Chinese Demand for Coated Paper to Continue Growing
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China's demand for coated paper has grown at a fast pace in the past decade. In the next five years, both production and demand will continue to grow, according to a new report by Research and Markets, Dublin, Ireland, titled the Chinese Markets for Coated Paper. The new study examines China's economic trends, investment environment, industry development, supply and demand, industry capacity, industry structure marketing channels, and major industry participants.
China has experienced more than two decades of high economic growth, which has been stimulated by the consecutive increases of industrial output, consumer consumption, and capital investment, the report notes. China's GDP has been growing at 11% per annum.
National industrial output has been advancing at 10.3% 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 past two decades.
To deepen the reform of state-owned enterprises is a long-term task and needs great efforts, the report continues. 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.
More information is available online.
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