Industry Analysis & Industry Trends
In 2016, revenue for the Pollution Treatment Equipment Manufacturing industry in China is expected to total $56.2 billion, up 12.0% from 2015. Annualized revenue growth over the five years through 2016 is expected to be 17.8%. The robust performance of the industry is largely due to the Chinese government's strong support and focus on the environmental sector.
The government has imposed strict environmental protection regulations on the agricultural, mining, manufacturing and construction sectors to reduce the negative effects of China's rapid economic progress on the environment. This has contributed to the rapid development of this industry in the past five years and will continue to drive industry growth over the next five-year period.... purchase to read more
Industry Report - Starting a New Business Chapter
The Pollution Treatment Equipment Manufacturing industry is moderately technology-intensive and requires specialized equipment and expertise. Prospective entrants of must also be able to continuously improve their technology to face intensifying marketing competition.Prospective entrants to this industry must have large amounts of funding to construct establishments and to purchase raw materials.
Increasing government support reduces the barriers to entry to some extent. For example, approved manufacturers are exempt from paying business tax if the annual net revenue is less than 300,000 yuan ($47,620 in 2012).
.. purchase to read more