"REASONS Material Suppliers Seriously Need China"
1. 2005 Plastics Processor Revenue Growth in China = 37.1 %
A. 14.3 X's faster than 2.6 % US GDP Manufacturing Growth
B. 3.6 X's faster than 10.2 % China GDP Growth
2. 100% company ownership (WOFE) available to Compounders,
Processors, and Suppliers
3. China Government Major Goal is Employment of People in China
A. 900 million in China still make $ 1 US per day
B. Therefore, many are still basically "unemployed" in China.
4. 2005 China produced only 56 % of plastic resin it consumes
A. Production = 47.1 billion pounds
B. Consumption = 84.4 billion pounds
5. 2005 China imported 41.3 billion pounds of plastic resin;
exported only 4.1 billion pounds
(Request FREE China Plastics Industry Report for more details.)
Anthony Napoletano, Managing Director
November 2006
