Abstract
Report Scope and Methodology
This report examines China' s macroeconomic trends, investment environment,
windows & doors industry structure and capacity, production and demand,
end-use market consumption trends, distribution channels and principal
industry participants. Long-term forecasts for major windows & doors
production and demand are included. The report contains tables and charts. Key
producers are profiled. Top Chinese windows producers are listed in the
producer directory section.
Most primary and secondary research was done in China in order to access
up-to-date government regulations, market information and industry data. Data
was collected from the Chinese government publications, Chinese language
newspapers and magazines, Chinese construction industry associations including
local governments' chemical industry bureaus, windows & doors industry
publications, and our in-house databases. Interviews were conducted with
Chinese industry experts, university professors, and windows & doors producers
in China.
Historical data include 1996, 2001 and 2006. Long-term development trends are
projected to the years 2011 and 2016. Economic models and quantitative methods
are applied in this report to project market demand and industry trends.
Metric system is used and values are presented in either yuan (RMB, current
price) and/or US dollars. Exchange rate for 2006 is based on the annual
average rate (7.9 yuan per US dollar). The word "demand" is used
interchangeably with "consumption". Totals may not add due to rounding.
Executive Summary
Since the economic reform and open-up in late 1978, China has experienced
nearly over two decades of high economic growth, which has been stimulated by
the consecutive increase of industrial output, consumption and capital
investment. During the period, the national economy has been developed
continuously, high-speed, and healthy. China' s GDP has been growing at 11% per
annum. National industry output has been advancing at 10.3% annually and will
continue to sustain a strong growth into the next century. Though the
deflation has existed in these two years, the national economy has continued
to grow with a sound speed. The fast-growing middle class is creating an
enormous consumer society. As the fastest-growing economy in the world, the
emerging market has attracted the attention of investors and corporations
around the world for the last two decades.
To deepen the reform of state-owned enterprises is a long-term task and needs
great effort. The reform of state-owned economy has witnessed rapid changes in
both economic and social aspects. The introduction of foreign advanced
technology and capitals will continue to be favored by the Chinese government
and business community. New ways will be adopted to utilize foreign
investment, including mergers, acquisition, and investment funds and
securities investment. China will continue to improve its investment
environment in the areas of legal system, intellectual property protection,
foreign trade and investment regulation, infrastructure and financial system.
China is the second largest foreign investment recipient after the United
States in the world. Given its vast market, the country provides tremendous
opportunities for investment and trade both for the present and future.
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