Duty rates for dashcams from China
Dashcams, commonly associated with YouTube videos showing dangerous road incidents in Russia, are becoming more and more popular around the world, including the US and Europe. Those kind of devices are also relatively popular among the Chinese drivers, China is one of the world’s biggest producers of dashcams and huge part of this production is exported.
The market for medical equipment in China rises steadily. It is expected to grow to 3.7 billion USD by 2015 – by now, it accounts only for 14% of the country’s total pharmaceutical industry, but has an undoubted growth potential. The China’s healthcare infrastructure is still below the levels of developed nations, but the consumers’ expectations are rising, as well as their purchasing power.
Chinese chemical industry have been developing very quickly in the last thirty years, it can be said that China generates one third of the world’s global demand for chemicals (which is more than Europe). The government strictly controls foreign investments and offers a lot of help for stately owned enterprises, which are struggling to satisfy the growing demand.