Logistics & Transport

Third-party Logistics Industry in China

Definition and categorization of 3PL Third-party logistics service providers (‘‘3PL providers’’) typically specialize in integrated operations such as warehousing and transportation services which can be scaled and customized to meet customers’ individual needs based on market conditions, including the demands and delivery service requirements for their products and materials. 3PL providers target particular functions within the supply chain management process such as warehousing or transportation. The advantages of outsourcing logistics to 3PL service providers include low capital commitment, cost savings and flexibility. First, there is no need for a warehouse…

Read More
Manufacturing

China Garment Market

In brief, China garment market showed an upward trend in the period of 2011 to 2016. The revenue of this market increased from CNY1,381.0 billion in 2011 to CNY2,167.0 billion in 2016, representing a CAGR of 9.4%. In the following five years, driven by the increase in disposable income, improvement of living standard and multiple sales channels, China garment market is estimated to grow at a CAGR of 7.9%, reaching CNY2,933.1 billion in 2020. Main Drivers of Garment Market in China The Steady Growth of Disposable Income in China The…

Read More
Business & Finance Industry Analysis

Microfinance Industry in China

In May 2008, the CBRC and the PBOC jointly promulgated the Guiding Opinions, which sets out the fundamental requirements for establishing, registering and operating a microfinance companies at the national level. This was a significant step in advancing the industry and led to a rapid increase in government registered microfinance companies in China. In addition, through issuing The Guidance on Financial Support for Adjustment and Transformation and Upgrade on Economic Structure (关于金融支持经济结构调整和转型升级的指导意见) in July 2013, the PRC Government increased its support in the microfinance industry and provided guidance on the…

Read More
Manufacturing

China Sewing Threads Industry

The total production volume of sewing threads in China peaked in 2014 and then decreased in 2015 and 2016, mainly because of the weakened export performance. Sustaining the consumption of garment is expected to drive the total production volume of sewing threads in China to recover with an increase from 297.3 thousand tonnes in 2016 to 308.2 thousand tonnes in 2021 with a CAGR of 0.7%. The domestic sales volume of sewing threads in China was greatly affected by the production volume of garment from 107.0 thousand tonnes in 2011…

Read More
Medical Healthcare

China Hospital Market

Overview China’s healthcare service providers can be categorized into three kinds: hospitals; primary healthcare institutions, such as community health centers; and other healthcare institutions, such as centers of disease control and preventive institutions for special diseases. Hospitals play the most essential role in China’s healthcare service industry, by serving nearly 40.1% of total out-patients and over 76.4% of total in-patients in 2015. Revenue generated by healthcare providers in China reached CNY 2,953.8 billion in 2015, of which CNY 2,287.9 billion, or 77.5%, was attributable to hospitals. Overall hospital revenue in…

Read More
Energy & Chemicals

China’s Municipal Water Industry

Despite having a massive volume of water resources at around 2,831 billion tons, China is one of the world’s most water deficient countries. Its per capita freshwater resource of 2,059 tons is less than a third of global average. Exacerbating this water shortage is China’s growing demand for water driven by China’s rapid economic development as well as growing and increasingly urbanized population. Between 2010 and 2015, China’s population grew from 1,340.9 million to 1,374.6 million. Frost and Sullivan estimates that by 2020, China’s population will grow to 1,411.2 million.…

Read More