Construction

China Marble Industry Overview

China’s marble industry has grown significantly in recent years. China has taken the leading role in the consumption of marble slabs, which was proved by its shares in the sales volume and sales value of marble slabs in the global market. In 2016, China occupied approximately 31.3% in the global sales volume of marble slabs and approximately 25.1% in the global sales value of marble slabs. Meanwhile, China possessed the largest production volume of marble slabs around the world, with an approximate 32.0% share of the world’s total processing output…

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Industry Analysis

Driving Factors for Education Industry in China

• Income growth for middle class in China is expected to drive up education spending: According to Research, the per capita disposable income of Chinese urban households increased rapidly from CNY 24,565 in 2012 to CNY 31,195 in 2015, and is forecasted to increase to approximately CNY 44,290 in 2020. The rise of middleclass families in China is expected to drive the spending on premium education, as such families are relatively well educated and they consider that good education background could benefit their children in the long run. • Encouragement…

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Industry Analysis

OVERVIEW OF THE PRIVATE FUNDAMENTAL EDUCATION INDUSTRY IN CHINA

Market size and trends of the private fundamental education industry in China Private education was first allowed in China by law in early 1980s to bridge the shortage of public resources. Private education has experienced rapid growth and become an important segment in the PRC education system. According to the Research, total revenue generated by the PRC private fundamental education industry increased from CNY 124.1 billion in 2012 to CNY 184.2 billion in2015, and is expected to increase to CNY 325.5 billion in 2020, representing a CAGR of approximately 14.1%…

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Medical Healthcare

Analysis on Blood Product Industry in China

China’s blood product industry demonstrated a good prospect in 2016. The National Institute for Control of Pharmaceutical Biological Products inspected more than 4000 lots of blood products in total, equivalent to approximately 59 million bottles, which exhibited an upward trend. The present Chinese market is dominated by domestic products, with imported products occupying less than 5% of market shares. The lack of raw materials has an impact on the blood products. In particular, the demand volume of human serum albumin is 50% higher than the supply volume, contributing to a…

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Automobile

Development Index of China’s Electric Vehicles Ranks First Globally

Statistics demonstrate that this is the first time for China to rank the first in terms of the development index of electric vehicles. China is expected to dominate the world’s market of electric vehicles in the future. Despite stricter government policies concerning new energy and fewer financial subsidies, market shares of electric vehicles and battery manufacturing will continue to grow, further presenting extended competitive advantages. In 2016, over 350 thousand plug-in hybrid electric vehicles and battery electric passenger vehicles were produced in China, accompanied by the sales growing at a…

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Energy & Chemicals

Analysis on Market Demand of Natural Gas in China, 2017

In China, natural gas consumption can be classified into four categories: industrial fuel accounts for 38.2%, urban gas consumption accounts for 32.5%, power generation accounts for 14.7%and that in the chemical industry accounts for 14.6%. Due to the increasing awareness of environmental protection, China is making efforts to promote the use of clean energy. In the 2017 report on the work of government, it is clearly proposed to improve the energy structure by increasing clean energy consumption by 1.7% and reducing coal consumption by 2%. In this sense, the consumption…

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Manufacturing

Analysis on Valve Industry in China, 2017

The valve industry is featured with small scale of production and low industry concentration in China. According to statistics, China has over 3,000 valve manufacturing enterprises, which is the largest in the world. However, most of these enterprises are of small scale and family-owned, among which there are no more than 500 enterprises with annual sales revenue reaching CNY 5 million, and only a dozen enterprises with annual sales revenue exceeding CNY 100 million. The total market share of the first ten enterprises is only around 8% and 9%. Low…

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Energy & Chemicals

Analysis on the Market Operation of the Sewage Treatment Industry

There are totally 2,238 operational sewage treatment plants in China’s municipal cities with the sewage treatment capacity of 140 million cubic meters per day. There are 1,472 counties establishing sewage treatment plants in China, accounting for 94.3% of the total number of counties; and there are totally 1,738 sewage treatment plants with the sewage treatment capacity of 30 million cubic meters per day. Status of the Construction of Sewage Treatment Facilities in Cities and Towns Municipal cities and counties (hereinafter referred to as cities and towns except administrative towns) totally…

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Energy & Chemicals

Status Quo of China’s Sewage Treatment Industry

With the progress of industrialization and urbanization and with the rapid development of social economy in recent years, the problem of pollution has become necessary to be solved. Sewage treatment has become an essential part of economic development and water resources protection. River Pollution According to Bulletin of Environmental Status of China for the Year of 2015 issued by Ministry of Environmental Protection of PRC, the proportion of water quality sections of typeⅠ~Ⅲ, Ⅳ~Ⅴ and inferiorⅤis respectively 72.1%, 19.0% and 8.9% in state-controlled sections of seven major basins, (which are…

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Industry Analysis

Cement Industry 2017H1: No Obvious Change in Demand and Output

Cement output has undergone great fluctuation in recent years and it gradually becomes stable now. Cement output kept growing at -5% or so in 2015 YOY but the growth rate rose to 2%-4% in 2016. In the first half of this year, cement output only fluctuated by 1%. From January to June, domestic cement output added up to 1.11 billion tons, up by 0.4% YOY. The stable cement output indicates that the domestic demand has entered a high platform stage and it is estimated that cement output in this year…

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