Telecoms & Computing

Overview of China’s Semiconductor Packaging Industry

With the supportive policies promulgated by the PRC government in the semiconductor product industry and the development of technology and popularisation of advanced packaging, the market size of China’s semiconductor packaging industry is forecast to experience a further growth and reach approximately RMB981.1 billion in 2022, at a CAGR of approximately 15.9% from 2018 to 2022.

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Food & Beverage

Market Overview of Chinese Wine Market

Wine is an alcoholic beverage with the alcohol by volume ranging from 10% to 15% typically made from fermented juice obtained and extracted by squeezing and crushing various types of grapes. It is produced by fermenting crushed grapes with various types of yeast. Yeast consumes sugars in the grapes and converts them into alcohol. Wine is usually made using various types of grapes, including Pinot Noir, Chardonnay, Cabernet Sauvignon, Gamay, and Merlot.   In the past two decades, with the rapid economic growth and the increasing disposable income in China,…

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Energy & Chemicals

Overview of China Plastic Component Manufacturing Market

Plastic is defined as a synthetic material made from a wide range of organic polymers that can be melted and moulded into a desired shape and set into a stable form with the use of plastic mould. In general, plastic can be categorized into thermoplastic and thermosetting plastic. The former one can be remelted into liquid while the latter one always remains a permanent solid state. Common characteristics of plastics include (i) chemical resistance, (ii) outstanding insulating properties, (iii) light, (iv) ease of processing and (v) wide range of application.…

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Company News

CRI as Industry Consultant for Time Interconnect (1729.HK) on HKEx

CRI served as Industry Consultant for Time Interconnect Technology in its listing and provided research, data and forecast on the industry. CRI has been focusing in industry research and consulting for corporate listing for more than 10 years. Time Interconnect Technology (1729.HK) is a company that produces wiring harness. Wiring harness has a wide variety and is applied in computers, communication equipment, vehicles, household appliances, industrial equipment, medical equipment, etc. According to CRI, the global market size of wiring harness was about USD 156.9 billion in 2016, with a CAGR…

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Industry Analysis

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 USD 7,000 stimulated the…

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Manufacturing

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 into effect in 2017, the new FTAs have been…

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Automobile

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 (with less than 9 seats and smaller…

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