China as world's leader in plastics machinery and materials

摘要

China as the world's second biggest economy has surpassed tremendous challenges over the years. According to the International Monetary Fund (IMF), China remains Asia's top performer, eontributing to the region's streng economic growth over the years. China's economy expanded by 7.5% in the second quarter of 2013 due to strong domestic demand, improved investment climate and optimism over the series of policy adjustments initiated by the new set of leadership. Despite the many challenges, China's economic Performance is seen to average 7% to 8% in 2013. Rapid urbanization and strong consumer demand are factors that provide Strategie opportunities for the plastics and rubber industry.