New Economic Entity is Emerging, the Ceramic Industry Meets New Opportunity(2009/9/1)

With The global financial crisis in Wall Street making a great impact on the developed countries in Europe and America, the affected countries such as China, India, Vietnam, Indonesia and South Africa are like the fresh blood binging limitless energy into the global economic and attracting more and more attention.

On the ceramic industry, the presence of the market of ASEAN, Middle East and Africa is outstanding. According to the statement data of the custom show, this first half year, the ASEAN, Middle East and Africa exported ceramic $352million, $549million, and $278million, increased by 12.64%, 33.75%, and 25.7%. But in the western market, the market of Europe, North America and South America are reduced by 17.05%, 0.56% and 22.3%. The western market is sustained to shrink.

The Asian Development Bank said, the new economic entity have been into the transition from recession to recovery. Now, the developed countries are caught in the negative growth. In another word, the new economic entity is expected to be the main engine of fueling economic growth.
(by China Leiyuan, 2009/9/1)