CRI report

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Facing the pressure from international market and the rise of raw material costs, Chinese tire industry encounters hardship for development. However, Chinese tire industry still enjoys good prospect.

In 2010, under the influence of the price rise of raw materials, favorable macroeconomic expectations and other factors, the operation capability of China's basic chemical raw materials manufacturing industry improved steadily.

In 2010, China's textile industry saw a continuous rise in growth rates of output and sales as well as a significant supporting role of the domestic market.

In 2006-2010, the sales revenue of China's construction machinery industry maintained a rapid growth in general. Due to the influence of financial crisis of 2009, the growth rate slowed down, but it resumed rapidly in 2010.

As statistics show, in 2010, sales scale of Chinese Top 100 chain enterprises reached CNY 1.66 trillion, increasing by 21.20% YOY, and their sales revenue accounted for over 10% of total retail sales of Chinese consumer goods.

Driven by various factors such as brisk demand and cost increase, China's fertilizer market in 2011 will be better than 2010, and the price centre will move up.

In terms of current situation of China's convention and exhibition industry, exhibition halls and urban infrastructure fail to meet the demand of the industry's development in first-tier cities due to high concentration of brand exhibitions.

At the beginning of the 12th Five-Year Plan Period (2011-2015), some large pharmaceutical enterprises began to enter the biopharmaceutical field, laying a foundation and providing the impetus.

It is predicted that Chinese heat exchanger market scale will maintain the annual growth rate of over 10% in 2011-2025, and will break through CNY 90 billion in 2015.