At a dinner held last night in Shanghai at the EMC/Expo 2008, ITEM President Graham Kilshaw addressed an audience of approximately 100 leaders of China’s EMC industry. Speaking to representatives of EMC product manufacturers and suppliers, academe, and government, Kilshaw addressed concerns over the growth of China’s EMC market in the coming year. “There is no doubt that growth will slow in 2009,” he noted, “but likely China will still be growing at over 9 percent next year, far better than most other regions of the world.” China’s GDP has been growing at 12 percent for the last five years. “There are always opportunities in recessionary periods,” Kilshaw went on. “You just have to look for them and be prepared to change strategy. He noted the $586 billion stimulus package announced last week by China’s State Council and pointed out the opportunities inherent in China’s plan to invest in specific industry sectors—including renewable energy, R&D, expanding the national power grid to the western provinces, expansion of the national rail network, and renewed research efforts in high tech electronics that will likely include a 4G network. Check out EMC/Expo 2008 atwww.emcexpo.com, and check back next week for a further report and photo gallery from this year’s expo.
