China's Packaging Machinery Market Research Report - PMMI

6. ANALYSIS ON SEGMENTED END USERS
Since the adoption of new policies opening the Chinese market to the outside world
and internal reform policies, China has made notable achievements in the world.
However, in 1997, China was affected by the Asian financial crisis, resulting in
slackness in the national economy. Since 2000, a new rise has taken place in every
sector of industry. Especially in the lines of foodstuff, electronics, beverages,
pharmaceutics and personal care products that are closely related to the people's
daily life. These industries have become major components of China’s national
economy today.
6.1 The Food Industry
Over the past 20 years, China’s foodstuff industry has been increasing at a sustaining,
rapid, growth rate of 10%~12% each year and grown into a pillar industry among
consumer goods industries. According to the State Statistics Bureau, the foodstuff
industry as a whole realized a total profit of RMB 800 billion in 1999, holding a
share of 10.3% of the national industrial output.
6.2 The Electronics Industry
Forecasted by State Statistics Bureau, the overall scale of China’s electronics
industry will be 1.3 trillion RMB in the year of 2001 with the possibility of faster
development rates. The growth rate of the market of infrastructure products will be
approximately 20~25%, while that of the integrated complete computer systems will
also increase. The growth rate of consumer electronics will remain at 10-15%
6.3 The Beverage Industry
In 1990, China’s beverage industry reached an output of 3.3 million tons according
to the statistics of State Statistics Bureau. In 1999, it reached 14 million tons. Along
with increased production, there appears to be more variety and better quality, and
the packaging involved is becoming more diversified.
6.4 The Pharmaceutical Industry
Between 1978~1999, the average annual increase rate of pharmaceutical production
was 17.6%, far above the growth rate of China’s national industries as a whole
during the corresponding periods. At present, there are 6,391 pharmaceutical
manufacturers in China that can produce 1300 compounds for medicine making with
a total output of 360,000 tons, 2 nd in the world in terms of production.
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