“Inflicted by global economic downturn in 2008, China gas compressor industry slowed down in development. In Q4 2008, monthly output dropped strikingly; in Dec 2008, national output of gas compressor just reached 1.755 million sets.

The government’s proactive fiscal policy and loose monetary policy in 2009 exert positive effect on the improvement of environment for companies’ operation; the prices of energy resources and raw materials are lower than those in 2008, and loan interest declined to a great extent. All of the above are in favor of alleviating pressure from the cost growth. In addition, the central government also launched RMB4 trillion economic stimulus package and ten industrials plans including petrochemical and metallurgy (downstream sectors of gas compressor industry) etc. All these measures will conduce to development of gas compressor industry.

China’s output of gas compressor rallied in 2009, and the output reached 9.114 million sets in September, up 22.2% compared to the same period of last year. It is forecasted that China gas compressor industry will enjoy bright outlook in next three years thanks to further development of such industries as petroleum, chemical, metallurgy, shipbuilding, environmental protection and clean energy etc.

The total import & export value of China gas compressor industry attained US$2.769 billion, up 31.58% year-on-year, of which export value was US$1.137 billion, up 19.4%; import value was US$1.631 billion, up 41.65%. The trade deficit stood at US$494 million. Influenced by economic crisis, China’s export of gas compressor will decline, but domestic demand will increase; therefore, key projects will need more supporting equipments, which will be favorable for the imports in the future.

As the leader in China gas compressor industry, Shanghai Hanbell Precise Machinery Co., Ltd’s operating revenue totaled RMB165.80 million in the first half of 2009, down 20.35% compared with the same period of 2008, and its net profit amounted to RMB19.55 million, down 27.30% compared with the same period of 2008.

Based on authoritative statistics from National Bureau of Statistics of China, General Administration of Customs of the People’s Republic of China and Machinery Industry Association etc, this report makes in-depth analysis on the status quo, industrial chain development, market competition and product import & export of China gas compressor industry during 2008 to 2009, and key companies. It also forecasts development trends of China gas compressor industry.

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In recent years, the quantity of network POS machines has increased rapidly in China; in 2008, China had 1.85 million POS machines in all, a 56.2% YoY rise; franchise stores hit 1.18 million, up 59.9% year on year, the highest in past five years. Growth of POS machines has driven the development of many related markets. POS machine makers provide POS machines for banks and Unionpay which freely install them for merchants, and then get a proportional handling charge (about 1%) from POS machines’ card consumptions.

Network POS Machines in China will still be decided by the number of networking merchants. Promoted by Beijing Olympic Games and its industrial growth, the quantity of POS machines and merchants saw a respective growth rate of above 50%. It is estimated that demand for POS machine will maintain rapid growth rate since the current low penetration rate of POS machine and the 2010 Shanghai World Expo.

Based on authoritative statistics from People’s Bank of China, China Bank Industry Association, National Bureau of Statistics of China and Companies’ Financial Statements, this report makes an in-depth analysis on status quo of China financial POS machine industry, operations of key financial POS machine producers at home and abroad, and development environment for this industry. Also, it forecasts development trend of financial POS machine industry.

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Concrete machinery refers to the equipment applied in modern concrete mechanical engineering for production, transportation, and concrete paving, etc., including concrete mixers, concrete mixing plants, concrete pumps, concrete mixing trucks, concrete jets, concrete vibrators, and steel processing machinery. The general concept of the concrete machinery means “”one plant, three vehicles “”, namely concrete mixing plant, concrete mixer truck, concrete pump and concrete pumping vehicle. Concrete machinery is the important equipment in great demand for infrastructure, widely used in industrial and civil construction, national defense construction and other projects. After decades of development, concrete machinery has become a key part of engineering machinery in China, with considerable production capacity and accounting for 6% of the whole construction machinery industry.

Even faced with global economic slowdown in 2008, Chinese concrete machinery export still maintained a good growth. In 2008, 2,149 concrete pumps were exported, valuing at US$102.92 million. In quantity, the export increased 13.5%; but in capital, the export decreased 24.1%; the average export prices rose somewhat. Only 3,263 concrete mixers were exported, up 21.9% from 2007; the export valued US$ 188.42 million, 37.4% up over 2007, maintaining continuous increase.

