Ten fast-growing industries

Top Ten Fast-Growing Industries in 2001

I. Information Service Industry

1. Huge potential demand in the domestic market will pull the information service industry to maintain a sustained and rapid momentum of development in the future.

2, due to the technical and economic characteristics of the industry, the competitive situation of the domestic market is bound to show the pattern of oligopoly (after the industry reorganization mainly in line with the split of China Telecom, China's **** there are seven communications operators: China Telecom, China Mobile, China Satellite Telecommunications, China Unicom, China Netcom, China Jitong, Tietong Company), the market pattern will enable the industry to maintain a Higher level of profitability.

3. As far as international competition is concerned, the industry is not tradable, and international competition can only take place through direct investment by multinational corporations. At present, China's administrative control of the industry is very high, multinational corporations to enter the Chinese market through direct investment, it is estimated that it takes a long time to enter the gradual process, and can only be taken and existing domestic enterprises to enter the Chinese market in the form of joint ventures.

It is expected that the domestic telecommunication service industry will still maintain the momentum of rapid development in the future, but the internal structure will show the following characteristics: the development of fixed-line telephony will slow down, and the target market will mainly focus on the rural market; telecommunication consumption will undergo structural changes, with the proportion of fixed-line telephony declining and the proportion of mobile and data communication consumption rising, with the growth rate exceeding that of fixed-line telephony by a large margin.

Two, culture and media industry

1, at present in China, the culture and media industry is a typical sunrise industry, from the development trend, but also a high-income elasticity industry. In China's cultural media industry can only be said to be in the early stages of development, the future market space is very large, can support the industry in a longer period of time to maintain a high rate of development, there is a great potential for development.

2. Although the technical and financial barriers to entry for the cultural media industry are not high, the industry is highly regulated and the policy barriers to entry are high, so the industry is generally able to obtain higher and more stable returns.

3, at present, the degree of marketization of China's cultural media industry is not high, but the market is a trend, in the process of marketization, China's enterprises will likely face the growing pressure of Western multinational companies to enter. Because of the industry's market regional characteristics are more obvious, as well as in the world, the cultural media industry belongs to the high degree of government control industry, therefore, in the domestic market, China's enterprises will not be in a competitive disadvantage.

Third, tourism

1, tourism is a typical high-income elasticity of the industry, that is, with the development of the economy and people's income level, the proportion of tourism consumption in people's total consumption will gradually increase, and more part of people's income will be invested in tourism. Therefore, once a country's economic development is solved and the problem of people's food and survival is solved, the tourism industry will surely enter a fast track of development.

It can be said that in China's current level of economic development and consumption structure, the tourism industry has entered a period of rapid development, and from the point of view of the development of China's tourism market, tourism in China is still in the early stages of development, so the momentum of the current rapid development will continue to be maintained.

2, the regional characteristics of the tourism market is very obvious, belongs to the regional competitive industry, and the barriers to entry is not high, so the domestic tourism industry generally will not face foreign competitors or multinational companies a lot of competitive pressure.

3. Although the tourism industry is growing very well, the level of profitability is generally not very high due to the low barriers to entry and fierce competition, but the situation of various sub-sectors and enterprises within the tourism industry is different, and it is recommended that investors pay attention to enterprises in the industry that have obvious advantages in terms of tourism resources and tourism networks.

Four, the financial industry

1, the financial industry, including insurance, banking, securities and trust investment industry. The financial industry is also a typical high-income elasticity industry, with the national economic development level and the gradual growth of people's income, the financial industry will also be rapid development. From the trend of China's economic development, the potential market for the financial industry is very large, and the industry has a very large space for development.

2, due to the characteristics of the industry, the development trend of the financial industry's competitive landscape will certainly show a pattern of monopolistic competition, and due to the characteristics of the industry caused by the policy barriers to entry are also relatively high, and therefore, from an overall perspective, the financial industry is a relatively strong profitability of the industry.

3. International competition in the financial industry is carried out through direct investment by multinational financial enterprises, and at present China's financial enterprises are, on the whole, less competitive than Western financial multinationals. However, China's high degree of administrative control of the industry (any country's control of the industry is stricter than the general competitive industry), foreign multinational financial enterprises to enter the Chinese market through direct investment, it is estimated that it takes a longer-term gradual process, and will generally take and existing domestic enterprises to enter the Chinese financial industry in the form of joint ventures.

V. Biopharmaceutical industry

1, with the development of the economy and the improvement of living standards, people are more and more concerned about their own health and give more and more investment. Biological drugs are produced by the basic substances of life drugs, with strong targeting, low side effects, easy to be absorbed by the human body, especially in the treatment of serious harm to human health and life, such as cardiovascular and cerebrovascular diseases, tumors and viral diseases are welcome, so biopharmaceuticals have a very broad space for development.

2, the biopharmaceutical industry has a high technological content, the added value of the product is very large. Therefore, despite the fierce competition in the domestic market of this industry, an enterprise will be able to obtain a high level of profitability as long as it can successfully develop new products and be recognized by consumers.

