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September 22, 2005

The Chinese Market for Acrylonitrile-Butadiene-Styrene (ABS) is On the Up

Dublin (PRWEB) September 22, 2005 -- Research and Markets (http://www.researchandmarkets.com/reports/c24519) has announced the addition of Chinese Markets for Acrylonitrile-Butadiene-Styrene (ABS) to their offering

This report examines China's macroeconomic trends, investment environment, ABS industry structure and capacity, production and demand, end-use market consumption trends, distribution channels and principal industry participants. Long-term forecasts for major ABS production and demand are included. Key producers are profiled. Top Chinese ABS producers are listed in the producer directory section.

Most primary and secondary research was 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 language newspapers and magazines, Chinese chemical industry associations (including Chinese plastic industry associations, local governments' chemical industry bureaus), plastic industry publications, and our in-house databases. Interviews were conducted with Chinese industry experts, university professors, and ABS producers in China.

China has experienced over two decades of high economic growth, which has been stimulated by the consecutive increases of industrial output, consumer consumption and capital investment. China's GDP has been growing at 9.8% per annum. National industry output has been advancing at 15% annually and will continue to sustain a strong growth into the next decade. The fast-growing middle class is creating an enormous consumer society. As the fastest-growing economy in the world, the emerging market has attracted the attention of investors and corporations around the world for the last two decades.

To deepen the reform of state-owned enterprises is a long-term task and needs great efforts. The reform of state-owned economy has witnessed rapid changes in both economic and social aspects. The introduction of foreign advanced technology and capitals will continue to be favored by the Chinese government and business community.

New ways will be adopted to utilize foreign investment, including mergers, acquisition, and investment funds and securities investment. China will continue to improve its investment environment in the areas of legal system, intellectual property protection, foreign trade and investment regulation, infrastructure and financial system. China is the second largest foreign investment recipient after the United States in the world today. Given its vast market, the country provides tremendous opportunities for investment and trade both for the present and future.

For more information visit http://www.researchandmarkets.com/reports/c24519

Laura Wood
Senior Manager
Research and Markets
Fax: +353 1 4100 980

Posted by Industrial-Manufacturing at September 22, 2005 10:40 AM

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