China Industrial Production: YoY: Automobile: Low Speed Truck: Three-wheeled data was reported at 2.500 % in Feb 2013. This records a decrease from the previous number of 27.500 % for Dec 2012. China Industrial Production: YoY: Automobile: Low Speed Truck: Three-wheeled data is updated monthly, averaging 4.800 % from Feb 2009 (Median) to Feb 2013, with 45 observations. The data reached an all-time high of 93.800 % in Nov 2009 and a record low of -30.400 % in Jul 2010. China Industrial Production: YoY: Automobile: Low Speed Truck: Three-wheeled data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BA: Industrial Production: Year on Year Change.

In 2024, the real gross domestic product (GDP) of Beijing municipality in China increased by 5.2 percent from the previous year. The growth speed of the GDP in Beijing slowed down over the years.

China Industrial Production: YoY: Automobile: Low Speed Truck data was reported at 4.500 % in Feb 2013. This records a decrease from the previous number of 17.400 % for Dec 2012. China Industrial Production: YoY: Automobile: Low Speed Truck data is updated monthly, averaging 6.100 % from Feb 2009 (Median) to Feb 2013, with 45 observations. The data reached an all-time high of 91.000 % in Nov 2009 and a record low of -28.100 % in Jul 2010. China Industrial Production: YoY: Automobile: Low Speed Truck data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BA: Industrial Production: Year on Year Change.

Over the past 40 years of reform and opening up, China has rapidly grown from an agricultural country to the world’s largest industrial country and the largest manufacturing country. However, while the industry is developing rapidly, it is also accompanied by the poor quality of industrial development such as insufficient upgrading and transformation of the industrial structure. Under China's current land system design framework, various local governments have conflicting areas in the supply of industrial land. In reality, local governments often formulate differentiated industrial land supply strategies to respond to changes in the external environment or at least include established goals such as industrial transformation and upgrading. Instead, industrial development is closely related to the construction of transportation infrastructure. With its advantages such as fast speed, punctuality and unaffected by bad weather conditions, the high-speed rail has a profound impact on the development of China’s regional economic structure and people’s production and lifestyles. It can be seen that the huge changes in the regional economic geography brought about by the opening of the high-speed rail. The land supply strategy of the local government, especially the industrial land supply strategy, will inevitably be changed accordingly, which will affect the national economy, especially the implementation of the industrial breakthrough development strategy. Briefly speaking, on the one hand, the opening of high-speed rail can release cargo transportation routes squeezed by passenger transportation demand, thereby reducing transportation costs, speeding up the frequency of interchange of mobile elements, and encouraging industrial enterprises to gather in the opened cities for production activities, which may prompt local governments to increase areas. Industrial land supply scale. On the other hand, the opening of high-speed rail will change the accessibility between cities and increase the land rent of cities along the route. In view of the different land cost sensitivity of various industries, changes in urban land rent will encourage different industrial enterprises to relocate or agglomerate, which may prompt local governments. The government changes the supply structure of regional industrial land. It is worth noting that the regions are not independent individuals, and there is significant spatial interaction in the industrial land supply strategy between local governments. This means that when the opening of the high-speed rail prompts a change in the supply strategy of industrial land for local governments in cities, due to the strategic interaction between local governments, local governments in neighboring cities are likely to adopt "imitation" or "replacement" strategies for feedback. That is, the opening of the high-speed rail has not only a direct impact on the local government's industrial land supply strategy, but also a spatial spillover effect. Then, how does the opening of the high-speed rail affect the local government's industrial land supply strategy? Is there any space overflow impact? What is the impact mechanism behind it? The answers to these questions are not only conducive to theoretically revealing the impact mechanism of the opening of high-speed rail on land supply, enriching existing transportation infrastructure and local economic development related research, but also helping to provide scientific references for improving local government land supply policies in practice. Especially under the pressure of slowing economic growth and focusing on upgrading, transformation and high-quality development, it provides a reference for local governments to rationally use the effect of high-speed rail to upgrade and transform the industrial structure and high-quality sustainable development. It has certain theories and reality. significance. Therefore, this research first analyzes the impact mechanism of the opening of high-speed rail on the industrial land supply strategy of local governments from the theoretical level, and uses the macro and micro data sources such as the high-speed rail opening data, land transfer data and related statistical yearbook data during 2007-2016 to construct separately Multi-period DID and spatial DID measurement models to empirically test the impact of the opening of high-speed rail on the local government's industrial land supply strategy (supply scale and supply structure) and its spatial spillover effect (that is, whether it also affects the industrial land supply strategy of neighboring cities). The results of the research are as follows: (1) The opening of high-speed rail releases freight transportation lines that are squeezed by passenger demand and reduces freight transportation costs. According to the theory of new economic geography, this "transportation cost effect" will significantly accelerate the frequency of inter-regional flow of economic...

