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2006 China's Chemical Industry Survey
The Survey of Foreign Investment in China's Insurance Industry of 2006
The Survey of Foreign Investment in China's Logistics Industry of 2006
2006 China's Banking Industry Survey
 
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  Chemicals
DEVELOPMENT OF CHINA'S INDUSTRY
Since China is in the phase of heavy chemical industry and undergoing urbanization, all sectors of the national economy, especially such industries as infrastructure, energy and transportation, construction, electronics and automobile keep a robust demand for energy and chemical raw materials, which boost a stably rapid development of the petrochemical industry.
STATUS OF FOREIGN INVESTMENT
According to the statistics released by Ministry of Commerce, in 2006 there were 1,202 projects using foreign investment in chemical industry, down 21.28% under the same period of the previous year. The actually used foreign capital amount was 2.64 billion USD, down 6% under the previous year.
COMMITMENTS TO THE WTO AND INTERNATIONAL PRACTICES
Along with china's accession to the WTO, the tariffs on imported chemical products will decline prominently.
DEVELOPMENT OF GLOBAL INDUSTRIES
In 2006, global chemical industry acquisition kept advancing triumphantly. As shown in latest report from investment bank Young & Partners in New York, the first three quarters of 2006, global chemical industry acquisition valued more than .32 billion US dollars , the total value of 2005. We can see 2006 acquisition showed following prominent features.