China growth continues

(NPES International E-commerce Website, July 12, 2008) Printing and Printing Equipment Industries Association of China(PEIAC) has said it expects Chinese printing to develop rapidly with an expected rate of 8% in the coming years.                

The national trade association held a conference at drupa on 2 June, where it highlighted print trends: digitising, diversification, speed to market and networking.

Wang Demao, vice chairman of PEIAC, said he expected to see rapid development in digital and inkjet printing in China.

For over a decade, he said Chinese print had been experiencing a tremendous period of growth ,peaking at around 10% annually.

According to the association's statistics, the total turnover of China's printing industry reached RMB 440bn in 2007 spread across 100,000 printing businesses, which between them employ around 3.9m staff.