China Industrial Production: YoY: Year to Date: Automobile: Low Speed Truck: Three-wheeled data was reported at 7.600 % in Feb 2013. This records a decrease from the previous number of 9.600 % for Dec 2012. China Industrial Production: YoY: Year to Date: Automobile: Low Speed Truck: Three-wheeled data is updated monthly, averaging 7.200 % from Feb 2009 (Median) to Feb 2013, with 45 observations. The data reached an all-time high of 24.200 % in Feb 2010 and a record low of -5.100 % in Feb 2009. China Industrial Production: YoY: Year to Date: Automobile: Low Speed Truck: Three-wheeled data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BA: Industrial Production: Period on Period Change.

China is in a critical stage of economic growth mode transformation. The digital transformation of the manufacturing industry may create new impetus and new models for economic growth. Taking the manufacturing industry of 25 prefecture-level cities in the Yangtze River Delta region as the research object, we explore the digital transformation process of the manufacturing industry and verifies its theoretical mechanism of promoting economic growth through the industrial structure. A panel model based on the improved Feder two-sector model and a multiple mediating effect model are established to explore the dynamic mechanism of manufacturing digital transformation to promote economic growth through industrial restructuring. The results show that the digital transformation of the manufacturing industry in the Yangtze River Delta region of China is relatively high, and the speed of digital transformation has been accelerating in recent years. The digital transformation of the manufacturing industry can promote the change in industrial structure and form a new driving force for economic growth. The key is to improve the level of industrial structure and extend the length of the industrial chain. Based on these, we propose measures to promote the transformation and upgrading of industrial structure for the sustainable development of China’s economy.

China’s High-speed railway (HSR) network had experienced rapid expansion during 2009 to 2013, and how the HSR expansion affects China’s economy has been considerable concerned by both policymakers and researchers. Using firm-level data, this study accessed the effects of HSR on productivity distribution and resource misallocation among manufacturing firms. Incorporating difference in difference idea into a multilevel model, the results suggest significant misallocation rectifying effect of HSR at firm level. This effect is stronger for capital-intensive firms. City-specific analysis indicates that the effects of HSR on firm-level resource misallocation varies with city size, and firms grouped in small cities gain more misallocation rectification than those grouped in big and medium cities. Market potential, which is an important way through which the HSR affects efficient allocation of production resources, is found boost the marginal effect of HSR by reducing labor market segmentation and increasing agglomeration.

The income gap between regions and its expansion are the main manifestations of the imbalanced and inadequate economic development in China. High-speed railway (HSR) construction is regarded as an important method to drive domestic demand, drive the pulse of the economy, and promote the coordinated development of regions. Based on the opening of HSR and the acceleration of ordinary railways, we used the weighted average travel time model and accessibility coefficient to estimate the changes on accessibility in 286 cities at prefecture-level and above from 2000 to 2018. Then, the influence mechanisms of improving regional accessibility on urban residents’ income were estimated by using the bidirectional-fixed effects panel model and the recursive model respectively. We found that: (1) The accessibility of urban areas has been greatly improved due to the opening of HSR and the acceleration of ordinary railway, among which the improvement of HSR cities is greater. (2) The improvement of regional accessibility significantly promoted the income growth of urban residents, and the increase of the regional accessibility coefficient by 1 unit led to an average increase of 2140 yuan in the per capita disposable income of urban residents. (3) There is regional heterogeneity in the impact of improving regional accessibility on urban residents’ income, and it has a significant effect on the eastern and northeastern regions. It has a greater positive effect on improving the income of residents in central cities compared with peripheral cities. (4) Regional accessibility can promote urban income growth through regional employment and fixed asset investment. In the future, the transportation network should be further improved to facilitate the regional economic cycle, strengthen the coordination and complementarity of regional economies, and promote regional economic integration so as to promote the improvement of resident income level and the common prosperity of the people.

