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Printing Industry in China Present & Future. Charles Lo Print 05 Chicago. Figures of Interest from 2004 No. of printing companies: 94,282 (1893 more than 2003) No. of employees: over 3 million Total printing shipments: USD 34 billion. Printing Industry Worldwide : 2004. G-5
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Printing Industry in ChinaPresent & Future Charles Lo Print 05 Chicago
Figures of Interest from 2004No. of printing companies: 94,282 (1893 more than 2003)No. of employees: over 3 millionTotal printing shipments: USD 34 billion
Printing Industry Worldwide : 2004 G-5 • US USD 161 Billionper capita $570 • Japan 75590 • Germany 20250 • UK 25416 • France24400 • China 3420.7
Foreign Printers with Investments in China • R.R. Donnelley, Avery Dennison • Toppan, Nippo, Nishiguchi • Times Printers, SNP • Choice, YFY • C & C, Hung Hing, Astros, New Island, Midas, Starlight, Golden Cup, Wing King Tong, Luk Ka
Laws and Regulations • The Law of the People’s Republic of China on Enterprises with Foreign Investment • The Law of the People’s Republic of China on Chinese-foreign Equity Joint Ventures • The Law of the People’s Republic of China on Chinese-foreign Cooperative Enterprises • Regulations on the Administration of Printing Industry • Interim Provisions on the Establishment of Printing Enterprises with Foreign Investment • Interim Regulations on Basic Criteria and Conditions of Printing Business Ownership • (Go to www.fdi.gov.cn for the English version of these laws)
The 4 Business Models • 1 Forming new joint ventures: R.R. Donnelley, C&C Beijing • 2 Buying out existing foreign invested printers: R.R. Donnelley, SNP, Times Printers • 3 Buying controlling shares from a local printer: Choice • 4 Forming wholly-owned operations (packaging): Shanghai Toppan
Total Printing Shipments: A prediction for 2010 & 2020 2010 Low: USD 58 billion (=2% of GDP) Mid: USD 63.8 billion (=2.2% of GDP) High: USD 69.6 billion (=2.4% of GDP) 2020 Low: USD 115.2 billion (=2.4% of GDP) Mid: USD 123.4 billion (=2.6% of GDP) High: USD 144 billion (=3% of GDP)
Opportunities • Strong growth of China’s economy and domestic demand • China’s world manufacturing base status • Government policies • Member of WTO: since 2002 • Beijing Olympics: 2008 • Shanghai World Expo: 2001