China market is the source of gravity. In 2003, the growth rate of plastic pipe industry was 15%, the highest one of the world. Beijing is spending 1.6 to 2 billion USD in Olympic related projects, a part of which is certainly invested in piping systems. Further, investment on city infrastructure of Beijing pre-, during and post- Olympic is far beyond this scale. For example, to increase the sewage system capacity, Beijing is spending 1.5 billion USD and the sewage system will reach up to 4,000 kilo meters in 2008. It is reported that the whole budget on city infrastructure improvement will be about 35 billion USD.
A closer look on plastic pipe trade of China can reveal an important fact. In 2002, China exported 68 thousand tons of plastic pipes and gained 101 million USD. Meanwhile, China also imported 26 thousand tons of plastic pipes, which was worth 140 million USD. Combining both figures, an important fact found: In terms of quantity, China export plastic pipe was three times as much as the pipe imported. But in terms of value, the imported goods, at only 1/3 volume of the export ones, cost 40% more than the import revenue. In other words, a trade deficit of 40 million USD existed.

This is a result from the imbalanced structure of China plastic pipe industry. Behind the prosperous atmosphere is the fact that the most local manufacturers congregated at the lower end with lower entry barrier, aiming to make quick return on the investment. At the same time, the higher end market with better margin, but more demanding in technology is less attended. This has virtually left a significant market space for foreign companies.
Nevertheless, certain China producer, such as Foshan Rifeng Enterprise, has geared up to join the race. Leading with local brand but international quality, Rifeng is adding more value to the term of “Made in China”. In ISH China 2004, Rifeng is exhibiting side by side with oversea manufacturers.
Branded trade fair, strong potential and unique market segment, ISH China 2004 is worth your while.
Contact: Please visit www.rifeng.com
or E-mai: overseas@rifeng.com
Foshan Rifeng Enterprise Co., Ltd.
Tel: +86-757-82302754, 82301768
Fax:+86-757-82302879