China moves from quantity to quality

September 2013
ICIS Chemical Business;9/9/2013, Vol. 284 Issue 7, p40
Trade Publication
The article reports that the chemical industry in China will likely grow quickly and boost its value-added chemicals as the country's growth shifts toward a more consumption-driven economic model. Topics discussed include a boost in China's share in the global chemical sector to 27 percent in 2012, an update on China's 12th Five-Year Plan that was announced in 2011, and the plan of China to have its seven strategic emerging industries account for 8 percent of gross domestic product by 2015.


Related Articles

  • A 2growing sense of uneaseA growing sense of Unease. Richardson, John // ICIS Chemical Business;7/29/2013, Vol. 284 Issue 26, p2 

    The article focuses on the economic situation in China in 2013 and the need for increased consumer spending by Chinese citizens. It states that household consumption accounts for around 38 percent of the gross domestic product of China, which is significantly less than other large economies such...

  • Untitled. Richardson, John // ICIS Chemical Business;7/29/2013, Vol. 284 Issue 26, p3 

    The article focuses on increased risk in the economic outlook for China and China's shift toward higher-value manufacturing that can absorb increased labor costs. It states household consumption as a share of gross domestic product in China is half that of the U.S. and significantly less than...

  • The China Dilemma. Hutton, Will // Conference Board Review;Mar/Apr2007, Vol. 44 Issue 2, p50 

    The article discusses various issues related to China's phenomenal economic growth rate. During 2004-2006, China's GDP grew very sharply. China's fixed investment has tripled from $400 billion to an expected $1.3 trillion in 2006. The U.S. has expressed serious concerns about the unrealistic...

  • BY THE NUMBERS. Bruning, Karla // Newsweek (Pacific Edition);7/31/2006 (Pacific Edition), Vol. 148 Issue 5, p5 

    Various statistics related to how Chinese officials are planning to prevent an abrupt slowdown in its white-hot economic growth are presented. According to the author, officials in Beijing have ordered banks to reduce lending. The author also discusses how China has revalued its currency....

  • Untitled. Richardson, John // ICIS Chemical Business;2/24/2014, Vol. 285 Issue 8, p3 

    The article discusses economic circumstances in China. Consideration is given to expected growth in the country's gross domestic product for 2014, and efforts by the People's Bank of China to slow down credit growth. The author believes that if China were to substantially reduce credit then the...

  • Chinese Media on the "One Belt, One Road" Strategy.  // Chinascope;Jan/Feb2015, Issue 73, p38 

    The article presents a summary of viewpoints published in Chinese newspapers discussing the One Belt, One Road diplomacy and and economic development strategy of China. Topics addressed are political considerations for investing in countries in Central and South Asia in "China Review News,"...

  • China: patience has become a great virtue. Richardson, John // ICIS Chemical Business;4/4/2016, Issue 4364, p6 

    The article presents an outlook for the Chinese chemical industry for 2016. Topics discussed include China's investment-led economic growth model, an overcapacity in many chemicals and polymers that resulted from the 2008-2013 economic stimulus programme, and a new study which provide scenarios...

  • China 2.0. Liu, Melinda // Newsweek (Pacific Edition);1/30/2006 (Pacific Edition), Vol. 147 Issue 5, p27 

    This article discusses China's new economic model as espoused by President Hu Jintao. According to the author, Jintao has been focusing on sustainable development and innovation in the attempt to create a resource-saving, environment-friendly society. Jintao has said that China needs to grow in...

  • Who Shrunk China? Puzzles in the Measurement of Real GDP. Feenstra, Robert C.; Ma, Hong; Peter Neary, J.; Prasada Rao, D.S. // Economic Journal;Dec2013, Vol. 123 Issue 573, p1100 

    The latest World Bank estimates of real GDP per capita for China are significantly lower than previous ones. We review possible sources of this puzzle including substitution bias in consumption, reliance on urban prices, which we estimate are higher than rural ones, and the use of an...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics