Chinese Printing Industry: Primed to Be Largest Market

The statistics are overwhelming: In 1978, the Chinese printing industry output value was only 4.8 billion RMB (6 RMB equals U.S. $1). By the end of 2011 that number had reached 868 billion RMB which, by the way, makes China the second largest printing market in the world, after the United States.

More startling data: There are more than 102,000 printing enterprises with over 3.5 million employees. Of these enterprises, 47,000 focus on packaging, with an output value of 632 billion RMB (20.5 percent annual growth rate); 6,800 focus on publication printing, with an output value of 131.3 billion RMB; and 48,000 serve other markets, with an output value of 106.4 billion RMB.