April 23, 2012

News Letter China March 2012


   
 D'WellResearch ..... Updates on China 
   
 Highlights of March 2012 
 
 
 Telecom 
 
  • The number of Chinese mobile phone users topped 1 billion as of the end of February, the Ministry of Industry and Information Technology (MIIT) said on Friday.
  • China to become largest smartphone market in 2012.
 
 Information Technology 
 
  • The revenue of China's software and information technology (IT) service industry will increase at an annual growth rate of over 24.5 percent to exceed 4 trillion yuan ($635 billion) by 2015.
  • China's online gaming industry is recovering from a slump that started in 2010, and its market scale is expected to exceed 100 billion yuan ($15.9 billion) by the end of 2015.
 
 Automobile & Aviation 
 
  • The Surge in China's Auto Sales May Soon Slow.
  • Aviation industry to take off in China.
  • Passenger numbers at China's airports hit 620.5 million in 2011, up 10 percent year-on-year, the country's civil aviation authorities said.
 
 Energy 
 
  • China's wind market bubble will deflate as the industry enters the worst year in its history, according Spanish wind turbine maker Gamesa.
 
 Medical & Pharmaceutical 
 
  • China Medical Device market to grow at a CAGR of 16.5 percent over the period 2011-2015.
  • China has pledged to promote equal access to medical care services for its citizens and significantly improve the quality and efficiency of medical services by 2015.
  • The pharmaceutical industry posted a 21.4 percent year-on-year growth in output value for the first two months to 234.27 billion yuan, with the growth rate down 7.1 percentage points from 2011.
 
 Food & Grocery 
 
  • China becomes world's largest food market.
 
 Lifestyle & Luxury 
 
  • Younger generation prefers smaller vehicles and tends to stay loyal when upgrading, say experts.
  • More Chinese go gym for fitness and expanding the market for the fitness and slimming industries in China.
 
   


 

Vol-1, Issue-3
April 2012
(c) - D'Well Research
 
 

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