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China's Packaging Machinery Market Research Report - PMMI

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6.5 The Personal Care Industry<br />

By 2010, the total national gross sales in the line of personal care industry will reach<br />

RMB 80 billion with a sustaining annual increase rate of 12.9%, as forecasted by<br />

China State Statistics Bureau.<br />

6.6 An Analysis on the Sample Enterprises of the Five Industries<br />

(1) Each interviewee comes from a large or medium enterprise in its own industry<br />

sector, who has a good business standing, advanced technology and promising<br />

prospects for development<br />

(2) Each interviewee feels the necessity to import advanced packaging machinery<br />

and equipment to stay more competitive in the market. Each company has strong<br />

financial resources to devote to this purpose if need be.<br />

(3) Some of the interviewed enterprises are Chinese state-owned and operated. In<br />

order to realize the industrial reform and restructuring, the Chinese government<br />

will consider offering favorable fiscal policies towards to them in terms of<br />

upgrading the existing equipment.<br />

(4) From the standpoint of the customers, with the rise of people's living standards,<br />

they become more demanding for a better commodity package.<br />

(5) Enterprises who wish to enter the international market with their products feel<br />

strongly that they need to improve the packaging of their products.<br />

42

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