Papers on "The Chinese Fireworks Industry" and similar term paper topics

Paper #102101 :: The Chinese Fireworks Industry
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This paper evaluates the competitiveness of the Chinese fireworks industry.

Written in 2008; 1,103 words; 1 source; APA; $ 38.95

Paper Summary:

The paper examines the Chinese fireworks industry and the circumstances facing the economic decision-makers in its de-facto capital, the Liuyang Region. The paper evaluates Liuyang with Porter's five forces and analyzes the unique and complex situation due to the distinctive nature of its product market and the very limited room for product growth or diversification. The paper recommends that research and development, with a focus on technological opportunities, should take precedence in this industry.

From the Paper:

"Accordingly, notation of the rising presence of other fireworks manufacturing regions in China is a legitimate issue for Liuyang area, which has benefited from its singular historical association with its market. New entrants into competition however, such as the Liling area, are making it difficult for a product market with limited lateral growth potential to remain in the position which had advantaged it to this juncture.
"Another aspect of its industry which is changing quite rapidly is its greater facilitation of competitiveness. A symptom of China's increasingly free-market proclivities, the fireworks industry is no exception. The force of bargaining power now afforded its resource suppliers is certainly changing to the expense of the producer, with regions such as Liuyang now increasingly being forced to acquire supplies as a market value notably altered by more widely distributed resource demand and evident product value."

Tags: innovation growth global trade free-market producer supplier

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