China Economy Forum

[CommonCause]

Thanks for the explanation.

How do the 5-year plans effect SOEs?

 

[Nomenclature]

Thanks for the explanation.

How do the 5-year plans effect SOEs?

They are supposed to help realizing the plan, but how they're going to do it usually are up to the management at each company.

 

[unicorn]

Chinese Commercial Plane MA600

AVIC's MA600 is making its international debut at the 2011 Dubai Air Show. The 60-seat aircraft will perform daily demo flights throughout the show. Here are some photos of the Chinese-made turboprop practising its display

PHOTOS: China's MA600 at the Dubai Air Show

 

[oct605032048]

DisplaySearch Raises 2011 China PC Shipment Forecast to 100 Million Units, Despite Weak Global Demand

DisplaySearch Raises 2011 China PC Shipment Forecast to 100 Million Units, Despite Weak Global Demand - DisplaySearch

Lenovo Strengthens Position in LCD Monitor, Desktop PC and Mobile PC Segments in China
Santa Clara, CALIF., November 14, 2011—According to the latest research from the DisplaySearch Quarterly China PC Shipment and Forecast Report, the company has increased its 2011 forecast for total China PC market shipments, which includes desktop PCs, all-in-one (AIO) PCs and mobile PCs (notebooks, mini-notes and tablets) from 95 million to more than 100 million units, accounting for a 25% Y/Y increase.
“Despite weak global demand, PC market growth in China continues to outpace the rest of the world,” noted Robin Wu, DisplaySearch China PC/IT analyst. “The rapid development in the region as part of the country’s strategy to develop western China over the past 10 years ultimately resulted in the China PC market growth exceeding expectations.”
As a result of the strong growth, DisplaySearch has increased its 2011 shipment forecast of Desktop PCs from 51.6 million units to 52.4 million units, AIO PCs from 2.5 million to 3.8 million units and mobile PC from 40.8 million to 47.4 million units.
Figure 1: China PC Market Shipment Forecast by Application

Source: DisplaySearch Quarterly China PC Shipment and Forecast Report
Q2’11 Tablet PC Shipments Reach 2.4M; 2011 Forecast Upgraded to 10M Units
DisplaySearch previously forecast 2011 tablet PC shipments at 3.4 million units; however, Q2’11 has far exceeded this estimate, reaching 2.4 million units. The growth was attributed to aggressive pricing strategies by brands, including Lenovo. DisplaySearch has raised its 2011 tablet PC shipment forecast to 10 million units, accounting for a 10% share of the total China PC market. Apple continues to lead in tablet PC brands in China, while other brands like Lenovo, Acer and Samsung are also increasing their efforts. Lenovo’s successful strategy to sell its 7” A1 Lepad for $155 (CNY1,000) could increase price competition and ultimately increase shipments further.
DIY Market Approach Accounts for Majority of China PC Market
The do-it-yourself (DIY) market, which consists of self-built PCs that have a monitor included as part of a complete solution, still accounts for a significant share of the overall China PC market. 2011 shipments are expected to exceed 20 million units. Great Wall, a local brand, is experiencing strong growth in both the AIO PC and DIY PC segments. The company’s parts-in-one (PIO) concept (an AIO DIY solution) could provide additional growth opportunities for the PC market in this region.
Lenovo Leads China PC Market, While AOC Continues to Capture Market Share
Lenovo’s leading position in the China PC market is strengthened by its efforts in the LCD monitor, desktop PC and mobile PC segments with a 23.6% share of the total China PC market. AOC’s share was 8.5%. The combined market share of Lenovo + AOC reached 32.1% in Q2’11 compared to 27.6% in Q1’11, and Lenovo’s shares in all market segments grew in Q2’11.
“Lenovo and AOC are known in the China PC market for their initiatives in managing sales channels, which is crucial when market demand is in a relatively weak phase. Their sales channels’ brands can always reach end customers faster and more sufficiently than their competitors,” Wu said.
“In the shadow of a weak global economy, a high Consumer Price Index and inflation, China PC market growth is also facing difficulty in the consumer market. This is causing leading brands like Lenovo and AOC, who have good control of sales channels, to grow at a faster pace than other players in the market and grab more market shares,” Wu added.
Table 1: China PC Market Share by Manufacturer

