Sectors to Watch in 2018
Based on China’s new regulatory focus on technology and innovation, as well as the powerful trends and business models re-shaping consumption, these are some of the sectors where we foresee high potential for growth for foreign companies in 2018.
Government incentivised automation, rising labour costs, infrastructure investments, and overall quality improvements.
Industrial robots, testing platforms, 3D printing, and the mid-tech market.
Tougher environmental regulations, government investment and incentives, pollution and rising health concerns, and an urbanisation rate that is set to reach 60 percent by 2020.
Industrial waste management, clean energy and smart electric grids, water treatment technologies, and green construction products/materials.
The government’s “Healthy China 2030” plan, growth in private and specialised clinics, an ageing population, and higher disposable incomes.
Diagnostic imaging equipment, the value segment, and devices to treat lifestyle diseases such as cancer and diabetes.
Subsidies and incentives for new energy vehicle (NEV) buyers, NEV quotas (10 percent of OEM sales must come from NEVs by 2019), and government investments in charging infrastructure.
Electric and plug-in hybrid vehicles, battery technology, and components for connected and smart cars (such as sensors).
E-commerce and social media, higher disposable incomes, increasingly brand-savvy consumers, and growing government investment and incentives to develop the sports & fitness industry.
Mid-range brands with heritage, niche brands, “athleisure” apparel and accessories, and winter sportswear and equipment.
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