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Power Tools Market Size 2024-2028

The power tools market size is forecast to increase by USD 16.84 billion at a CAGR of 7.2% between 2023 and 2028.

The market is experiencing significant growth, driven primarily by the surge in global construction and infrastructure development activities. This trend is particularly evident in emerging economies, where infrastructure development is a priority to support economic growth. Another key factor fueling market growth is the integration of smart technologies into portable power tools, offering enhanced functionality, improved efficiency, and increased safety. However, the market is not without challenges. The volatility in prices of raw materials used in the production of power tools, such as steel and copper, poses a significant risk to manufacturers and suppliers. This price volatility can lead to increased production costs and potentially impact profitability. To capitalize on market opportunities and navigate these challenges effectively, companies must focus on supply chain optimization, cost management, and innovation to deliver competitive products that meet the evolving needs of customers in the construction and infrastructure sectors.

What will be the Size of the Power Tools Market during the forecast period?

Request Free SampleThe market is experiencing significant advancements, with combo kits and power tool sets gaining popularity due to their versatility. Longer battery life and energy efficiency are key factors driving demand. Data analytics and remote monitoring enable users to optimize tool performance and maintenance. Impact resistance and tool-free systems ensure durability and convenience. Brushless motor technology and high-torque output deliver improved power and efficiency. New innovations include smart tools with electronic clutches, tool-free design, and variable speed control. Dust extraction systems and overload protection ensure safety and productivity. Charge time is decreasing with advancements in battery technology. Emerging trends include the integration of AI, green technology, and cloud connectivity. Modular and compact designs cater to evolving workspace requirements. 3D printing and VR/AR technologies offer new possibilities for tool customization and training. Safety features remain a priority, with advancements in overload protection and electronic clutch systems.

How is this Power Tools Industry segmented?

The power tools industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. End-userIndustrialResidentialTechnologyElectricPneumaticOthersProductDrillsSawsWrenchesGrindersSandersOthersDrillsSawsWrenchesGrindersSandersOthersGeographyNorth AmericaUSEuropeFranceGermanyMiddle East and AfricaAPACChinaJapanSouth AmericaRest of World (ROW)

By End-user Insights

The industrial segment is estimated to witness significant growth during the forecast period.Power tools play a pivotal role in industrial processes, improving efficiency and productivity. These tools, available in electric, pneumatic, and cordless variants, enable faster and more precise task completion, contributing significantly to increased overall output. The industrial end-user segment holds a substantial share of the market. Factors such as industry-specific requirements, technological advancements, and economic growth influence the market landscape for power tool users in the industrial sector. The manufacturing industry's expansion is a major driving force behind the market for industrial power tools. As consumer and industrial product demands continue to rise, manufacturers require effective and dependable power tools to meet their production needs. Integration of advanced features, such as app control, tool-free adjustments, depth gauges, and Bluetooth connectivity, enhances the functionality and convenience of power tools. Power tool accessories, including planer blades, router bits, sanding discs, and grinding wheels, cater to various applications, ensuring versatility. Cordless tools, powered by lithium-ion batteries, offer the advantage of portability and reduced maintenance. Brushless motors provide higher efficiency and longer motor life. Tool-free chuck changes and blade changes save time and effort. Ergonomic designs, variable speed control, and smart technology further improve user experience. Dust collection systems ensure a cleaner work environment. Automotive repair and professional contractors are significant consumers of power tools. Power screwdrivers, impact drivers, wrench drivers, and nail guns are essential tools for various applications. Circular saws, reciprocating saws, and grinders are heavy-duty tools used in heavy-duty applications. Laser guidance and integrated LED lighting provide better accuracy

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FMCG Market Size 2025-2029

The FMCG market size is forecast to increase by USD 456.9 billion at a CAGR of 3.2% between 2024 and 2029.

