According to experts, the industries with greatest potential in the Chinese market are:
Household electrical appliances: With the steady economic growth, the purchase of cameras, computers and DVDs has increased an average 10 percent a year. Sales of household electrical appliances are expected to achieve a 10-35 percent investment return.
Automobiles: The domestic auto industry will adjust its development in the next 10 years. Related industries with high profit potential include components and parts production and the maintenance and service sectors.
Home decorating: Statistics show that currently each Chinese family spends about 20,000 yuan on home decorating.
Real estate: Buying a home has become the current trend. Related industries such as real estate management, consulting and services are also promising.
Posts and telecommunications: Currently only four percent of the population are telecommunications subscribers, compared to a world average of 10 percent.
Fast food: This also includes the related fast food processing industry.
Commodities for the aged: By the end of 2000, there will be 130 million elderly people in China. Commodities such as food, medicines, garments, glasses and hearing aids will be welcomed by the aged.
Tourist and entertainment products: With longer holidays, Chinese people will have more time to go out for tourism and entertainment. Sports products, facilities and travel agencies will be badly needed.
(CIIC)