3, on the biopharmaceutical industry's international competitive situation, although in general, especially in the scientific research investment and new product development, we still lag behind the developed countries, but it should be said that China's enterprises are not in a clear competitive disadvantage. This is mainly due to two reasons: on the one hand, compared with foreign products, China's biological drugs have a clear price advantage, lower prices are conducive to the widespread use of clinical; on the other hand, due to the special nature of the drugs, both international trade and cross-border direct investment, the government has a strict control policy.

Six, the new materials industry

1, we believe that

new materials industry has a great market prospect; First, due to technological advances as well as the development of new industries, some of the new materials relative to traditional materials, in terms of performance and cost has obvious advantages; Second, for environmental protection considerations and resource constraints, some of the new materials have a greater advantage.

2, the new materials industry involves a wide range of industries, including rare earths, magnetic materials, diamond materials, new energy materials, special ceramic materials, optoelectronics, information materials, intelligent materials and biomedical materials. In addition to a few of these industries have a resource monopoly, most of them are competitive industries, although the competition is relatively fierce, but due to the high technological content of these industries, the added value of the products, and thus the profitability of most of the enterprises are relatively high.

For the design of a very wide range of new materials industry, we believe that there are two types of enterprises worthy of investor attention: First, in the possession of resources have a clear advantage in the enterprise; Second, technology development has a clear advantage in the enterprise.

VII, information technology products manufacturing

1, including component manufacturing, equipment manufacturing and software industry. With technological advances and the rapid development of the communications industry, in recent years, most of the market demand for information technology products has been to maintain a high rate of growth, and this trend will continue in the next few years, at present, the industry is one of the very few manufacturing industries in China in short supply, the market has a lot of room for development.

2, at present, on the whole, China's enterprises and Western multinational corporations, compared with the lower level of technology, research and development capabilities are weaker, the production and processing technology is relatively backward, the core technology is mainly by the United States and Japan and a few developed countries, such as multinational corporations controlled. However, in the long run, this situation is bound to change for the following reasons: First, after years of development and cooperation with international manufacturers, the distance between the technical level of domestic enterprises and the international advanced level is approaching, and the technology of independent intellectual property rights is emerging; second, for the consideration of national information security, the policy tends to favor the use of domestically produced equipment; third, the domestic telecommunications industry in the past, in the state of administrative monopoly, the price of the equipment is not Sensitive to the price of equipment, making the domestic equipment. Price advantage can not be reflected, after the monopoly is broken, the communications carriers are increasingly focusing on the performance-price ratio of the selected equipment, domestic equipment has an advantage in this regard.

3, information technology products manufacturing industry is both a high-tech industry, but also a monopoly competition, and therefore a more profitable industry. According to this feature, investors can focus on some of the technical level and research and development capabilities of the stronger enterprises.

Eight, real estate

1, real estate is a cyclical industry, its development and the country's economic growth, and the level of local economic development is closely related to the development of the economy is also regarded as the economic development of the "barometer". After nearly six years of adjustment, in the second half of 1999, China's real estate industry out of the trough, began to enter a new boom cycle, it is expected that, in the next few years, China's real estate industry will be in a new boom cycle of the upturn. In the real estate market in the boom cycle period, the industry's enterprises can generally obtain a higher level of profitability.

2, real estate is a government-supported development of the industry, has been listed by the government as a pillar industry, as the new new economic growth point, has introduced a series of policies to support the real estate industry, especially the development of the housing industry. Are increasing the efforts of the housing system reform, stimulate the real estate consumer market.　3, the real estate market has obvious regional characteristics, is a regional monopoly competition market, investors can focus on the region has a clear brand and a certain degree of monopoly advantage of the enterprise.

Nine, the aviation industry

1, over the years, the international aviation market has been maintaining a strong growth momentum, China is seen as the future of the world's largest aviation market, the development of China's aviation industry has a huge market outlook.

2, compared with developed countries, China's aviation industry is still relatively small. However, in recent years, in the field of civil aircraft manufacturing, China's enterprises and some of the world's leading aircraft manufacturers to carry out some cooperation; the introduction of a number of advanced military aircraft; the government is also increasing investment; some supporting industries have also had great development.

It can be said that the gap between China and the western developed countries is narrowing, and China's aviation industry has a good foundation for rapid development.

3, the rapid development of the world's aviation power and many of the current realities facing our country, forcing our country must accelerate the development of their own aviation industry, civil products are so, military products is more so, this is a major strategic issue related to national security, has attracted great attention of the government, the government is also bound to give greater support.

Ten, the automobile manufacturing

1, from the current stage of China's economic development level, changes in the consumer structure and the construction of highways and other infrastructure, China is about to enter a period of rapid growth in demand for automobiles, it can be said that our country is now the world's largest potential automobile market, and this potential market is gradually developing into a real market.

2, the automobile industry has been clearly identified as China's need to vigorously develop the pillar industry, has been the national industrial policy of strong support.

3, in the world, the automobile industry is a typical oligopoly industry, at present, China's automobile enterprises and some multinational automobile companies, or relatively weak, after joining the WTO, China's automobile enterprises will be facing a lot of competitive pressure, and at the same time also face a very good opportunity for development.