The performance of the paint industry in the first quarter of 2009 exceeded the original expectations of the coatings industry. Ms. Li Dong, general manager of Langfang Libang Paint Co., Ltd. stated that: from the investigation of the inventory situation of the paint market at the end of 2008 and the first quarter of 2009, we can see To the premise of complementing the inventory, the overall situation of the paint industry is picking up. The prospects for the paint market in the third quarter will be very gratifying. At present, the impact of foreign financial crisis is still serious, especially in Europe, the United States and other places. If the paint market in Europe and the United States can rebound in the second quarter of this year, it will drive the global paint market out of the shadows and promote the global paint market. Return to the healthy track. In 2009, the development of China's paint industry has a lot to do with the support of national policies and market demand. The 4 trillion yuan investment strategy for boosting domestic demand introduced at the end of 2008 has greatly promoted the spending power of architectural coatings. The country has recently introduced The details of the Ten Industrial Revitalization Plans will also affect the paint industry's production and sales in different aspects. Overall, the paint industry will come out of the shadows in 2009 and return to a sound development path.
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In 2009, the Chinese paint market took a turn for the worse
At the Forum of Architectural Coatings with the theme of "Innovation, Harmony, