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China is the largest steel giant in the world, producing and consuming half of the global steel. As China develops towards industrialization era, the demand of steel has expanded accordingly to the requests of industry. Investments in construction, manufacturing, infrastructure even national defense have driven the nation’s dramatic economic growth at an average of 9.7% … Read more
China signed a new action plan (“The open Door Policy”) aiming to make the world’s second-largest economy a force in globalization. We are now experiencing the ‘Chinese Century’. Massive demands for quality life and better healthcare are created due to rapid increase in income levels and urbanization in China. These emerging opportunities have been spreading … Read more
The plastic processing industry in China has been confronting a number of challenges including low level of technology, high production costs, lower export (drops by 4% in 2016) and out-of-date product standard. Although the economy continued to cool down in 2016 and difficulties are expected, China remains to be the largest market and key force … Read more