Why can't the global printing consumables industry ignore China?

The report issued by Goldman Sachs Global Investment Bank in 2006 predicted that China's economy would surpass that of western countries in 2050. But Steve Weedon, CEO of Cartridge World, said that China had become the world's number one economy in 20 16, which was the first time that a developing country had done this.

At the China International Printing Consumables Industry Summit in June, 2065438, Steve Weedon mentioned that China has established a developed transportation system that runs through the whole country, including a perfect high-speed rail transportation network. Cluster manufacturing is the cornerstone of China manufacturing industry. At present, 65% of parts and components in China are produced with domestic raw materials, which greatly reduces the demand for imported parts and components.

He also pointed out that there are 680 printing consumables manufacturers in Zhuhai alone, and the export volume of these enterprises has exceeded 7.65 billion US dollars. The products supplied by these enterprises account for 68.4% of the inkjet printing market, 40. 1% of the toner market and 78.6% of the printer ribbon market.

He added that China's patent application for printing consumables has been completely ignored in the past, and it has turned into the world's leading patent applicant for printing consumables. He called on consumables suppliers to take off colored glasses and cooperate with printing consumables enterprises in China to avoid being left behind by China enterprises in the future.