ELEVATORS IN CHINA: A MARKET ANALYSIS

CHINA CONTACT I

CONTENTS II

INTRODUCTION

Executive Summary

Report Coverage

Glossary

2 CHINA’S ELEVATOR MARKET

2.1 Industry Development

2.2 Total Installations

Table 2.1 INSTALLATION OF ELEVATORS IN CHINA 1994-2002

2.3 Elevator Production

3 MARKET SHARES

3.1 Domestic versus Foreign Brands

Table 3.1 PERCENTAGE OF NEW ELEVATOR INSTALLATIONS BY ORIGIN 2000-2002

3.2 Brand Shares

Table 3.2 LEADING COMPANY SHARES OF ELEVEATOR SALES IN CHINA 2002

4 OUTLOOK

4.1 Outlook: Forecast Trends

4.2 Outlook: Forecast Elevator Installations

Table 4.1 INSTALLATION OF ELEVATORS IN CHINA 2003-2005

5 KEY SECTORS FOR ELEVATOR INSTALLATIONS

5.1 Airports

5.1.1 Airports: Introduction

5.1.2 Airports: Total Number of Airports in China

Table 5.1 TOTAL NUMBER OF CIVIL AIRPORTS IN CHINA 1996-2000

5.1.3 Airports: China’s Major Airports

Table 5.2 MAJOR AIRPORTS BY PASSENGER THROUGHPUT 1999/2000

5.1.4 Airports: Developments

5.1.5 Airports: Opportunities

5.2 Hotels

5.2.1 Hotels: Introduction

5.2.2 Hotels: Total Number

Table 5.3 THE TOTAL NUMBER OF HOTELS IN CHINA 1996-2000

5.2.3 Hotels: Hotels by Size

Table 5.4 NUMBER OF HOTELS IN CHINA BY HOTEL SIZE 2000

5.2.4 Hotels: Developments

5.2.5 Hotels: Opportunities

5.3 Retailing

5.3.1 Retailing: Introduction

5.3.2 Number of Retail Outlets: Total Number

Table 5.5 TOTAL NUMBER OF RETAIL OUTLETS, 1996-2002

5.3.3 Retailing: Department Stores

Table 5.6 TOP 10 DEPARTMENT STORES RANKED BY GROSS SALES 1997-2002

5.3.4 Retailing: Retail Infrastructure Development

5.4 Public Transport

5.4.1 Public Transport: Introduction

5.4.2 Public Transport: High Speed Trains

5.4.3 Public Transport: Major Urban Developments in China

5.5 Residential Construction

5.5.1 Residential Construction: Introduction

Table 5.7 BASIC STATISTICS ON CHINA’S CONSTRUCTION INDUSTRY 1996-2000

5.5.2 Residential Construction: The Housing Market

Table 5.8 FLOOR SPACE COMPLETED & UNDER CONSTRUCTION IN CHINA 1996-2000

6 ISSUES

6.1 China’s Building Code & Elevator Installation

6.2 The Growth of High-Rise Buildings in China

Table 6.1 THE HIGHEST BUILDINGS IN CHINA AND HONG KONG 2002

6.3 Beijing 2008 Olympic Games Opportunities

7 COMPANY PROFILES

7.1 Hitachi Ltd

7.1.1 Hitachi: Company Details

7.1.2 Hitachi: Company Background

Table 7.1 HITACHI: FINANCIAL RESULTS 2002/2003*

7.1.3 Hitachi: Elevator Activities in China

7.2 Toshiba Corporation

7.2.1 Toshiba Corporation: Company Details

7.2.2 Toshiba Corporation: Company Background

Table 7.2 TOSHIBA CORPORATION: FINANCIAL RESULTS 2002/2003*

7.2.3 Toshiba Corporation: Elevator Activities in China

7.3 ThyssenKrupp AG

7.3.1 ThyssenKrupp AG: Company Details

7.3.2 ThyssenKrupp AG: Company Background

Table 7.3 THYSSENKRUPP AG: FINANCIAL RESULTS 1999/2000*

7.4 Otis Elevator Company

7.4.1 Otis Elevator Company: Company Details

7.4.2 Otis Elevator Company: Company Background

Table 7.4 UNITED TECHNOLOGIES: FINANCIAL RESULTS 2001/2002*

7.4.3 Otis Elevator Company: Elevator Activities in China

7.4.5 Otis Elevator Company: Company Strategy in China

7.4.6 Otis Elevator Company: Future Strategy

7.5 KONE Corporation

7.5.1 KONE: Company Details

7.5.2 KONE: Company Background

