(CRI-report) – During January and May in 2012, the fixed asset investment of papermaking and paper product industry, all slightly increased, with an increase of CNY 37.358 million compared with that in the corresponding period in 2011.
According to the statistics, during January and May in 2012, the finished investment in papermaking and paper product industry nationally was CNY 73.377 billion, increasing by CNY 12.084 billion compared with that in the corresponding period in 2011, with a rise of 19.71% YOY. The finished investment amount accounted for 1.86% of total finished fixed asset investment amount of manufacturing. The total fixed asset investment of papermaking industry exceeds the sum of total fixed asset investment of publishing, culture & education, sporting goods manufacture . As a consequence, the papermaking industry is the key investment direction among related industries.
Papermaking industry has a bright investment prospect, which has the following two investment directions. First and foremost, the demand of traditional papermaking industry is sluggish, while the life paper steadily expands owing to consumption upgrading. On a specific level, the sluggish demand for traditional papermaking and the over capacity cannot be improved in a short period. However, as the rigid consumer goods, the demand for high-end wood pulp life paper continues expanding and the supply and demand is sound. The expansion speed of leading enterprises is quicker than the average growth speed of the industry. Currently, the price of wood pulp still wavers in the freezing point. Leading enterprises of life paper have the inventory of raw materials for over 6 months, they will therefore enjoy the recovery of both net profits and performance.
Moreover, the specialty paper is also the investment point. In 2011, the output of specialty paper and paper boards was 2,100 thousand tons, with an increase of 16.67% compared to that in 2010; the consumption was 1,790 thousand tons, rising by 9.15% compared to that in 2010. In China, the market potentials of the specialty functional paper and paper boards are large and the profit of paper products is high. The shift of world’s papermaking industry brings the market to China. However, the investment strength and product versatility of the industry is bad, which requires to strengthen research development and intellectual property protection.
With the development and efforts, China’s papermaking industry bears some fruits. In the period of “12th five-year-plan”, China’s papermaking industry eliminates the lagged production capacity of paper and paper products for over 10,000 tons and the new sewage disposal ability is 3,000 thousand tons, which benefits the international competition of papermaking industry. It can be seen that the government make policies to promote the development of papermaking and paper product industry, such as the introduction of a series of favorable policies to encourage enterprises expanding to foreign countries and other methods.
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