China's paperboard Market is leading among fast-growing countries
although China's economic growth has gradually shown signs of slowing down recently, it has been strong for many years. The statistical results in the fourth quarter of last year showed that China's GDP increased by 9.5 percentage points over the same period of the previous year. Allan seychuk, an economist at RBC financial group, believes that it is reasonable to speculate whether there will be a second China. Allan seychuk made this comment earlier this month at the Canadian paper week's open packaging forum, where the company is also mainly inclined to these two areas in Montreal. He pointed out that the countries that pose challenges to China include Brazil, India and Russia, but he also launched the green design pilot acceptance of 99 enterprises, concluding that China will still lead the fast-growing countries
as one of China's many rapidly developing industries, its paper and paperboard market continues to receive attention. "China has rapidly entered the world market through international trade," he said. "Its development speed is too fast. In the medium term of the future, India's well-known chemical manufacturers such as kedupont, Cargill and BASF will continue to enter this market through mergers and acquisitions and joint ventures, which can affect the market, but it is far behind China in terms of trade and investment. India's high-tech exports are only 1/5 of China's. In addition, India can't match China in terms of infrastructure such as transportation, roads, railways and ports."
he added that 53% of China's economy is manufacturing, while 52% of India's economy is service industry, so now China and India are not on the same competitive line. "India's development is much more stable than China's, but to some extent, it has avoided the development of the world economy." He stated