Brand
Desktop
Monitors
Mobile PCs
Q2 11 Total
Q2'11
Total PC Share
1
Lenovo
2,853
3,090
5,943
23.6%
2
AOC
2,142

2,142
8.5%
3
Acer Group
1,292
712
2,004
8.0%
4
Dell
801
1,156
1,957
7.8%
5
Apple
95
1,662
1,756
7.0%
6
Samsung
1,143
373
1,516
6.0%
7
Asus
167
1,207
1,374
5.5%
8
HP
788
476
1,263
5.0%
9
Philips
996

996
4.0%
10
LGE
560
2
562
2.2%
11
Great Wall
486

486
1.9%
12
Haier
261
162
422
1.7%
13
Tongfang
343

343
1.4%
14
ViewSonic
304
6
310
1.2%
15
Toshiba

284
284
1.1%
Source: DisplaySearch Quarterly China PC Shipment and Forecast Report
The DisplaySearch Quarterly China PC Shipment and Forecast Report represents the first collective look at the entire personal computer market in mainland China, including tablet PCs, desktop PCs, all-in-one PCs, notebook PCs, and mini-notes. It provides the most comprehensive survey of domestic PC brands and associated products, such as desktop monitors, indicating an accurate picture of the China PC market (due to the popularity of building DIY systems in China). It highlights the unique nature of the domestic China PC business and offers comparisons with other regions of the PC market.
For more information on this report, please contact Charles Camaroto at 1.888.436.7673 or 1.516.625.2452, or contact@displaysearch.com or contact your regional DisplaySearch office in China, Japan, Korea or Taiwan.
About DisplaySearch
Since 1996, DisplaySearch has been recognized as a leading global market research and consulting firm specializing in the display supply chain, as well as the emerging photovoltaic/solar cell industries. DisplaySearch provides trend information, forecasts and analyses developed by a global team of experienced analysts with extensive industry knowledge. In collaboration with The NPD Group, its parent company, DisplaySearch uniquely offers a true end-to-end view of the display supply chain from materials and components to shipments of electronic devices with displays to sales of major consumer and commercial channels. For more information on DisplaySearch analysts, reports and industry events, visit us at DisplaySearch is the worldwide leader in display market research and consulting - DisplaySearch. Read our blog at DisplaySearch Blog | The Official Blog of DisplaySearch, an NPD Group Company and follow us on Twitter at @DisplaySearch.
About The NPD Group, Inc.
The NPD Group is the leading provider of reliable and comprehensive consumer and retail information for a wide range of industries. Today, more than 1,800 manufacturers, retailers, and service companies rely on NPD to help them drive critical business decisions at the global, national, and local market levels. NPD helps our clients to identify new business opportunities and guide product development, marketing, sales, merchandising, and other functions. Information is available for the following industry sectors: automotive, beauty, commercial technology, consumer technology, entertainment, fashion, food and beverage, foodservice, home, office supplies, software, sports, toys, and wireless. For more information, contact us or visit http://www.npd.com/ and NPD Group Blog. Follow us on Twitter at @npdtech and @npdgroup.

---------- Post added at 06:37 AM ---------- Previous post was at 06:37 AM ----------

DisplaySearch Raises 2011 China PC Shipment Forecast to 100 Million Units, Despite Weak Global Demand

DisplaySearch Raises 2011 China PC Shipment Forecast to 100 Million Units, Despite Weak Global Demand - DisplaySearch

