Abstract
Report Scope and Methodology
This report examines China' s macroeconomic trends, investment environment,
plastic pipe industry structure and capacities, production and demand, enduse
market consumption trends, distribution channels and industry participants.
Long-term forecasts for major plastic pipe production and demand are included.
The report contains over 78 tables and charts. Key plastic pipe producers and
major plastic resin suppliers are listed and profiled. Major research
institutes and trading companies are also listed.
Most primary and secondary research is 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 official
website, China' s official statistic organization, Chinese chemical online
databases, Chinese plastic industry associations, local governments' chemical
industry bureaus, and plastic pipe industry publications. Interviews are
conducted with Chinese plastic industry experts, university professors, and
plastic pipe producers in China.
Historical data include 1996, 2001 and 2006. Longterm 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 refers to the real-time exchange rate
published by China Central Bank. The word "demand" is used interchangeably
with "consumption". Totals may not add due to rounding.
Executive Summary
The Chinese economy maintains a high speed growth which has been stimulated by
the consecutive increases of industrial output, import & export, consumer
consumption and capital investment. Since its opening-up and reform, China
becomes the 6th economic entity in the world with GNP breaking RMB 20 trillion
yuan. In recent years, under the background of global economy recession, China
remains an average growth rate around 9%, remaining one of the countries with
the fastest economy growth.
China' s economy development has its unique characteristics. First of all,
under the obvious slowdown of global economy, China realizes the rapid growth
of economy by sticking to the policy of expanding domestic demand and firmly
implementing proactive fiscal policy and moderate monetary policy. Secondly,
economic structure adjustment obtains positive progress. The agriculture
structure has been optimized and high quality and special farm products have
been increased. High-tech industries such as information and biology industry
have developed rapidly. The reconstruction of traditional industries and the
capacity of eliminating backward production have obtained comparatively great
headway. Infrastructure construction has made remarkable achievement in
completing a set of key projects including highway, railway, interstate road,
key water control project and rural electricity network reconstruction.
Western development is launched smoothly and import ant project s such as
Qinghai- Tibet railway and transmission of electricity from the western to the
eastern region has started. Thirdly, the quality and efficiency of economic
growth have been further improved. Industrial enterprises output value
increase constantly. With the great increase in the taxation, national fiscal
revenue realized two digital growths. Fourthly, the foreign economic & trades
have been further expanded. The total volume of import and export has broken
US$1,760 billion, of which export volume mounts to US$969.1 billion and import
volume mounts to US791.6 billion, up 29.5% and 26.6% annually respectively in
the last 5 years. Finally, the people' s living standard is continuously
improved. The per capita disposable income of residents in cities and towns
actually increases by 11.4%. Social security expenditures have been greatly
increased in the finance of central and local governments. The subsistence
allowances for laid-off workers and basic pensions for retirees have been
basically fully granted on time. The State lifts the level of pension of
retirees and employees of public institutions and organs and increases the
basic pension of retirees. The burden of farmers has been relieved by
eliminating the agriculture tax, which exist for thousands of years, improve
the grain price greatly, speeding up the reconstruction of rural electricity
network and trimming the price of electricity. The markets of urban and rural
areas have developed prosperously, and the living condition and transportation
have been further improved.