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| Apr 6, 2008 |
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| Apr 6, 2008 |
For colour printing, China seems to be the hottest place on the global map
It is expected by the industry people that China will be the global leader in printing industry in the near future. Presently, China has some 1,80,000 printing plants employing 3.4 million workers. Apart from these local companies, government awards licenses to overseas printing companies that seek to establish branches in the country. Right from the catalog printing China to customized printing, China is fast becoming the preferred destination among the companies globally. At the Second China International Cultural Industry Fair at Shenzhen, a southern city in China, Mr. Long Xinmin, director of the General Administration of Press and Publications, announced that total output value of China's printing industry in 2005 was RMB 330 billion or $ 41 Billion. This amount accounts to 2% of the GDP of China. According the Mr. Lang, output value of the printing China sector is expected to grow by 8% annually during the next five years. It is being estimated that the printing industry in China is all set to make up 2.5% of the GDP in 2010.
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