Lenovo Strengthens Position in LCD Monitor, Desktop PC and Mobile PC Segments in China
Santa Clara, CALIF., November 14, 2011—According to the latest research from the DisplaySearch Quarterly China PC Shipment and Forecast Report, the company has increased its 2011 forecast for total China PC market shipments, which includes desktop PCs, all-in-one (AIO) PCs and mobile PCs (notebooks, mini-notes and tablets) from 95 million to more than 100 million units, accounting for a 25% Y/Y increase.
“Despite weak global demand, PC market growth in China continues to outpace the rest of the world,” noted Robin Wu, DisplaySearch China PC/IT analyst. “The rapid development in the region as part of the country’s strategy to develop western China over the past 10 years ultimately resulted in the China PC market growth exceeding expectations.”
As a result of the strong growth, DisplaySearch has increased its 2011 shipment forecast of Desktop PCs from 51.6 million units to 52.4 million units, AIO PCs from 2.5 million to 3.8 million units and mobile PC from 40.8 million to 47.4 million units.
Figure 1: China PC Market Shipment Forecast by Application

Source: DisplaySearch Quarterly China PC Shipment and Forecast Report
Q2’11 Tablet PC Shipments Reach 2.4M; 2011 Forecast Upgraded to 10M Units
DisplaySearch previously forecast 2011 tablet PC shipments at 3.4 million units; however, Q2’11 has far exceeded this estimate, reaching 2.4 million units. The growth was attributed to aggressive pricing strategies by brands, including Lenovo. DisplaySearch has raised its 2011 tablet PC shipment forecast to 10 million units, accounting for a 10% share of the total China PC market. Apple continues to lead in tablet PC brands in China, while other brands like Lenovo, Acer and Samsung are also increasing their efforts. Lenovo’s successful strategy to sell its 7” A1 Lepad for $155 (CNY1,000) could increase price competition and ultimately increase shipments further.
DIY Market Approach Accounts for Majority of China PC Market
The do-it-yourself (DIY) market, which consists of self-built PCs that have a monitor included as part of a complete solution, still accounts for a significant share of the overall China PC market. 2011 shipments are expected to exceed 20 million units. Great Wall, a local brand, is experiencing strong growth in both the AIO PC and DIY PC segments. The company’s parts-in-one (PIO) concept (an AIO DIY solution) could provide additional growth opportunities for the PC market in this region.
Lenovo Leads China PC Market, While AOC Continues to Capture Market Share
Lenovo’s leading position in the China PC market is strengthened by its efforts in the LCD monitor, desktop PC and mobile PC segments with a 23.6% share of the total China PC market. AOC’s share was 8.5%. The combined market share of Lenovo + AOC reached 32.1% in Q2’11 compared to 27.6% in Q1’11, and Lenovo’s shares in all market segments grew in Q2’11.
“Lenovo and AOC are known in the China PC market for their initiatives in managing sales channels, which is crucial when market demand is in a relatively weak phase. Their sales channels’ brands can always reach end customers faster and more sufficiently than their competitors,” Wu said.
“In the shadow of a weak global economy, a high Consumer Price Index and inflation, China PC market growth is also facing difficulty in the consumer market. This is causing leading brands like Lenovo and AOC, who have good control of sales channels, to grow at a faster pace than other players in the market and grab more market shares,” Wu added.
Table 1: China PC Market Share by Manufacturer

Brand
Desktop
Monitors
Mobile PCs
Q2 11 Total
Q2'11
Total PC Share
1
Lenovo
2,853
3,090
5,943
23.6%
2
AOC
2,142

2,142
8.5%
3
Acer Group
1,292
712
2,004
8.0%
4
Dell
801
1,156
1,957
7.8%
5
Apple
95
1,662
1,756
7.0%
6
Samsung
1,143
373
1,516
6.0%
7
Asus
167
1,207
1,374
5.5%
8
HP
788
476
1,263
5.0%
9
Philips
996

