’s “Huitong”. They are not put on the market and are only used in laboratories and science and technology museums. Agricultural robots are represented by Kanao’s picking robot, DJI’s plant protection UAV and Hot-Cheers’s sorting robot. European agricultural robots and Chinese plant protection UAVs are the most widely used ones. Delivery robots are represented by Amazon’s delivery drones,…

Medical Healthcare

Analysis of Status Quo and Driving Forces in China Health Industry

June 16, 2017 YuwenhaoCAGR, health industry0 comment

China’s health industry enjoys continuously fast growth. The scale of the industry grew by CAGR of 16.03% from 2011 to 2014, reaching CNY 2.5 trillion in 2014. Specific examination of the growth of sub-industries of pharmaceuticals, medical devices, healthcare products and medical cosmetics are as follows: The CAGR of the pharmaceutical industry was 19% (2010-2014); that of the medical device industry was 30.50% (2010-2014); that of the healthcare industry was 30.40% (2010-2014); that of medical cosmetics was 16.58% (2010-2014). The rapid growth of the health industry is driven by three…

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Five Key Trends of China’s Food Industry, 2017