Pollution Solutions
New Report on the Chinese Environmental Industry is Now Available
China’s conducive political environment coupled with sustainable economic development initiatives are likely to encourage environment protection. The environment industry in China is poised for growth, specifically the environment infrastructure and equipment sectors thereby indicative of likely robust growth for air, water and solid waste pollution treatment equipment. The Chinese environment industry is poised for growth with innumerable regional and infrastructural opportunities as analysed in this research service along with an insight into structure of the Chinese environment industry in the context of political and economic policy.
The environment industry has taken centre stage in recent times, and has been accorded priority by governments in both developed and developing countries. Environment protection is the latest buzzword as nations Green consciousness has set off a spate of environment development activities, especially in advanced regions such as the European Union. Such efforts assume greater importance in the face of environment degradation brought about by accelerated economic development, boosting environment industries across the world. With international agreements such as the Kyoto Protocol coming into force, even developing countries such as India and China have jumped onto the Green bandwagon. General economic policies greatly affect the environment industry, and industry-specific policies, wherever effectively enforced, provide added thrust. The economy of the country plays a huge role in strengthening and boosting the industry with its effective trade ties and inflows of foreign direct investment (FDI). These factors are vital for the growth of the environment industry. Social and infrastructural developments also provide support for the industry.
The Chinese environment industry is one of the fastest developing ones in the world, thanks in no small measure to the tremendous political support in the form of national policies and climate change plans. The country’s fiscal and trade policies, especially concerning international cooperation, have provided a further impetus to the environment industry. Currently, international manufacturers of air pollution treatment equipment, water and wastewater treatment equipment, and solid waste treatment equipment outnumber the domestic companies. Services such as recycling and clean production are also likely to come into focus. Environment equipment and services are critical in China, as its social structure has augmented pollution levels; however, trends indicate that the social composition of China is likely to be conducive to environment protection, giving a boost to treatment facilities and projects. Advancements in environment-friendly technologies, treatment technologies, and clean development mechanism projects are setting the stage for a well-developed environment industry. Regional and infrastructural opportunities coupled with favorable political and economic policies are likely to boost the environment industry in China.
Frost & Sullivan’s Environment Country Industry Forecast service provides vital inputs for evaluating the attractiveness of a country and its environment industry. Apart from enabling decision makers to assess the impact of non-market forces, it also helps in identifying new market opportunities. This service provides a strong base for preparing contingency plans. In addition, investors can assess industry-specific risk factors as well as conduct a more in-depth micro research.
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