996
4.0%
10
LGE
560
2
562
2.2%
11
Great Wall
486

486
1.9%
12
Haier
261
162
422
1.7%
13
Tongfang
343

343
1.4%
14
ViewSonic
304
6
310
1.2%
15
Toshiba

284
284
1.1%
Source: DisplaySearch Quarterly China PC Shipment and Forecast Report
The DisplaySearch Quarterly China PC Shipment and Forecast Report represents the first collective look at the entire personal computer market in mainland China, including tablet PCs, desktop PCs, all-in-one PCs, notebook PCs, and mini-notes. It provides the most comprehensive survey of domestic PC brands and associated products, such as desktop monitors, indicating an accurate picture of the China PC market (due to the popularity of building DIY systems in China). It highlights the unique nature of the domestic China PC business and offers comparisons with other regions of the PC market.
For more information on this report, please contact Charles Camaroto at 1.888.436.7673 or 1.516.625.2452, or contact@displaysearch.com or contact your regional DisplaySearch office in China, Japan, Korea or Taiwan.
About DisplaySearch
Since 1996, DisplaySearch has been recognized as a leading global market research and consulting firm specializing in the display supply chain, as well as the emerging photovoltaic/solar cell industries. DisplaySearch provides trend information, forecasts and analyses developed by a global team of experienced analysts with extensive industry knowledge. In collaboration with The NPD Group, its parent company, DisplaySearch uniquely offers a true end-to-end view of the display supply chain from materials and components to shipments of electronic devices with displays to sales of major consumer and commercial channels. For more information on DisplaySearch analysts, reports and industry events, visit us at DisplaySearch is the worldwide leader in display market research and consulting - DisplaySearch. Read our blog at DisplaySearch Blog | The Official Blog of DisplaySearch, an NPD Group Company and follow us on Twitter at @DisplaySearch.
About The NPD Group, Inc.
The NPD Group is the leading provider of reliable and comprehensive consumer and retail information for a wide range of industries. Today, more than 1,800 manufacturers, retailers, and service companies rely on NPD to help them drive critical business decisions at the global, national, and local market levels. NPD helps our clients to identify new business opportunities and guide product development, marketing, sales, merchandising, and other functions. Information is available for the following industry sectors: automotive, beauty, commercial technology, consumer technology, entertainment, fashion, food and beverage, foodservice, home, office supplies, software, sports, toys, and wireless. For more information, contact us or visit http://www.npd.com/ and NPD Group Blog. Follow us on Twitter at @npdtech and @npdgroup.

 

[Bharthi]

Chinese Export Outlook Grim, Could Spark General Slowdown

Global economic worries have lately been centered on Europe and the United States, but China is deeply affected as well.

A long-time concern for Chinese Communist regime officials has been trying to maintain the export-driven model that has led to high-speed growth. That's becoming more and more of a challenge, especially given decreased spending power and increased caution among overseas buyers.

And now, even official statements are sounding grim on the near-term prospects.

[Shen Danyang, Spokesman, PRC Ministry of Commerce]:
"We cannot be optimistic about the export situation during the coming period."

China's foreign trade fell 8.3 percent from September to October, ending up at roughly $298 billion. This sum remains a strong gain on last year, but the sharp monthly drop is a cause for concern.

Analysts agree that this export decline could have huge implications for the Chinese economy if it becomes a lasting trend.



Chinese Export Outlook Grim, Could Spark General Slowdown -- NTDTV.com

 

[oct605032048]

Chinese Export Outlook Grim, Could Spark General Slowdown

Global economic worries have lately been centered on Europe and the United States, but China is deeply affected as well.

A long-time concern for Chinese Communist regime officials has been trying to maintain the export-driven model that has led to high-speed growth. That's becoming more and more of a challenge, especially given decreased spending power and increased caution among overseas buyers.

And now, even official statements are sounding grim on the near-term prospects.

[Shen Danyang, Spokesman, PRC Ministry of Commerce]:
"We cannot be optimistic about the export situation during the coming period."

China's foreign trade fell 8.3 percent from September to October, ending up at roughly $298 billion. This sum remains a strong gain on last year, but the sharp monthly drop is a cause for concern.

Analysts agree that this export decline could have huge implications for the Chinese economy if it becomes a lasting trend.



Chinese Export Outlook Grim, Could Spark General Slowdown -- NTDTV.com

Dosen't the stupid author know that we have a week long National holiday in October?