Table 7.5 KONE: FINANCIAL RESULTS 1991/2002*

7.5.3 KONE: Elevator Activities in China

7.6 Schindler Holding Ltd.

7.6.1 Schindler: Company Details

7.6.2 Schindler: Company Background

Table 7.6 SCHINDLER HOLDINGS: FINANCIAL RESULTS 2001/2002*

7.6.3 Schindler: Elevator Activities in China

7.7 Tatung Company

7.7.1 Tatung: Company Details

7.7.2 Tatung: Company Background

Table 7.7 TATUNG COMPANY: FINANCIAL RESULTS 1999/2000*

7.7.3 Tatung: Elevator Activities in China

7.8 Hyundai Corporation

7.8.1 Hyundai: Company Details

7.8.2 Hyundai: Company Background

Table 7.8 HYUNDAI CORPORATION C: FINANCIAL RESULTS 1999/2000*

7.8.3 Hyundai: Elevator Activities in China

7.9 Mitsubishi Corporation

7.9.1 Mitsubishi Corporation: Company Details

7.9.2 Mitsubishi: Company Background

Table 7.9 MITSUBISHI CORPORATION: FINANCIAL RESULTS 2002/2003*

7.9.3 Mitsubishi: Elevator Activities in China

8 OTHER ELEVATOR MANUFACTURERS

8.1 China Changjiang Runfa Group

8.2 Huangshi Aolingda Elevator Co. Ltd.

8.3 Liuzhou Welos Elevator Factory

8.4 Ningbo Xinda Elevator Accessories Factory

8.5 Selcom Suzhou Co. Ltd.

8.6 Shanghai Shangling Electric Appliances

8.7 Suzhou Jiangnan Elevator (Group) Co. Ltd

8.8 Suzhou Kodak Hydraulic Elevator Co. Ltd

8.9 Suzhou XunDa Elevator Ltd.

8.10 Wuhan Jinhushui Elevator Service General Co. Ltd.

8.11 Wuhan Modern Elevator Fitting & Repairation Project Co. Ltd.

8.12 Wuhan Xunda Elevator Industry Development Co. Ltd.

8.13 Xingchang Hardware & Machinery Co. Ltd.

9 CONTACTS

9.1 Government Departments

9.1.1 Ministry of Construction

9.1.2 Ministry of Internal Trade

9.1.3 The State Economic and Trade Commission

9.1.4 Ministry of Finance

10 RELEVANT TRADE FAIRS & EXHIBITIONS

10.1 China Intelligent Building Show

10.2 Fujian International Building Electrification & Elevator Show

10.3 Lift & Parking China

10.4 International Exhibition on Construction Equipment & Building Materials Machinery

10.5 China International Exhibition on Elevator Equipment & Technology

APPENDIX 1 CHINA MARKET BACKGROUND

1.1 Fast Facts

1.2 Regions of China

Map 1.1 CHINA: PROVINCES AND MUNICIPALITIES

1.3 Demographics

1.3.1 Demographics: Total Population

Table 1.1 TOTAL POPULATION, 1996-2002

1.3.2 Demographics: Population by Location

Table 1.2 POPULATION BY URBAN-RURAL DIVIDE, 1996-2002

1.3.3 Demographics: Population Breakdown by Location

Table 1.3 POPULATION BREAKDOWN BY URBAN-RURAL DIVIDE, 1996-2002

1.3.4 Demographics: Population by Province

Table 1.4 POPULATION BY PROVINCE, 1999-2002

1.3.5 Demographics: Population Density by Province

Table 1.5 POPULATION DENSITY BY PROVINCE, 1999-2002

1.3.6 Demographics: Population Concentration

Map 1.2 POPULATION CONCENTRATIONS BY PROVINCE, 2002

1.3.7 Demographics: Population by Gender

Table 1.6 TOTAL POPULATION BREAKDOWN BY GENDER, 1996-2002

1.3.8 Demographics: Population by Age Group

Table 1.7 POPULATION BY AGE GROUP, 1996-2002

Table 1.8 POPULATION BY AGE GROUP (PERCENTAGE), 1996-2002

1.4 Consumer Attitudes

1.4.1 Consumer Attitudes: Overview

1.4.2 Consumer Attitudes: Response to Political Change

1.4.2 Consumer Attitudes: Response to Economic Change

1.4.3 Consumer Attitudes: Changes in Lifestyle

