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Author:Xu, Heping
Title:Characteristics of supply and demand on industrial product market and future trends (original in Chinese)
Journal:Economic Management (c)
1999 : 1, p.38-39
Index terms:INDUSTRIES
COMMODITY MARKETS
CHINA
Language:chn
Abstract:Basic characteristics of changes in market demand and supply include:(1)Changes in characteristics of supply: Brand competition intensifies and the degree of market concentration increases. Domestic brands occupy a dominant position. Pressures of international competition is obvious. Technological changes and supply cycles have shortened. Price competition is exceptionally fierce.(2)Changes in consumption demands: Consumption level has risen rapidly and disparity in consumption becomes increasingly clear; the rational degree in consumption increases; Changes in consumption pattern and expansion in consumption ranges have led to the diversion of industrial product consumption. Future trends are as follows: It is estimated that the retailing of social goods will increase by 8.6 percent. Focal consumption fields include health products...
SCIMA record nr: 197419
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