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Global Coatings Network News:
Global Coatings Network News:"Although China's economic growth has slowed down, it is still at a leading level compared with other countries and regions in the world.
On the same day, the groundbreaking ceremony for the Akzo Nobel decorative paint production base jointly built by Akzo Nobel from the Netherlands and Swire Group of the United Kingdom was held in Qionglai, Chengdu.
Affected by the slow recovery of the global economy, Akzo Nobel’s 2014 2nd quarter report was not eye-catching: sales reached 3.
Don Bona believes that in the absence of confidence in the economic recovery of Europe and the United States, the best way for Akzo Nobel to continue to grow against the market is to continue to focus on China and increase investment in it.
In Don Bona’s view, although China’s economic growth has dropped from a “double-digit” high growth rate to 7.
"We will continue to invest in China.
In fact, the slowdown in China's economic growth has been reflected in the downturn of the real estate industry.
"In the past 18 months, China's real estate has begun to decline, and we have been paying close attention.
"The decline in Chinese real estate is implicated in Akzo Nobel's decorative paint business in China.
It is worth noting that Tang Bona pointed out that the western region of China is currently developing faster than the central and eastern regions.
With the acceleration of China's urbanization and ecological civilization construction, by 2030, 68% of the population may live in cities and towns.
It is understood that Akzo Nobel has opened more than 4,000 stores in China.
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