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From the market opportunity, the international financial turmoil has caused tremendous pressure on foreign counterparts to increase the space for Chinese companies to participate in international competition and cooperation in building ceramics, sanitary ware, mosaics and stone. Although China's ceramic tile, sanitary ware, mosaic, stone and other building materials exports are far lower than Italy and Spain's exports to the United States, in terms of ceramic tiles, stone, China's building materials only ranks eighth in the United States related products importing countries. However, the impact of the international financial turmoil on European and American building materials manufacturers is far more than that of Chinese companies. In particular, China's ceramics industry has developed rapidly after nearly 30 years. Whether it is ceramics technology or product quality, it is among the most advanced in the world. In the case of a general decline in purchasing power, the purchasing power driven by rigid demand will make a wise choice for cost-effective CNBM.
At the "COVERINGS - American International Ceramics, Stone and Flooring Materials Expo" held in Chicago, USA in April, Sodi's newly designed stone sheet - ultra-thin natural wall stone (or large-size natural stone mosaic) in the United States The consumer market is sought after is the best example.
In addition, US President Barack Obama launched a set of foreign tax reform programs on May 4th, including raising the income tax of US companies investing abroad and cracking down on tax evasion using “tax havensâ€. These measures are expected to increase the huge tax revenue for the US government. The return of US overseas investment will also increase local investment and reserves, and the increase in local investment and reserves will help solve the current economic problems at an early date. We can also boldly predict that in the near future, along with the revival of the US construction industry, cost-effective Chinese building materials will certainly increase imports.
American building materials market is worth looking forward to
As we all know, the financial turmoil triggered by the US subprime mortgage crisis has brought a heavy blow to the development of all walks of life in all countries of the world. Undoubtedly, under the financial turmoil, all countries in the world are busy sweeping the snow in front of themselves - busy with "golden holes." The "original birthplace" of the financial turmoil is generally seen as "seeing". As a world economic power, the total economic volume of the United States is still not to be underestimated. Moreover, "bad ships have three pounds of nails." In 2008, China's export of building ceramics exceeded 670 million square meters, and quite a part of it was achieved by export trade to the United States. It can be said with certainty that the US building materials consumer market is still worth waiting for. From a broad point of view, the economic and trade relations between China and the United States are closely related to the real world politics and economic structure, and have a wide range of important common strategic interests.