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Product Name: |
China's industrial gas report
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150 |
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With the influence of the global financial crisis, the macro environment of the industrial gases industry is changing in 2008. First of all, the price of crude oil has dropped sharply in the second half of 2008. At present, the price is about 40USD/barrel. Secondly, the global steel industry, especially the Chinese steel industry, was hard hit. The production and sales reduced. Finally, due to the rising unemployment rate and the declining expected income, the global consumption level has fallen and the semiconductor industry, food and beverage industry, and medical industry which are closely related to the industrial gases industry have faced difficulty. The development trends of the industrial gases industry depends on the implementation of the measures used to deal with the financial crisis. According to the situation in China, with the implementation of policies to stabilize economy, the construction of the public affairs, especially the construction of the rural infrastructure will drive the steel industry to go out of the valley bottom. And in order to improve the people¡¯s livelihood, the government reforms and invests in the medical industry. It will promote the demand for the industrial gases. |
Company: |
Beijing Business & Intelligence Consulting Co., Ltd
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Contact: |
Mr. zhao Sidney |
Address: |
Zhichun Road, Haidian District, Beijing, China International Building No. 6 Jinqiu A-1304 |
Postcode: |
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Tel: |
86 10 82961271 |
Fax: |
86 10 82961279 |
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