Livelihood

Individual loans

Housing

Possessions

Travel

Entertainment

Health and Fitness

Purchasing Influences

Taboos

1.5 Consumer Wealth

1.5.1 Consumer Wealth: GDP and Cost of Living

Dealing with WTO

Confident Shoppers

Table 1.9 GDP AND COST OF LIVING INDEX, 1996-2002*

1.5.2 Consumer Wealth: Provincial Differences in GDP

Table 1.10 GDP RANKED BY PROVINCE, 1996-2002*

1.5.3 Consumer Wealth: GDP Growth by Province

Table 1.11 GDP GROWTH RANKED BY PROVINCE, 1996-2002*

1.5.4 Consumer Wealth: GDP Per Capita by Province

Table 1.12 PER CAPITA GDP RANKED BY PROVINCE, 1999-2002

1.5.5 Consumer Wealth: Concentration of Wealth by Province

Map 1.3 VALUE OF GDP PER CAPITA BY PROVINCE, 2002

1.5.6 Consumer Wealth: The Major Cities

Table 1.13 LEADING CITIES KEY ECONOMIC INDICATORS, 2002

1.6 Households

1.6.1 Households: Overview of Household Conditions

1.6.2 Households: Total Households by Size

Table 1.14 NUMBER OF HOUSEHOLDS BY SIZE, 1996-2002

1.6.3 Households: Total households by Urban/Rural Split

Table 1.15 NUMBER AND SIZE OF HOUSEHOLDS BY LOCATION, 1996-2002

1.6.4 Households: Income Earners Per Household

Table 1.16 AVERAGE NUMBER OF INCOME EARNERS PER HOUSEHOLD, 1996-2002

1.7 Employment

1.7.1 Employment: Number of Workers by Sector

Table 1.17 NATIONAL EMPLOYMENT BY SECTOR, 1996-2002

1.7.2 Employment: Growth by Sector

Table 1.18 GROWTH IN EMPLOYMENT BY SECTOR, 1996-2002

1.7.3 Employment: Number of Workers by Gender

Table 1.19 TOTAL NATIONAL WORKFORCE BY GENDER, 1996-2002

1.7.3 Employment: Number of Workers by Habitation

Table 1.20 NATIONAL WORKFORCE BY HABITATION, 1996-2002

1.7.4 Employment: Urban Unemployment

Table 1.21 URBAN UNEMPLOYMENT RATES, 1996-2002

1.8 Consumer Income

1.8.1 Consumer Income: Average Incomes by Sector

Table 1.22 AVERAGE INCOMES BY SECTOR, 1996-2002

1.8.2 Consumer Income: Growth by Sector

Table 1.23 GROWTH IN AVERAGE INCOMES BY SECTOR, 1996-2002

1.8.3 Consumer Income: Average Incomes by Region

Table 1.24 AVERAGE INCOMES BY REGION, 1998-2002

1.8.4 Consumer Income: Growth by Region

Table 1.25 GROWTH IN AVERAGE INCOMES BY REGION, 1998-2002

1.9 Consumer Market

1.9.1 Consumer Market: Spending Trends

Table 1.26 CONSUMER EXPENDITURE* BY BROAD SECTOR AT CURRENT PRICES, 1996-2002

1.9.2 Consumer Market: Per Capita Consumer Expenditure

Table 1.27 PER CAPITA CONSUMER EXPENDITURE* BY BROAD SECTOR AT CURRENT PRICES, 1996-2002

1.9.3 Consumer Market: Retail Sales and Consumer Spending

Table 1.28 RETAIL SALES AS A PROPORTION OF CONSUMER EXPENDITURE, 1996-2002

1.9.4 Consumer Market: Urban Income and Spending Compared

Table 1.29 URBAN AVERAGE ANNUAL INCOME/EXPENDITURE, 1996-2002

1.9.5 Consumer Market: Average Urban Weekly Shopping Basket

Chart 1.1 AVERAGE WEEKLY URBAN SHOPPING BASKET, 2002

1.9.6 Consumer Market: Average Rural Weekly Shopping Basket

Chart 1.2 AVERAGE WEEKLY RURAL SHOPPING BASKET, 2002

1.9.7 Consumer Market: Average Urban & Rural Weekly Shopping Baskets Compared

Chart 1.3 URBAN & RURAL SHOPPING BASKETS COMPARED, 2002

1.10 Exchange Rates

1.10.1 Exchange Rates: China

Table 1.30 AVERAGE ANNUAL EXCHANGE RATES, 1997-2002

1.10.2 Exchange Rates: Hong Kong

Table 1.31 AVERAGE ANNUAL EXCHANGE RATES, 1997-2002