| China, Strong Growth in the Stone Industry
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Access to the WTO and the 2008 Beijing Olympic Games boost the Chinese economy. strengthens its world leadership in production and in large exports China''s stone industry growing:according to China Stone Industry Association''s figures, the average rate has been last fifteen years. China''s membership of the World Trade Organization approved on 10th year will lead to an increase in exports, already at record level. Also, the decision to hold games in Beijing brought an enthusiastic wave to China''s economic and industrial environment. Olympics will lead to an increase in building and construction, with obvious advantages of finishings and stone. Other than its richness in raw materials, China can rely on very competitive costs: this went up from 0.34 to 0.44 dollars per hour (with a yearly growth rate of 9.8 % yet it is 60 times lower than in Europe. Nevertheless, yields are still very far from western rate of labour productivity in China is about 150 sqm/man, as opposed to 5,000 sqm in other example of the dangerous competitiveness of "Made in China" material in the European decision of the Bavarian Government to pave Muenchen''s second airport terminal with 110,000 Chinese granite. G603 Chinese Granite was preferred to other local materials since it costs Marks less and has similar quality standards (resistance to compressive stress and abrasion, absorbance). While Germany meditates on the chances and challenges of the progressive duties, how does Italy plan its strategy against China''s competitiveness? It certainly will advanced technology, currently in demand in China''s markets. This is also the opinion of Institute, organizing Italy''s official participation to Batimat China Exposition (Shangai, 23 building, housing and interior technology, material, and products.
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