Research Report on China’s StorageIndustry, 2008-2010
This report analyzes China’s Storage Industry from various aspects such as production,supply and demand which makes investors understand the status of the market, thecompetition situation, as well as the profiles of the manufacturers. The report helpsinvestors find investment opportunities, avoid investment risks and make right decisions.
Summary of the report
Storage industry is a part of service industry depending on other industries. China’s steadyhigh growth rate in economy formed foundation for the storage industry, the growth rate of China’s GDP was 10% continuously or above within 5 years from 2003 to 2007.In 2007, the nationwide storage cost was 1.4943 trillion RMB Yuan (about 205 billion USD)accounting for 32.9% of overall logistics cost, increased by 21.2% as compared with thesame period of 2006. The domestic total cost of logistics in 2007 reached 7522.83 billionRMB Yuan (about 103 billion USD), a 26.2% increment over the same period of 2006. Withthe rapid growth of national economy, China’s logistics industry will keep a steady growthrate and large demand of storage.China is now in process of industrialization and urbanization, so large consumer demandpromoted the development of storage industry. However more attention should be focusedon the more fierce competition in the storage industry.Customers’ rising awareness of optimizing supply chain promoted great structure changesin storage industry, and made various value-added services with low cost and highefficiency account for larger proportion of revenue structure, increasing revenue rapidly.
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