 

[china hyperpower]

Chinese Export Outlook Grim, Could Spark General Slowdown

Global economic worries have lately been centered on Europe and the United States, but China is deeply affected as well.

A long-time concern for Chinese Communist regime officials has been trying to maintain the export-driven model that has led to high-speed growth. That's becoming more and more of a challenge, especially given decreased spending power and increased caution among overseas buyers.

And now, even official statements are sounding grim on the near-term prospects.

[Shen Danyang, Spokesman, PRC Ministry of Commerce]:
"We cannot be optimistic about the export situation during the coming period."

China's foreign trade fell 8.3 percent from September to October, ending up at roughly $298 billion. This sum remains a strong gain on last year, but the sharp monthly drop is a cause for concern.

Analysts agree that this export decline could have huge implications for the Chinese economy if it becomes a lasting trend.



Chinese Export Outlook Grim, Could Spark General Slowdown -- NTDTV.com

not surprising an indian quoting any anti-chinese news.
this proves my point that it eats up indians to see china moving further ahead and extending china's masive lead over india.

 

[applesauce]

not surprising an indian quoting any anti-chinese news.
this proves my point that it eats up indians to see china moving further ahead and extending china's masive lead over india.

>> NTDTV.com
thats all you need to know, its like asking hitler for his opinion on the jews

 

[Jun]

Infrastructure investment of 880 million yuan spent so far on hub

YINING, Xinjiang -A planned China-Kazakhstan free-trade center along the border of the two countries will provide cross-border trade tariff exemptions for Chinese companies and allow for duty-free purchases for visitors, according to Chinese officials.

Vice-Premier Zhang Dejiang and his Kazakh counterpart Aset Isekeshev on Friday attended a launching ceremony for the Horgos International Border Cooperation Center, which is located near the village of Horgos in Xinjiang and is the first transnational free-trade cooperation center in central Asia.

The two officials also witnessed the connection of a railway linking the two countries.

The Chinese vice-premier said the center, which is expected to be completed in two years, will bring new opportunities to China and Kazakhstan.

Under an agreement signed between the two governments in September 2004, the center is to be a "free port" that will focus on trade and investment opportunities in industries including processing, manufacturing, trade, merchandise procurement, finance, tourism and entertainment.

The center, which rests on the China-Kazakhstan border and covers 3.43 square kilometers of land on the Chinese side and 1.85 sq km on the Kazakh side, will be a part of Horgos Port.

The commercial hub handled 3 million tons of cargo and received 550,000 inbound and outbound tourists in 2010.

According to Yang Jihong, a senior official of Horgos Port, upon its completion, Chinese companies will be exempt from cross-border trade tariffs and individuals visiting the center will be allowed to purchase up to 8,000 yuan ($1,237) in duty-free goods a day. In addition, visitors staying up to 30 days will be allowed visa-free entry into the center.

He added that a total of 880 million yuan has been spent so far on infrastructure construction on the Chinese side of the center.

Tuuerxun Yeermanhan, a 25-year-old Chinese merchant of Kazakh ethnicity, said he is considering purchasing stall space in the new center.

"The price will probably be high, but the opportunities far outweigh the cost," he said.

Chinese Ambassador to Kazakhstan Zhou Li said the development of the center will definitely increase bilateral trade.

Thanks to the center and the improved railways, Horgos can be the hub and gateway connecting landlocked Kazakhstan to overseas markets, he said.

Favorable policies, such as those that brought about the center, will not only boost cross-border trade, but also diversify and deepen bilateral cooperation in the long run, said Zhang Yao, an expert on Central Asian studies from the Shanghai Institute for International Studies.

"In addition to the cross-border trade of daily commodities, both countries are seeking comprehensive cooperation in sectors including high-tech, energy and transportation," he said.

China has been Kazakhstan's second-largest trade partner since 2009 and its biggest export destination since 2010. Trade volume between the two countries increased from $1.29 billion in 2001 to $20.4 billion in 2010.

China-Kazakhstan free-trade center set to open|World|chinadaily.com.cn

 

[Obambam]

 

[LetsGetRowdy]

China slaps tariff on US car imports

THE Chinese government has increased trade tensions with the Obama administration by unexpectedly imposing anti-dumping and anti-subsidy tariffs on imports of sports utility vehicles and mid-size and large cars from the US.

The new tariffs, totalling nearly 22 per cent of the import prices, would probably have a mainly symbolic function, rather than reducing the already skimpy sales of such vehicles in China.

Other tariffs and taxes already in place have limited sales of US imports by helping raise their retail prices by about three times what the same cars and SUVs sell for in the US. The vehicles are sold only in the thousands or even hundreds in China and only to the most affluent.

China slaps tariff on US car imports

 

[oct605032048]

It's end of the year and what would be China's GDP in dollar this year?
7.5 trillion?

 

[sweetgrape]

Beidou navigation chip breakthrough: Domestic processor the size of the application has been
Beidou navigation chip breakthrough: Domestic processor the size of the application has been « Military of China, force comment.

 

[sweetgrape]

Beidou navigation chip breakthrough: Domestic processor the size of the application has been
Beidou navigation chip breakthrough: Domestic processor the size of the application has been « Military of China, force comment.

 

[Martian2]

Yuan hits record, heads for 4.5 percent 2011 gain | Reuters

"Yuan hits record, heads for 4.5 percent 2011 gain
By Lu Jianxin and Jason Subler
SHANGHAI | Fri Dec 30, 2011 8:35am IST

A resident pays a 10 yuan note for vegetables at a market in Beijing on February 28, 2011. (Credit: Reuters/Jason Lee)

(Reuters) - China's yuan headed for a strong close to 2011 on Friday, touching a record high in early trade after the central bank set the mid-point at a fresh high, putting it on course to gain 4.5 percent for the year.

The yuan's gains for the year are in line with the 4 to 5 percent traders in the onshore market had expected at the start of the year.

Traders still see the yuan appreciating for all of 2012 as China faces U.S. pressure to do more to rebalance bilateral and world trade, while it continues to record trade surpluses.

But the rate of appreciation is expected to slow to about 3 percent next year, with most of the rise happening in the second half, they said.

Many market players saw the strong mid-point as an attempt by the People's Bank of China to make the percent gain for the year look better.

"After the PBOC set a record high mid-point today, some major state-owned Chinese banks quoted the yuan at high levels to support the central bank's window-dressing move," said a dealer at a major European bank in Shanghai.

"But that does not represent a strong uptrend for the yuan. Instead, the yuan is most likely to move narrowly in the first few months of 2012 before resuming a slow appreciation process well into 2012."

NDFS IMPLY DEPRECIATION

Many dealers said the yuan would likely move in a narrow 6.3/6.4 range in the first few months of 2012 as China assesses the impact of global weakness, caused mainly by the euro zone debt crisis, on its economy and exports.

Spot yuan opened at an all-time high of 6.3070 versus the dollar, topping its previous record of 6.3160 touched on Monday. It then pulled back slightly to trade mainly around 6.31, still up 0.15 percent from Thursday's close of 6.3192.

Before trading began, the PBOC fixed the dollar/yuan mid-point at a record high of 6.3009, up 0.23 percent from Thursday's 6.3157. The central bank uses the fixing to express the government's intention for the yuan's movements in a day.

Offshore, benchmark one-year non-deliverable forwards (NDFs) fell to 6.3900 on Friday against 6.4000 at the close on Thursday, but still implied that the yuan would depreciate over the next year.

They now imply 1.39 percent depreciation over the next year, compared with a 1.55 percent fall implied on Thursday.

One-year NDFs began to mainly imply yuan depreciation in late September, reversing a general trend of forecasting yuan appreciation in place since the yuan's landmark revaluation in July 2005.

Some overseas investors have since September shorted the yuan amid signs that the world's second largest economy is slowing.

(Editing by Jonathan Hopfner)"