In 2012, affected by the European sovereign debt crisis and the sluggish economic development, the demand in the global jewelry industry grew slowly, and China jewelry industry was also influenced. In 2012, the sales volume of China jewelry industry only grew by 19% year on year, much lower than 40.7% in 2011. Specifically, the consumption growth of gold, silver, platinum and diamond jewelry was slowing down, even saw negative growth.
Gold Jewelry. In China, the gold jewelry consumption accounts for about 50% of the total jewelry consumption. The consumption of gold jewelry in China amounted to 502.75 tons in 2012, up 10.09% year on year, lower than 27.88% in 2011. Chinese consumers are interested in pure gold and solid gold, and also like K gold jewelry in recent years.
Touch screen market scaled approximately US$13.8 billion in 2012, an increase of 27.8% compared with US$10.8 billion in 2011, shipments grew by about 34.1%. It is expected that the market size in 2013 will climb 26.8% YoY to US$17.5 billion, with growth of 28.0% in shipments.
The future development direction of the mobile phone touch screen area is IN-CELL, which, once the yield problem is solved, will produce the lowest cost as well as the best performance. While Samsung insists on using AMOLED, ON-CELL will enjoy a long-term retention of place. Apple has pioneered the G/G-type touch screen with the best performance, but too thick, too heavy, too costly. In 2011, Samsung’s challenge to Apple was not so significant, G/G type became Apple’s favorite, and also the mainstream choice of high-end mobile phones. The abrupt rise of G/F/F in 2012 brought more ideal thickness, weight and cost than G/G type, yet the performance was not good enough. P/F type dominated the low-end since cost was the most important consideration. In 2012, G/F/F eroded part of the P/F market, P/G type suffered a fast fading due to poor weight and thickness as well as higher cost than P/F.
China hospital industry has maintained stable growth in recent years, thanks to the market demand stimulus and stable influx of national investment. As of late 2011, China had a total of 21,979 hospitals, with the AAGR of 2.7% during 2005-2011. In particular, the proportion of non-public hospitals grew to 39.4%. In 2011, the revenue of China hospital industry totaled RMB1.2451 trillion, with the CAGR as high as 19.7%, while the gross margin was no more than 3.8%.
In recent years, Chinese government has unveiled a series of favorable policies to boost the reform of public hospitals, encourage and guide social capitals to rush into hospital industry. This move resulted in further maturity of investment operation mode of China hospital industry. Since 2010, privately-owned hospitals including Hong Kong Phoenix International Investment Group, YMCI, SL PHARM, Xi’an Kaiyuan Investment Group Company Limited and Jinling Pharmaceutical Company Limited have been restructured through trusteeship and M&A by public hospitals, while foreign enterprises have run their business in China via joint business, joint stock and joint venture, with orientation to Chinese top-grade medical market. Cases in point include United Family Hospital and ParkwayHealth.
Germanium falls under the category of scattered metal and it is widely applied in hi-tech fields. With proved reserves of 8,600 MMT worldwide, germanium is mainly found in countries like America, China and Canada. In particular, germanium reserves in America makes up 45% of the world’s total, followed by China in which the proportion hit 41%. Usually, Germanium ore associates with lead zinc ore; and the exploration of lead zinc ore is likely to pose grave threat to the environment. Given the rigid environmental protection regulations, America is a small germanium ore exploiter and producer, while China produces 70% germanium of the global total.
The development of China germanium industry features a great many of primary products and a small portion of intensive processing products. Given this, the Chinese government has bolstered the development of top-grade germanium products in recent years, vowing that deep-processing products of monocrystalline germanium slices and germanium optical components can enjoy 17% and 15% export tax rebates, respectively. In response to the favorable policy, flagship enterprises including Yunnan Lincang Xinyuan Germanium Industry Co.,Ltd., Yunnan Chihong Zinc&Germanium Co., Ltd., and Nanjing Germanium Technology are setting up downstream products manufacturing bases in a successive way.
So far, the output value of global animation industry has reached US$222.8 billion, and animation-related derivatives have exceeded US$500 billion. The animation industry has gradually become a pillar of the national economy and new economic growth engine in some countries. American animation has developed as the America’s sixth largest pillar industry; in Japan, the animation industry has outperformed automobile, iron & steel industries to be the third largest industry; and South Korea has undertaken a nearly 1/3 of the global animation production business.
Compared to the United States, Japan, South Korea and other developed countries, China’s animation industry is still in its infancy. Chinese animation market size in 2012 reached RMB32.1 billion, a year-on-year increase of 24.9%. We hold the opinion that with the start-up of the animation industry chain consumption as well as the support of national policies, there will be more broad space for development of the Chinese animation industry.
The report provides in depth market analysis, information and insights into the insurance industry in Puerto Rico, including:
The Puerto Rican insurance industrys growth prospects by insurance segments and categories
The competitive landscape in the Puerto Rican insurance industry
The current trends and drivers of the Puerto Rico insurance industry
The challenges facing the Puerto Rico insurance industry
The regulatory framework of the Puerto Rico insurance industry
The Puerto Rican economy contracted during 20072011 due to a decline in exports, the global financial crisis, falling investment in construction, and a significant decline in government spending. However, the countrys insurance industry posted positive growth during the review period, driven by the governments healthcare reforms, implementation of the Medicare program and compulsory third-party motor insurance.