水泥行业：风险快速释放，安全边际提升。玻璃行业：看好超薄玻璃-ITO 玻璃-触摸屏产业链。新型建材：推荐东方雨虹、北新建材。

关键词：水泥行业；玻璃行业；新型建材

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Over the last few years, the Automotive industry in China has witnessed slow but steady growth in sales of automobiles. The increasing number of vehicles in the country has led to a gradual increase in the demand for automobile bodies and trailers. The Automobile Body and Trailer Manufacturing industry in China is primarily involved in the manufacture of three products: vehicle bodies, trailers, and parts for vehicle bodies and trailers.The Automobile Body and Trailer Manufacturing industry in China is growing steadily. The production of automobile bodies and trailers has recently gained momentum, and the demand for them in the industry is expected to increase during the forecast period. The industry is dominated by East China, which is followed by Middle South China and North China. The overall industry is expected to grow at a CAGR of 13.8 percent during the period 2012–2016.

关键词：中国汽车；车身；拖车；需求；市场预测

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本报告关注点：目前旅游业正经历危机，上市公司估值下滑，否极泰来应可期。建议投资者布局年十一黄金周。未来中国宏观经济前景堪忧，经济运行中不稳定和不确定因素仍然较多。在商务活动指数处于低位，消费价格指数处于高位的双重挤压下，旅游业呈现出营业收入增速下降，成本费用提升的局面，这使得旅游业净利润率收窄，净利润增幅下滑。旅游业是强周期性行业，将受到经济下行的威胁。

关键词：旅游；酒店；交通运输；餐饮；零售

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The transformation of the Chinese economy is a major topic in the media these days, covered by publications as diverse as the Wall Street Journal, Al Jazeera and Xinhua. It is also a focus of high-level Chinese politicians such as Wen Jiabao and his successor as Prime Minister, Li Keqiang. The aim of this paper is firstly to give an overview of the type of transformation to be expected within the next 10-20 years and secondly to discuss its general impact on the chemical industry in China.Finally, the consequences of economic transformation for specific segments of the chemical industry will be discussed.Such an analysis may provide industry participants with insights regarding the relative attractiveness of different chemical products and segments, and thus may be a useful input for strategic and investment decisions.The transformation of the Chinese economy will have a substantial impact on the chemical industry.However, the impact depends much more on the specific chemical segment than on the general properties of the chemical industry.

关键词：中国经济改革；化工；轻烃；丁二烯；聚丁二烯橡胶

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Tires, the integral component of automobiles, are manufactured using raw materials such as natural rubber, nylon tire cord fabric, and carbon black. Rubber chemicals and synthetic rubbers, such as styrene butadiene rubber and poly butadiene rubber, are also used in the manufacture of tires. The Tire market in China caters to various vehicle segments such as Two Wheeler, Passenger Car, Truck and Bus, Light Commercial Vehicle, and Tractor segments. The demand for tires and automobiles are interdependent. Various types of tires, such as cross ply or bias tires and radial tires, are manufactured in China.The Tire market in China is growing steadily. The production of auto parts has recently gained momentum and the demand for tires is expected to increase during the forecast period. The market is dominated by East China, followed by Middle South China and North East China. The Tire market is expected to grow at a CAGR of 11.31 percent during the period 2012-2016.

关键词：轮胎；汽车零部件；需求；市场预测

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2012年四季度，国内沥青需求总量同比大幅增加，环比下降，并呈现前期旺盛、中后期逐渐回落的变化特点。主要原因有：第一，临近年底南方地区部分政府项目开始抢工，道路工程及市政项目需求集中释放，需求总量同比增加；第二，随着天气转冷，北方地区进入冬季，道路施工进入尾声，终端需求逐渐减少；第三，本季度中后期沥青价格持续下跌，市场观望情绪浓厚，冬储需求尚未正式启动。

关键词：沥青；燃料油；润滑油；市场分析；展望

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Paints are a composition of pigments, solvents, resins, and various additives suspended in a liquid or paste vehicle. It is applied in thin coats on the surfaces of materials such as wood, metal, and stone for protection or decoration purposes. Each component in the paint carries out an important function. For instance, pigments impart color, solvents make it easier to apply, resins help the paint dry once applied on the surface, and additives serve as fillers or anti-corrosive or anti-fungicidal agents. Paints find a wide range of applications in a number of sectors. Paints manufactured in China are in demand from sectors such as Automotive, Industrial, Architectural, Residential, Transportation, and Construction.

关键词：颜料；溶剂；树脂；建筑油漆；涂料

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The Basic Chemicals Manufacturing industry in China is one of the fast-growing industries and is expected to grow at a rapid pace during the period 2012–2016. Currently, a major part of the growth is derived from the Iron and Steel and Fertilizer Manufacturing industries. However, other high-growth areas such as the Electronics sector and the Textile and Paper industry are expected to make significant contributions to this industry during the forecast period. The industry is expected to grow at a CAGR of 14.7 percent during the forecast period.

关键词：基本化学物质；工业气体；染料；颜料；无机；有机；需求；出口

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2013年，越来越多的人开始选择平板电脑作为主要的移动计算设备。随着新应用、新服务的不断涌现，消费者能够随时随地享受有趣的内容，并在不同的设备间无缝访问和分享这些内容。平板电脑快速地融入并改变着大众的生活、工作和娱乐方式。嗅觉敏锐的终端设备厂商将不会放过这一商机，传统PC厂商、手机厂商、服务提供商、甚至电视厂商都纷纷加入战局，推出各自的产品。

关键词：国产平板电脑；电脑市场；态势分析

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变压器：此次110kV及以上变压器中标排名前三的是特变电工、山东电力和中国西电，分别占比25.68%、15.00%和13.25%。开关类产品：组合电器中标份额比较稳定，前三名依次是中国西电、平高电气和山东泰开，中标份额分别为20.98%、16.38%和14.08%。保护类：此次常规站保护设备中标排名前列的是国电南瑞、四方股份和许继电气，分别占比19.46%、18.57%和15.96%，国电南瑞表现非常抢眼，相比例过往几次中标份额，此次是大幅度提升，并且夺得第一的宝座。

关键词：开关类产品；变压器；保护类；变电站监控

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