Currently, in Chinese concrete machinery industry, there are more than 200 enterprises, producing diversified products. China has the leading status in the production of concrete pumps. In 2007, SANY Heavy Industry Co., Ltd participated in the construction of Shanghai World Financial Center with 492 meters in height. At the end of Dec 2008, Zoomlion Heavy Industry Science & Technology Development Co., Ltd. transferred super viscous C100 high-performance concrete pumps to Guangzhou International Financial Center (West Tower) with the height of 432 meters by super high-pressure concrete pump. In 2008, SANY successfully manufactured a 72-meter pump, the highest pump in the world.

In addition to the conventional specifications of 32m, 37m, 42m, 45m, 48m, 52m and 56m, SANY also produces the products of 38m and 40m. In January, 2007, SANY produced the super long-arm pump with 66m. However, the main specifications of SANY are 37m, 45m, 48 and 56m. The specifications of Zoomlion’s pumps ranges from 37m to 56m, but the specifications applied most widely are 37m, 44m and 47m. Putzmeister Shanghai factory produces such key models as 36m, 38m, 42m and 46m. The mainstream models of Shanghai Hold Machinery Co., Ltd. are 22m, 37m, 40m, 43m and 47m. It is worth mentioning that the short-arm pumps with the length of below 27m only include the ones of 25m produced by SANY and 22m by Shanghai Hold Machinery. The current sale of short-arm pumps account for less than 2% of that of the overall pumps, but the cost of short-arm pumps is low, which benefits the construction of buildings in dense urban areas, so the development of short-arm pumps is promising.

Concrete machinery is technology-intensive, capital-intensive and personnel-intensive, so it is difficult to enter the field. The main barriers for entering the concrete machinery industry lie in technical capabilities, qualifications, financial strength and customer service. Concrete trucks, concrete pumps and vehicle pumps are the modified automobiles, which are subject to the industrial policies of China. The manufacturers must be qualified for the production of civil converted vehicles, and they must complete test reports and apply for bulletin catalog to the government before marketing each vehicle. In general, the application period lasts long.

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According to China Customs, the accumulative toy export value of China toy (including game stations) was totaled at US $12.26 billion during Jan-Jul 2008, up 29.58% compared with the same period of 2007. The accumulative export value was totaled US $20.86 billion in the whole year of 2007, up 17.45% year on year. From 2003 to Jul 2008, China’s toy export has maintained a growth; however, its growth rate tends to be declined.

East China and South China are the two key toy export regions; Guangdong is still the largest toy export province, its toy export value was US $14.20 billion in the year of 2007, accounting for 65.60% of national total, up 1% year on year. Toy export value of Shangdong province increased 403.40% to US $2.56 billion in 2007 form US $509 million in 2006, ranked at NO.2 in China. The top six provinces in terms of toy export value in 2007 were Guangdong, Shandong, Zhejiang, Jiangsu, Shanghai and Fujian.

Generally speaking, China’s toy export is mainly relying on processing trade, although the general trade has increased by a small extent. In the year of 2007, China toy export value was totaled at US$ 20.86 billion, of which US $16.33 was from processing trade, accounting for 78.28% of the total; while only US $4.53 from general trade, accounting for 21.72% of the total. The innovation ability is still the bottleneck of China’s toy industry development.

In early 2008, China Toy Association conducted an investigation of toy retailing in 37 cities of 21 provinces. According to the investigation, the top ten toy brands were Barbie, Goodbaby, Audi, Lego, Silverlit, Hasbro, Tomy, Playwell, Bandai and Chicco.

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At the end of 2008, China’s agricultural mechanization level of tillage, planting and harvesting was up to 50.8%. Mechanization of key crops production has developed rapidly; meanwhile, agricultural machinery gears the operation from in grain crops to in cash crops. Field agriculture develops towards facility agriculture. Besides, crop faming turns towards livestock breeding and farm produce processing. The standardized operation of agricultural machinery gets improved greatly. The applicable scope of mechanization operation integrating sowing, planting and harvesting has been extended. In brief, the overall production capacity of agriculture improved further.

As the strong supporter for modernization of China’s agriculture, agricultural machinery industry is developing prosperously. As of the end of 2008, the number of agricultural machinery service organizations had registered 165,600; dealers of agricultural machinery had registered 38.33 million; intermediary service organizations have amounted to 6,022. The period from now to 2002 is crucial to the transition of traditional agriculture to modern agriculture; agriculture mechanization will meet good opportunities. As estimated, comprehensive agriculture mechanization rate will jump to 70%, which will lay solid material foundation for pushing forward modern agriculture and building of a new socialist countryside.

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