As Beijing prepares for the 2008 Olympic Games, over US$26 billion in production costs and 430,000 new jobs will be needed to construct new infrastructure including stadiums, roads and subway lines.

Industrials

The Market

China has more steel mills than the US, Japan, and Russia combined, is ranked first in stainless steel output and produces a third of the world’s aluminum. It also accounts for almost half of the world’s cement and flat glass production and its construction industry employs more than the population of Canada. Foreign firms are buying into the industrial boom by acquiring assets in China or by setting up low-cost production centers, while others are interested in selling international production facilities to Chinese investors. Chinese firms are going international to help feed their appetite for expansion, either by seeking a foreign partner in China, or looking overseas for partners or acquisitions.

How we can help you access this market

The Balloch Group opened an office in Wuhan in early 2007 after realizing the potential for doing business in the industrial heartland. We have worked with major foreign and Chinese steel companies, bringing them together to form important new partnerships. Our experience in the sector puts us in a good position to work with your company, no matter how you want to access the domestic or international market. Our clients and success stories pages provide more information on our achievements in this sector. Or, you can contact us directly to learn more about what we can do for your firm.