China's Packaging Machinery Market Research Report - PMMI

3. The trend toward centralization.
2389 electronics enterprise in 1999 were 525 less than the year before.
Among them were 384 large-scale ones whose industrial added value was
RMB 67.1 billion, accounting for 63% of the total, 3.1 percentage points
higher than the average rate. The annual profit per capita of the electronics
industry was RMB 133.34 million, 5% higher than the year before.
(III) The obvious trend of globalization of technology, production, formation of
complete set, and market; strengthened role of joint ventures in the industry
The global electronics industry is undergoing the reorganization of structure
and pattern. With the advantage in capital, technology, and brand,
transnational corporations are vying for China, an enormous market. This
results in an international competition in China and the globalization of
domestic market. Nowadays, China has become an important part of the
international electronics product market.
Tendency of China’s electronic market for the year 2001
(I) The estimated value will be USD152.9 billion and remain the brisk
momentum.
(II) Technological progress will exert important effect on electronic
market. The progress reduces cost, upgrade the product, but also
shortens the life circle of the commodities, thus provides the premise
for expanding enterprise scale and market share.
(III) Technological renovation makes in vestment easier; enterprises of
electronic industry enter into the market at lower cost. On the other
hand, with the profound change, many new types of business and
service crop up, and the annex and reorganization regardless of trade,
nation is taking place as the traditional trades disappear,
interpenetrate, and overlap.
The demand of China’s electronics enterprises for imported packaging machinery
The development of electronics industry in China demands more advanced
automatic packaging machinery. All the large-scale and solely foreign
funded electronics enterprises import complete set of production lines,
including superior packaging equipment. It becomes harder for domestic
packaging machinery to find its way to the mentioned two types of
enterprises.
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