Four Market Drivers of Smart Grid Development
To deal with energy shortage challenge, power grid must be improved to provide less transmission and conversion loss, smart functions must be available for network monitoring, and two-way electricity transmission must be possible. In this market intelligence report, COC summarized four market driver for smart grid development in China and the opportunities for international semiconductors and component suppliers.
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Electric Car Drives China Battery Market
China¡¯s Ministry of Industry and Information Technology (MIIT) developed a plan to reform China¡¯s automotive industry indicating that China will have a half million units of production capacity of pure electric and hybrid vehicles by 2013. The new energy vehicle market will reach US$ 74 billion (RMB 500 billion). In this market intelligence report, China Outlook Consulting analysts share with you government subsidy program for new energy vehicle production, widely application of batteries and your opportunities.
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China Electronics Manufacturing Back to Growth Track
China electronics total shipment at Q1 of 2010 showed high growth along with the recovery of world economy. The top growth sectors are computer products, home A/V products, and component/semiconductor products. However, telecom infrastructure equipment was a slow growth sector due to reduced export and domestic market demand. In this marketing intelligence report, China Outlook Consulting analysts will look into Q1 total industry shipment, export, and capital equipment investment by product and geography and market demand for semiconductors and components.
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Industry Watch:China's Vehicle Trade Subsidy Program
China's vehicle trade-in subsidy program has achieved remarkable results after the State Council raised the subsidy at the beginning of this year.
From January 1 to May 24, some 90,000 vehicles have applied for subsidies, 5.9 times as many as before the rise. In May, the daily average application reached 2,758 units, 18 times as many as before the change.
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China's Special Purpose Vehicle Market to Grow Rapidly
Infrastructure construction in China and urbanization will push up domestic demand for special purpose motor vehicles, especially construction vehicles and engineering trucks.
China has had the second longest network of highways since 2001. It finished construction of 4,719 km of expressways last year and launched the construction of another 16,000 km, as investment in infrastructure grew.
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China to Expand Home Appliance to Village Program
China's Ministry of Commerce (MOC) recently announced to expand the home appliance replacement scheme to 28 cities and provinces from the nine existing pilot areas.The 19 new regions in the scheme will include Hebei, Shanxi, Liaoning, Jilin, Anhui, Fujian, Jiangxi, Henan, Hubei provinces and Dalian, Xiamen, and Chongqing.
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China to Release Regional Plan for Yangtze River Delta
China's State Council released the Regional Plan for the Yangtze River Delta
According to the plan, the Yangtze River Delta will be developed into a key international gateway for the Asia-Pacific region, an important global center for the modern service industry and advanced manufacturing industry, as well as a world-class cluster of cities.
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Company Watch: UnionPay and China Telecom to Work on Mobile-Phone Payment
China UnionPay, a Shanghai-headquartered bankcard association, and China Telecom inked an agreement on cooperation in the fields of finance payment and communication services, jointly expanding the application of bankcard in communication and e-commerce sectors.
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Charts and Tables
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