The negotiations, which are under active preparation, will be focused on services and investment, and will result in a negative list, said Gao Feng,
spokesperson for the Chinese Ministry of Commerce, at a press conference held in
Beijing Thursday.
"China is willing to expand economic and trade cooperation with the ROK to jointly build and advance reciprocal bilateral ties Mitchell Trubisky Bears Jersey ," Gao said.
Taking effect at the end of 2015, the China-ROK FTA was designed to boost trade and bolster economic growth amid a lackluster global recovery and rising
protectionism. The two sides have carried out three waves of tax reductions.
So far, there have been 63,000 ROK-funded projects in China and more than 71.6 billion U.S. dollars of investment by ROK businesses.
The two countries still have huge potential in collaboration under the Belt and Road Initiative, trade facilitation and industrial capacity, Gao said.
According to a new market report published by Lucintel, the future of thermoplastic composites in the Asian consumer goods market looks promising with
opportunities in circuit breakers Roquan Smith Bears Jersey , power tools, appliances, and furniture applications. Thermoplastic composites in the Asian consumer goods market are expected to
reach an estimated $1.5 billion by 2022 and grow at a CAGR of 4.3% from 2017 to
2022. The major drivers for the growth of this market are growing demand for
consumer goods in the region and performance benefits of reinforced
thermoplastics over traditional materials; these benefits include weight
savings, recyclability, and resistance to moisture and chemicals.
In this market, appliances, furniture Khalil Mack Bears Jersey , circuit breakers, and power tools are the major end use applications. On the basis of comprehensive research, Lucintel forecasts that
the power tools, appliances and circuit breaker applications will show above
average growth during the forecast period.
By material type, short fiber reinforced thermoplastic (SFT) composites are expected to remain the largest
market for thermoplastic composites in the Asian consumer goods market in value
shipment because they offer versatility in processing.
By resin type, polyamide (PA) based thermoplastic composites and polypropylene (PP) based
thermoplastic composites in the Asian consumer goods market are expected to
remain the most widely-used thermoplastic composites by value and volume
respectively. Polyamide (PA) exhibits excellent mechanical properties, such as
stiffness and toughness to avoid problems associated with heat
distortion Kevin White Youth Jersey , temperature creep, and fatigue resistance. On the other hand, Polypropylene (PP) is inexpensive and has good electrical insulator, which
is augmenting its demand, particularly for high volume production. These
beneficial properties are likely to drive the consumption of polyamide and
polypropylene based thermoplastic composites in the Asian consumer goods market
over the forecast period by value and volume respectively.
Emerging trends, which have a direct impact on the dynamics of the industry, include continuous
innovation and development of new products and applications and establishment of
manufacturing facilities in high growth markets. SABIC Adam Shaheen Youth Jersey , DSM, BASF SE, DuPont, and Solvay are among the major suppliers of thermoplastic composites in the Asian consumer goods
market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for thermoplastic composites in the
Asian consumer goods market by application, resin type James Daniels Youth Jersey , and material type. Lucintel has prepared a comprehensive research report entitled ??rowth Opportunities for Thermoplastic
Composites in the Asian Consumer Goods Market 2017-2022.??The Lucintel report
Analysis.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market
assessments, competitive analysis, opportunity analysis Eddie Goldman Youth Jersey , growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For
further information, visit .
This report answers the following 10 key questions:
Q.1. What are some of the most promising, high-growth opportunities for thermoplastic composites in the Asian consumer goods market by
application (circuit breakers, power tools, appliances Cody Whitehair Youth Jersey , furniture, and others), resin type (Polyamide (PA), Polypropylene (PP), Polybutylene terephthalate (. Cheap Jerseys From China Cheap Jerseys Online Cheap Authentic Jerseys Cheap Authentic Jerseys Cheap NFL Jerseys Cheap NFL Jerseys Cheap NFL Jerseys China Cheap Wholesale NFL Jerseys Cheap NFL Jerseys Cheap NFL Jerseys Free Shipping
