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China Coatings Network
News: Despite the pressure of consumption tax collection, China's
coatings
industry continued to grow steadily in January-March 2015, with total output reaching 3.4364 million t, an adjusted increase of 8.25 percent year-on-year. Among them, Guangdong Province remained in the first place, achieving output of 617.6 million t, an adjusted increase of 4.85 percent year-on-year, Jiangsu Province output of 440.9 million t, adjusted output of 5.92 percent year-on-year, and Shanghai output of 387.8 million t, an adjusted increase of 17.77 percent year-on-year.
this year, Sichuan Province's paint production has increased rapidly, with total paint production reaching 259,100 tons in January-March, ranking second only to Shanghai, up 17.66 percent year-on-year. The most eye-catching is Hunan Province, January-March total paint production reached 223,300 tons, an increase of 22.55 percent year-on-year, the growth rate of the first provinces and cities; Secondly, Henan, Fujian, Anhui, Liaoning and other places of the paint industry is also very rapid development, worthy of attention!
addition, the impact of the consumption tax on paint production is expected to gradually appear in the second and third quarters of this year.
