Abstract
Report Summary
Based on the information from the State Statistical Bureau, General
Administration of Custom, Ministry of Commerce , Development Research Center
of Sate Council, Transformer Industry Statistic Bureau, National Business
Information Center, China Transformer Industry Association, National Economy
Monitoring Center, the newspapers and magazines from domestic and oversea, the
report made analysis on the current status of China Transformer industry, the
development, the import and export, the operation of those big players in
China, competition, industry policies and regulation and so on.
We made lots of analysis on the transformer market, it also contains the
challenge the enterprises faced and the strategy they made. It is a good study
for the transformer enterprises and investors who have interest on the
industry to fully understand the industry development, the market operation in
China, and to make correct competition strategy and investment plan.
Industry Background
China has became the world' s third largest electrical electronics market,
meanwhile China is the fastest growing market in the world. The nationwide
power shortage resulted in the great progress of domestic power industry, also
directly stimulated the demands for power equipments due to the rapidly
increase of investment in power.
The supply of transformer is much more than the demands worldwide. Because
China has such a huge transformer market and cheap labour force, as well as
the proviso on tendering and bidding for big projects plus the favourable
taxation policies, foreign-owned companies, driven by profit, have swarmed
into China since the 1990s, more details will be stated in the report.
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