The fast-moving consumer goods market is experiencing significant growth driven by several key trends and factors. One of the most notable trends is the increasing preference for e-commerce platforms as a distribution channel. With the global e-commerce market projected to reach unprecedented heights, FMCG companies are capitalizing on this trend by expanding their online presence and improving their digital capabilities. Another significant factor fueling market growth is the rising consumption of ready-to-eat food products.
However, the market also faces challenges, particularly in emerging economies where infrastructure development lags behind. The lack of proper infrastructure, including transportation and storage facilities, can make it difficult for FMCG companies to effectively distribute their products and maintain their supply chains. Despite these challenges, the market presents significant opportunities for companies seeking to capitalize on emerging trends and navigate the complex market landscape.
By focusing on digital transformation, investing in innovation, and building supply chain capabilities, FMCG companies can effectively meet the evolving needs of consumers and stay ahead of the competition. Additionally, companies that are able to successfully navigate the challenges presented by emerging markets can tap into significant growth potential and gain a competitive edge in the global marketplace.

What will be the Size of the FMCG Market during the forecast period?

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The Fast-Moving Consumer Goods (FMCG) market encompasses a diverse range of products including food and beverages, oral hygiene, home care, and cleansing items. This market is driven by various factors, including changing lifestyles and the growing middle-class population. Consumers are increasingly seeking healthcare and lifestyle products, such as food and beverages with health benefits, oral hygiene items, and natural or sustainable options. The rise of dual-income families and e-commerce platforms has led to a shift in shopping behaviors, with more consumers opting for online purchases.
However, the market also faces challenges, such as the proliferation of counterfeit brands and the need to address consumer preferences for green alternatives. Overall, the market is a significant and dynamic sector, with continued growth expected due to evolving consumer demands and trends.

How is this FMCG Industry segmented?

The fmcg industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Food and beverage
  Personal and beauty care
  Health and hygiene care
  Home care


Distribution Channel

  Offline
  Online


Product Type

  Premium
  Mass market
  Private label


Production Type

  In-house
  Contract-based


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    US
    Canada


  Europe

    France
    Germany
    Russia


  Middle East and Africa



  South America

    Brazil

By Type Insights

The food and beverage segment is estimated to witness significant growth during the forecast period. The Fast-Moving Consumer Goods (FMCG) market experienced growth in 2023, driven by increasing demand for packaged and processed foods in both developed and emerging economies. Economic progress and rising disposable income levels have fueled this trend, particularly in sectors such as food and beverages, oral hygiene products, home care, and packaged foods. In response, food processing and packaging solutions have expanded to meet the growing demand for convenient and differentiated products. For instance, Thomas Foods introduced a new croissant bread product, combining the flaky layers of a croissant with the convenience of sliced bread. Additionally, changing lifestyles and consumer preferences have led to increased demand for sustainable shopping, natural and plant-based options, and counterfeit-free products.

The urban, semi-urban, and rural sectors have all seen growth in FMCG sales, with online purchasing and retail platforms, including e-commerce, specialty stores, convenience stores, and retail stores, gaining popularity. consumer electronics, pet care, and health care sectors have also seen growth in the market. Manufacturers are increasingly focusing on in-house and contract-based production, subscription services, and mobile apps to meet consumer demands and compete in the market.

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The food and beverage segment was valued at USD 1277.40 billion in 2019 and showed a gradual increase during

工业生产:同比:汽车:低速载货在02-01-2013达4.500%，相较于12-01-2012的17.400%有所下降。工业生产:同比:汽车:低速载货数据按月更新，02-01-2009至02-01-2013期间平均值为6.100%，共45份观测结果。该数据的历史最高值出现于11-01-2009，达91.000%，而历史最低值则出现于07-01-2010，为-28.100%。CEIC提供的工业生产:同比:汽车:低速载货数据处于定期更新的状态，数据来源于国家统计局，数据归类于中国经济数据库的工业行业 – Table CN.BA : 产品产量 : 同月比。

Results of changing the independent variable and PSM-DID.