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China Food and Beverage Industry
Newsletter April 2009

China Food and Beverage Industry
Newsletter March 2009

China Real Estate Market 2009

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Adoption in China ---Measures,
laws and regulations 2009 Edition

China Market Research

China Industrial news

GM's high hopes for bumper year in China market

Although it is facing the biggest challenge worldwide in its century old history, General
Motors has found the Chinese market is giving it a glimpse of hope for business
survival.

Last year, the US auto firm harvested record profits in China, benefiting from the
robust economic growth in the country.

The US automaker reported 1.83 million units sold across the country, an increase of
67 percent from the previous year.

It compared with a 46 percent year-on-year increase for China's total automobile
sales in 2009, spurred by the Chinese government's prompt stimulus package for the
automobile industry amid global stagnation. The stimulus included halving taxes on
smaller cars with an engine capacity of or less than 1.6-liters and subsidies for
trading in old vehicles.

The year of 2009 was very successful for GM in the China market. We forecast further
growth in 2010 as we are confident in the Chinese government's active moves to
support the local economy in such a global slowdown.

The biggest concern for a promising future here is that the Chinese government is
increasing money supply and China's investment climate will be very good this year.

In addition to expanding its capacity through adding production shifts and developing
its existing assembly lines to meet robust market demand, Lee said that GM was still
considering building a new plant in China in the near future to accommodate strong
growth in the world's largest auto market.

For the first two months of 2010, GM's sales in China rose 73.6 percent from a year
earlier to a record 393,498 units.

GM's February sales numbers, with year-on-year growth rate of 51 percent, exceeded
our expectations despite the Spring Festival holiday. The continued strong market
demand portends another record year for both the industry and GM in China in 2010.

ChinaMarketResearch.com 2010-03-08

China Industrial Newsletter 2010 New

China industrial newsletter covers 18 major industries in China, including logistics,
medicine, chemistry, food and beverage, metal, building materials etc. All these
industrial news are selected from major industrial newspapers and magazines in
China. Detailed contents could be seen here.
* Industrial newsletter for year 2008, 2009 are available for instant online delivery.

Lists of Manufacturers in China
ChinaMarketResearch.com has company directory of 480,000 Chinese
manufacturers and importers in all industries, updated annually. We provide lists
of Chinese manufacturers importers and traders upon special requests of clients.
Each list contains about 12-15 most important manufacturers in a certain industry,
including their tel, fax, email, website, contact person, major products. It will save
your time and help you to find exactly the companies you are looking for in China.
Please contact us for more information.

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