Guangdong plastics protected by intellectual property
Nov 10, 2007
Trimmed by IPsoon Global Agency

Although China¡¯s first modern manufacturing base, the Pearl River Delta, faces labor shortages, rising wages and other issues, the southern province of Guangdong continues to lead the way in plastics manufacturing.

 

The latest statistics show Guangdong produced a quarter of China¡¯s total output of plastic goods in 2006, while its share of the country gross domestic product represents one-eighth of the national total.

 

¡°Guangdong is doing especially well with plastic pipes, containers and consumer products,¡± said Fu An, president of the Guangdong Plastics Industry Association, in a May 20 speech at the China-India Plastics Industry Summit 2007 in Guangzhou.

 

Guangdong houses one of China¡¯s largest processors, Foshan Plastics Group, as well as China¡¯s largest compounder, Guangzhou Kingfa Science & Technology Co. Ltd., and Asia largest plastic beverage bottle producer, Zhuhai Zhongfu Group.

 

Fu estimated Guangdong produced 650,000 metric tons of polyethylene, 650,000 metric tons of polypropylene and 470,000 metric tons of polyester in 2006.

 

¡°In the years to come, Guangdong plans to complete 13 key petrochemical projects with 358 billion yuan in total investment,¡± Fu said. That includes 248 billion yuan during the period from 2006 to 2010. Fu said this will substantially increase resin production capacity and influence the plastic processing industry.

 

¡°We also need to improve intellectual property protection and attract higher-end investment,¡± he said.

 

IPsoon Global Agency comments:

Domestic companies should attach importance to their own China intellectual property rights to protect business profits when competing for market.