Overview of China’s Automobile Industry

The automobile industry in China has exhibited strong growth in recent years amid China’s rapid economic growth, continuing urbanization and increasing levels of householdconsumption. According to the National Bureau of Statistics of China, in 2016, the automobilemanufacturing industry ranked third among the major industry sectors in China in terms ofrevenue generated from industrial enterprises whose principal business is automobilemanufacturing.   Passenger and Commercial Vehicle Ma...
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Global Online Game Market Overview

Market Size The global market size of online games was USD 70.3 billion in 2016 and is expected to reach USD 90.3 billion in 2020, representing a CAGR of 6.5%. The overall global online game market is expected to continue to grow, primarily due to the advancement of hardware and Internet technology, interactivity and social networking opportunities, and a diversity of game themes and game play styles. The web game market has experienced significant growth in the past, primarily due to the popu...
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Overview of Oil Industry in China

Due to continuous modernization and urbanization over the past years, China experiences huge energy demand and is one of major oil and petroleum consuming economies in the world. The following figures set out China’s production, consumption and import profile over the 5-year period from 2011 to 2015. While China’s oil production grew at a CAGR of approximately 1.4%, it could not catch up the consumption growth at a CAGR of approximately 5.0% over the same period, resulting in the shortfall being...
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Overview of Semiconductor ATE & FAS Market

Market trends ATEs are an essential component in the semiconductor manufacturing process because it verifies the functionality of the fabricated devices and also identifies faults. The ATE and FAS markets are strongly correlated with the telecommunications, automotive and medical devices industries, whose fundamental components are semiconductors ICs. An IC is akin to the brains of the component that can receive, analyze and transmit data to and from other electronic components. If a product ...
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Overview of the Construction Industry in China

Owing to the booming macro economy and large investment in fixed assets, the total output value of construction in China registered a robust growth in the past few years, rising from CNY 11,646.3 billion in 2011 to CNY 19,356.7 billion in 2016, representing a CAGR of 10.7%. In 2015, due to the decreased growth rate of investment in fixed assets and the arrival of “new normal” phase, the year-on-year growth rate of the total output value of construction demonstrated a downhill from 10.2% in 2014 ...
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Export Value of Coffee from Vietnam Reached USD 3.21 Billion, 2017

According to CRI's information from the Vietnamese government, the export volume of Vietnamese coffee was about 1.42 million tons in 2017. The export value reached USD 3.21 billion. Germany and the U.S. are the first two major export destinations of Vietnamese coffee. Many years ago, Major agricultural exports from Vietnam were rice, rubber, etc. In recent years, however, traditional products such as rice have been overshadowed by coffee with the rapid increase of coffee export. Coffee planti...
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Export Value of Vietnamese Textile and Garment Industry Exceeded USD 30 Billion , 2017

The export value of Vietnamese textile and garment industry is expected to reach USD 31 billion, up by 10.2% YOY, due to the breakthroughs of the industry in 2017. However, according to CRI, garment raw materials and equipment still depend heavily on import for the industry chain is not perfect. But Vietnamese textile industry still has its own advantages such as government favorable policies, low labor costs, high education level, low prices of land and energy. Although TPP did not come i...
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Analysis on Theme Park Industry in China

In recent years, China has witnessed a rapid growth in tourism. As post-80 and post-90 generations become the mainstay of customers, family tours, especially those of young post-80 generation families have taken up the majority of the market. China ranks the first in the world in the number of visitors and in the amount of consumption both home and abroad. When GDP per capita in a country or a region reaches USD 5,000, a tourism resort economy matures naturally. In 2015, a GDP per capita over...
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Import of Condoms in China Up by 65.8% YOY from Jan. to Nov. 2017

The total imported value of condoms in China reached USD 220.85 million, up by 65.8% YOY, from January to November, 2017. According to CRI’s analysis on data from China Customs, major sources of imported condoms in China were Taiwan, Malaysia, Thailand and Japan. The demand for quality condoms grows with the development of the economy and the improvement of livelihood. Although China is the largest condom producer and exporter, it lacks famous domestic brands, which result in the low-end market ...
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New Policy of Automobile Industry Would Be Implemented in Vietnam from Jan.1, 2018

According to CRI’s information from the Vietnamese government, the new policy of automobile production and sales would be implemented in Vietnam from Jan. 1, 2018. The main contents include: (1) Imported cars from ASEAN are exempted from import duty, but more than 40% of auto parts should be manufactured in ASEAN. (2) The import tax of parts of passenger vehicles with less than9 seats is cut to zero, but assembly plants are in demand in Vietnam. Also, the assembly volume of passenger vehicles (w...
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