2009年4月21日

China National Waterproof Building Materials Industry Association

Our association was approved by China National Building Materials Industry Bureau in 1984. It has been registered by Civil Administration Ministry, directed and supervised by China National Economy and Trade Committee and Society Registration and Management Institute of Civil Administration Ministry.

According to relevant laws and regulations, this association is voluntarily organized by nationwide production, research, design, construction and business units such as enterprises, institutes, colleges and universities in waterproof materials industry to form a national non-profit, self-discipline organization. As a social economic group, its legal person is the social group.

The principles of our association are: abide by National Constitution, laws and policies; insist on serving for member units, waterproof industry, government and the society; play the roles of bridge and ligament; maintain national benefits and the legal rights of the member units and the industry; maintain the morality of the society; standardize the market; reasonablize the competitions, and promote the healthy development of the waterproof industry.

http://www.cnwb.net/

Hobbled US giants face China carmakers in Shanghai

Hobbled US giants face China carmakers in Shanghai

SHANGHAI (AFP) — Troubled US auto giants will square off against Chinese newcomers in Shanghai this week as they try to pull ahead in what has suddenly become the world's number one car market.

Despite seeking government life support at home, Ford Motor Company and General Motors Corp had banner months in China, which has overtaken the United States to be the world's largest auto market for three months running.

But Chinese manufacturers such as Geely and Chery also had strong months and, sensing blood in the water, they see a chance to break out as global names.

"The economic slowdown offers real opportunities for Chinese domestic car makers," said Klaus Paur, automotive director for research firm TNS China, ahead of Monday's start of the Shanghai international auto show.

Government incentives, such as tax rebates on smaller engine cars, helped drive China's auto sales to a monthly record of 1.08 million units in March.

Vehicle sales in the first quarter rose almost six percent from a year earlier to 2.64 million units, according to official figures.

Despite strong first quarter sales, 45 percent of prospective car buyers in China postponed purchases due to concerns over the economy, and a quarter have cut their budget, according to a TNS survey of more 1,000 mainland consumers.

These factors favour Chinese carmakers, who typically make cheaper vehicles than their foreign competitors, according to Paur.

"They can benefit from the cautious consumer behaviour and position themselves as attractive alternatives to foreign brands," he said.

Nevertheless, GM said it set a monthly sales record in China last month and has announced plans to double its annual sales here to two million units within five years.

"We're pretty well-placed to do a lot of growth at the moment without having to spend a lot of money," Kevin Wale, head of GM China Group told the Wall Street Journal last week.

Ford is also aggressively pushing forward in China, promoting cars such as its four-door Fiesta, which benefit most from Beijing's small engine rebates.

Meanwhile, their Chinese competitors are trying to gain a foothold on the US giants' traditional territory.

Independent Chinese carmakers Geely Automobile and Chery Automobile both plan massive displays built around their first American-style luxury sedans.

Geely will showcase its high-end "Emgrand" while Chery will tout its upmarket "Riich G6", which will initially be aimed at the Chinese market but which the makers hope eventually to sell in the United States and other developed countries.

"We've targeted the international stage from the very beginning," Chery said in a statement issued on Friday.

Chinese car makers are also set to showcase electric and hybrid cars as they seek to beat their US rivals on the environmentally friendly front at home and abroad.

However, despite Chinese automakers' bluster, a global brand has yet to emerge from the country's fragmented car industry, comprising more than 100 manufacturers, many propped up by regional governments.

The central government has repeatedly called for consolidation, but restructuring experts Alix Partners sum up the progress so far as "much hype and very little action".

Auto parts makers, which unlike car manufacturers often do not have government support, look shaky with more than 40 percent saying they fear severe liquidity problems and some may collapse, an Alix Partners study said.

Failing suppliers will have a knock-on effect on car makers, Alix Partners China managing director Ivo Naumann said.

"If your production process stops for one day because one of your suppliers can't deliver or went out of business you will have significant problems because you are incurring costs that are enormous," he said.

He predicted the industry consolidation would start with suppliers over the next 12 to 24 months.

Overseas investors moving west amid financial crisis(Xinhua)

Overseas investors moving west amid financial crisis(Xinhua)
Updated: 2009-04-21 17:13 Comments(0) PrintMailA Hong Kong-based energy firm has located its regional headquarters in the ancient Chinese capital of Xi'an, one of the latest overseas companies to seek opportunities in western China amid the global financial crisis.

Eco Service Management Company Ltd, a wholly-owned subsidiary of the Hong Kong and China Gas Company Limited (Towngas), set up its regional headquarters at a high-tech zone on the outskirts of Xi'an last week, said Song Haiyang, spokesman of the high-tech zone.

"It was the first overseas company to locate regional headquarters in Xi'an," Song said Monday.

Alfred Chan, managing director of Towngas, said he and his colleagues were impressed with the infrastructure in Xi'an and services offered at the high-tech zone.

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Chan said Eco Service would handle all the business of its parent company, the Hong Kong-registered Eco Environmental Protection Investment Company, in China's interior regions, including the exploitation and use of coalbed methane and natural gas, coal-based energy and chemical engineering.

Prior to the establishment of the Xi'an branch, Eco Service had reached energy investment agreements with partners in Shaanxi, Guangdong and Jiangsu provinces as well as Inner Mongolia Autonomous Region, with a combined value of 15 billion yuan ($2.15 billion), said Chan.

