China Research & Intelligence Co., Ltd.

(CRI, Shanghai) Since 2009, Chinese government has implemented a series of macroeconomic policies, which has also encouraged the development of Chinese textile industry. Since 2009, Chinese textile industry is also under gradual recovery.

(CRI, Shanghai)Valves are applied in various sectors, such as electricity, petroleum chemistry, coal chemistry and metallurgy. Thus, the valve industry plays an important part in Chinese national economy.

(CRI, Shanghai)-From January to April of 2010, the area of land purchased by Chinese real estate development enterprises reached 91.83 million m2, 26.4% increase over that in the same period of 2009.

(China Research & Intelligence, Shanghai)-The price of Chinese auto glass rose from 1,000 CNY/ton to 3,800 CNY/ton since the beginning of 2009, a substantial increase from the minimum to the record high.

With the rapid development of Chinese auto market, the tire industry also enjoyed high-speed growth. In 2010Q1, Chinese tire production was 167.44 million, 35% increase over 2009Q1.

It is forecast that Chinese ternary compound fertilizer will sustain rapid development in the coming years.

Tire price increase arouses a new round of tire investment craze in the world. After the outbreak of the financial crisis, tire giants (Michelin, etc.) almost stopped all the production expansion plans.

In China, transnational tire enterprises possess great advantages while most local tire enterprises are of small scale and weak strength. According to incomplete statistics of China Research and Intelligence, by the end of 2009

In 2009the sales revenueof Chinese major solar equipment market rose by 14.3% to reachabout CNY3.20 billion. In2010with the decline of polysilicon price, the cost of solar power generation will graduallyapproach that of traditional power generation

the improvement in the production, export and consumption of Chinese household appliances is not only manifested in the quantity but also in the brand, service, product and technology, etc.