Think:act content

June, 2009

In November 2008, we were bold enough to present three scenarios for the economic crisis and offer our assessment of how developments would unfold. We argued that the duration and intensity of the crisis depends on getting financial markets working again and on governments making effective interventions. Back in winter, it was not yet clear how hard individual industries would be hit by the downturn and how the BRIC states would react to the crisis. …  >>

June, 2009

Being closely linked to the macro economy, the equipment manufacturing industry has undergone the intensifying impact from the global economic crisis, and the growth in sales value of industry dropped from 32% in 2007 to 24% in 2008 and 4% in 2009 Q1. The economic downturn has directly suppressed the needs of downstream application industries for equipment manufacturing. Due to the big impact on the export, the previous pattern of export-based fast-growing economy was broken …  >>

June, 2009

As the advantageous competitive industry, important traditional industry and key livelihood industry in China, the textile industry always significantly contributes to the booming market, expanding export, employment opportunities and urbanization process. However, it has been wrestled with issues such as surplus productivity, irrational industry layout, low added value, high energy consumption, etc., which are exacerbated by the shrinking exports, insufficient orders and heavy profit pressure caused by the global financial crisis. …  >>

June, 2009

The output value of China’s CE industry exceeded RMB800 billion in 2008. According to the statistic data of China Household Electrical Appliances Association (CHEAA), China’s TVs, refrigerators and washing machines accounts for 40% of the global output, and microwave ovens even reach 80%. Within merely 30 years, China has developed into the global CE manufacturing center and fostered local well-known brands such as Haier, Midea and Galanz. Thus the CE industry features the highest market-oriented level in the country. …  >>

June, 2009

China’s shipbuilding industry has been the well-deserved star over the past two years. The booming market improved the shipbuilding capability in the country. As of 2008, the completion of China’s civil shipbuilding sector broke 28 million deadweight tons, a compound annual growth rate of 35% over 2003. …  >>