The company plans to invest another 15 billion yuan in the interior regions in the coming five years, he said.

While the global financial crisis has shut down many foreign-funded businesses along China's southern and eastern coasts since last year, a growing number of investors are moving westward to seek opportunities.

Last month, ABB, a leading power and automation technology group, announced the opening of a new engineering center in southwest China's Chongqing municipality.

Tobias Becker, head of the Process Automation Division for ABB North Asia Region and ABB China, said the center would "consolidate the strategic importance of Chongqing" in the company's overall business deployment.

"China has more leeway for investors in time of the financial crisis, given its huge market demand and vast expanse of territory," said leading economist Hu Angang. "When the east gets dark, the west offers some light."

China's decade-long policy to foster development in its western regions was beginning to pay off, said Prof. Yin Xingmin with the Shanghai-based Fudan University. "Expansion of fixed asset investment has improved infrastructure and narrowed the gap between China's east and west."

As a result, several western provinces and regions were expecting to outpace the national economic growth this year, he said. "The northwestern Shaanxi Province, for example, is aiming at a 13-percent growth rate this year, compared with the 8-percent projected national GDP growth."

Shaanxi vice governor Zhao Yongzheng said the confidence was fueled by the growing number of investment projects, including 42 energy projects with a combined value of 42.8 billion yuan a year, 27 equipment manufacturing projects valued at 7.4 billion yuan a year, 10 high-tech projects of 1.3 billion yuan and 37 infrastructure construction projects with 40.8 billion yuan of annual investment.

Some observers, however, warn that western China should not be too optimistic. "The western regions generally lack the economic capacity and competitiveness to tackle the financial crisis," said Du Ying, deputy head of the National Development and Reform Commission (NDRC). "They will need more efforts and longer time to shake off the impact."

Compared with wealthier eastern provinces, the fledgling, singular and very often resource-based economies of western regions were more fragile in the global downturn, said Shi Ying, deputy head of the Shaanxi Provincial Academy of Social Sciences. "Some businesses are already feeling the chill."

He cited the Fast Group, the province's leading auto equipment producer and exporter, which reported an 80-percent drop in orders in the first quarter.

Lack of orders and falling prices on the international market had caused many resource-based companies in western China to cut production, or even close down, he said.

"Nearly all the western provinces and regions need to transform from resource-based and singular economies to more sustainable and diversified patterns," said Shi.

While Shaanxi was fostering high-tech industries, its western neighbors Gansu and Xinjiang were exploiting wind power hoping to parallel the Yangtze's Three Gorges Dam in terms of power generating capacities, he said.

"The impact of the financial crisis on western China is sometimes indirect and gradual," said NDRC's deputy head Du Ying. "The western regions need to overhaul their industries and expand cooperation with the eastern provinces to solve their common problems."

Abbott finds investors, opportunities in China

Abbott finds investors, opportunities in China
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April 20, 2009 06:05:00 PM
By DANIEL CARSON / News Herald Writer
PANAMA CITY BEACH — Hope Abbott's first trip to China gave her not only a glimpse into that country's growing investor class but also a new business venture in the world's fastest-growing economy.

Abbott, a real estate agent with Panama City Beach's Counts Real Estate Group, said it won't be her last visit to the Chinese mainland.

"This trip pretty much sold me on focusing on that market. I feel very good about it," Abbott said Friday.

Abbott was one of 50 U.S. Realtors to attend the 2009 America is for Sale Expo, a four-day real estate expo held in Beijing and designed to expose Chinese investors to American real estate properties.

She and her husband, Lewis "Bud" Abbott, took materials promoting Panama City Beach and regional properties, as well as a progress chart for the Panama City-Bay County International Airport relocation project.

Her presence at the expo attracted the attention of a Beijing television station, as well as visits with several Chinese investors.

Abbott said she was impressed with the volume of expo visitors, and the number of investors interested in buying U.S. properties.

Some investors wanted second homes, Abbott said, while others were looking for property where they could visit or send their children to if they attend an American university.

"They were all like, ‘We want a large garden,'" Abbott said.

In spite of the downturn in the U.S. housing market, and the domestic economy in general, Abbott said she didn't experience any investors who were wary of the American market.

A lot of the expo visitors were young investors, and Abbott said they asked a lot of questions about U.S. housing prices and how much those prices had dropped.

At the expo, Abbott said she and her husband met with officials from Four Seasons Real Estate Trade Fair Beijing, a company she described as the largest international real estate expo organizer in China.

The company holds the expos on a quarterly basis, and Abbott was able to attend Four Seasons' March event during her Beijing trip.

Abbott said she would attend Four Seasons' international real estate expo in June and planned to visit China on a quarterly basis to participate in the company's expos.

She said she also reached an agreement with the company to display her Florida listings in Four Seasons' Beijing office for walk-in investors.

"So I'll have ongoing business over there and be able to market my business from over here," Abbott said Friday, calling the Four Seasons deal "a huge opportunity."

Abbott will be taking three Bay County real estate agents with her to the June expo, she said.

Based on her conversations with investors in Beijing, Abbott said she expects there to be Chinese visitors in the Panama City Beach market this summer.

As she prepares for her next China trip, Abbott said she's working on her fluency in Mandarin and hopes to eventually learn the language.

"Ill have an interpreter, but I'd feel more comfortable learning the language," she said.