This study focuses on China's Elevators industry assessments and company profiles. In the two past decades, the industry has been growing
at a fast pace. The dramatic expansions of the manufacturing
capabilities and rising consumer consumptions in China have transformed
China's society and economy. China is one of the world's major producers
for industrial and consumer products. Far outpacing other economies in
the world, China is the world's fastest growing market for the
consumption of goods and services. The Chinese economy maintains a high
speed growth which has been stimulated by the consecutive increases of
industrial output, imports & exports, consumer consumption and
capital investment for over two decades. Rapid consolidation between
medium and large players is anticipated since the Chinese government has
been encouraging industry consolidation with an effort to regulate the
industry and to improve competitiveness in the world market.To get more
news about
chinese industry and management practice, you can visit acem.sjtu.edu.cn official website.
Although China has enjoyed the benefits of an expanding market for production and distribution, the industry is suffering from minimal
innovation and investment in R&D and new product development. The
sector's economies of scale have yet to be achieved. Most domestic
manufacturers lack the autonomic intellectual property and financial
resources to develop their own brand name products.
This new study analyzes the industry structure, capacities and output. Major producers' production locations, market shares and
profiles are presented. The primary and secondary research was done in
China in order to access up-to-date government regulations, market
information and industry data. Data was collected from Chinese
government publications, Chinese language newspapers and magazines,
industry associations, local governments' industry bureaus, industry
publications, and in-house databases.
