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To: no1coalking who wrote (1428)	10/29/2007 1:58:37 PM
From: no1coalking	Read Replies (1) \| Respond to of 2774

CHINA GROWTH: China's Industrial Growth Expected to Continue for the Next 15 Years SUGAR LAND--October 29, 2007--Researched by Industrial Info Resources (Sugar Land, Texas)--China's staggering growth has been reported by news agencies around the world for at least the past five to seven years. The billions of dollars that are annually being poured into the economy leave some wondering when this industrial spending engine will slow down. Over the course of 2007, Industrial Info Resources committed resources to increase global project tracking with a focus on China, in order to provide our clients up-to-date project spending, analysis and industry trends in the fastest-growing economy in the world. China is determined to rise as a superpower in the world and is incredibly aware that one aspect of this journey is to develop a competitive, massive industrial base. The major industries that China is investing in are Power, Oil & Gas Production, Refining, Chemical Processing and Metals & Minerals. So far in 2007, Industrial Info has reported on more than 420 industrial projects in China, compared with 106 reports for all of 2006. That is a 300% increase in coverage in China alone. China plans to secure oil and natural gas to continue to feed its appetite for power and feedstock. With the government leading the charge in securing these necessities, as well as pushing domestic investment to legitimize the need for these resources, China has witnessed a flurry of industrial planning and spending. China also plans to increase oil-refining capacity by 116 million tons a year by 2010. Technology is another category that China has put emphasis on during this time of growth. Coal-to-chemical projects are popping up across the country as China takes advantage of its vast coal resources to convert to chemicals and rely less on oil and natural gas for its chemical production feedstock. Universities and institutions across China are devoting large amounts of time and manpower to developing and enhancing this technology building its accessibility and efficiency. Many of the complexes are being planned and constructed adjacent to existing and developing mines, thereby increasing China's mining capacity. The Power Industry in China has been mandated to develop "green" projects that include wind, hydro, solar and even urban garbage as its feedstock source. Windfarms are being planned and built in every region and area that has a great amount of wind power density. The Three Gorges Dam, estimated to be the most costly construction project in history with an initial project conception dating back to 1919, supplies five provinces in China: Hubei, Hunan, Henen, Jiangsu and Anhui. Work continues on the project as more units are added to increase the produced megawatts since the dam officially went online in 2003. Another power trend in China is the use of urban garbage as feedstock for power plants. The country hopes to kill two birds with one stone with this technology by providing much needed power, as its urban population grows as rural residents move to the cities to find work, and a means of disposing its mounting waste and garbage. China is ripe for investment and the growing opportunities beckon foreign investment and Western know-how. Industrial Info Resources is providing market coverage of spending in China as well as the contacts involved in the decision-making process. China's entrance into the World Trade Organization has opened many doors for foreign firms and companies involved in industrial sector technology and construction, and China's need for outside assistance has kicked the doors wide open. Don't let this opportunity pass you by, Click Here, or contact Industrial Info Resources today to find your fortune in China. Industrial Info Resources (IIR) is the leading marketing information services company for the industrial process, heavy manufacturing and energy-related markets throughout the world. For more than 24 years, IIR has provided accurate and timely intelligence through products such as plant and project information databases, focused market databases, industry forecasting, key industry contacts, industry and territorial map products, direct marketing services and applications, and daily industry news. --------------------------------------------------------------------------------