Due to continuous modernization and urbanization over the past years, China experiences huge energy demand and is one of major oil and petroleum consuming economies in the world. The following figures set out China’s production, consumption and import profile over the 5-year period from 2011 to 2015. While China’s oil production grew at a CAGR of approximately 1.4%, it could not catch up the consumption growth at a CAGR of approximately 5.0% over the same period, resulting in the shortfall being fulfilled by import. In 2015, the oil import in…

China’s Women’s Bag Market Overview

January 26, 2018 adminbag

In recent years, due to increases in disposable income and purchasing power, China’swomen’s handbag market has enjoyed steady growth. The revenue of China’s women’s handbag marketincreased from approximately CNY 90.9 billion in 2012 to approximately CNY 150.4 billion in2016, at a CAGR of approximately 13.4%. The distribution channels of women’s handbags in Chinatraditionally include department stores, hypermarket & supermarket and specialty store retailing.With the proliferation of e-commerce in recent years, online retailing has been established as an important alternative to sales channel. In particular, it reaches and captures the…

Telecoms & Computing

Overview of Semiconductor ATE & FAS Market

January 19, 2018 adminsemicondcutor

Market trends ATEs are an essential component in the semiconductor manufacturing process because it verifies the functionality of the fabricated devices and also identifies faults. The ATE and FAS markets are strongly correlated with the telecommunications, automotive and medical devices industries, whose fundamental components are semiconductors ICs. An IC is akin to the brains of the component that can receive, analyze and transmit data to and from other electronic components. If a product analyses digital data, which is highly probable nowadays, it is likely to have some form of a…

Construction Industry Analysis

Overview of the Construction Industry in China

January 19, 2018November 5, 2021 adminbuilding construction, construction, Construction market competition, Construction market segment, Construction market share, Construction market size, Construction regional analysis, infrastructure construction

Owing to the booming macro economy and large investment in fixed assets, the total output value of construction in China registered a robust growth in the past few years

Industry Analysis

Analysis on Theme Park Industry in China

January 18, 2018 Yuwenhaotheme park

In recent years, China has witnessed a rapid growth in tourism. As post-80 and post-90 generations become the mainstay of customers, family tours, especially those of young post-80 generation families have taken up the majority of the market. China ranks the first in the world in the number of visitors and in the amount of consumption both home and abroad. When GDP per capita in a country or a region reaches USD 5,000, a tourism resort economy matures naturally. In 2015, a GDP per capita over USD 7,000 stimulated the…

Manufacturing

Export Value of Vietnamese Textile and Garment Industry Exceeded USD 30 Billion , 2017

January 18, 2018 Yuwenhaogarment, textile, Vietnam

The export value of Vietnamese textile and garment industry is expected to reach USD 31 billion, up by 10.2% YOY, due to the breakthroughs of the industry in 2017. However, according to CRI, garment raw materials and equipment still depend heavily on import for the industry chain is not perfect. But Vietnamese textile industry still has its own advantages such as government favorable policies, low labor costs, high education level, low prices of land and energy. Although TPP did not come into effect in 2017, the new FTAs have been…

Automobile

New Policy of Automobile Industry Would Be Implemented in Vietnam from Jan.1, 2018

January 18, 2018 YuwenhaoAutomobile, Vietnam

According to CRI’s information from the Vietnamese government, the new policy of automobile production and sales would be implemented in Vietnam from Jan. 1, 2018. The main contents include: (1) Imported cars from ASEAN are exempted from import duty, but more than 40% of auto parts should be manufactured in ASEAN. (2) The import tax of parts of passenger vehicles with less than9 seats is cut to zero, but assembly plants are in demand in Vietnam. Also, the assembly volume of passenger vehicles (with less than 9 seats and smaller…

Food & Beverage

Export Value of Coffee from Vietnam Reached USD 3.21 Billion, 2017

January 18, 2018 Yuwenhaocoffee, Vietnam

According to CRI’s information from the Vietnamese government, the export volume of Vietnamese coffee was about 1.42 million tons in 2017. The export value reached USD 3.21 billion. Germany and the U.S. are the first two major export destinations of Vietnamese coffee. Many years ago, Major agricultural exports from Vietnam were rice, rubber, etc. In recent years, however, traditional products such as rice have been overshadowed by coffee with the rapid increase of coffee export. Coffee planting industry in Vietnam started 150 years ago, with coffee trees introduced by French…

Medical Healthcare

Import of Condoms in China Up by 65.8% YOY from Jan. to Nov. 2017

January 18, 2018 Yuwenhaocondom

The total imported value of condoms in China reached USD 220.85 million, up by 65.8% YOY, from January to November, 2017. According to CRI’s analysis on data from China Customs, major sources of imported condoms in China were Taiwan, Malaysia, Thailand and Japan. The demand for quality condoms grows with the development of the economy and the improvement of livelihood. Although China is the largest condom producer and exporter, it lacks famous domestic brands, which result in the low-end market positioning of domestic condoms. According to CRI, the export volume…

Automobile

Overview of China’s Automobile Market

December 28, 2017 adminautomobile market0 comment

China is the world’s largest new automobile market as measured by the volume of new automobile retail transactions in 2016, and is the world’s second largest automobile market as measured by the volume of overall automobile retail transactions in 2016, following the United States. In 2016, the volume of new and total automobile retail transactions in China reached 23.9 million and 31.6 million, respectively. There remains significant room for growth in China’s automobile market. Despite the large volume and value of automobile retail transactions, the automobile density is still relatively…

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Category: Industry Analysis

Overview of Oil Industry in China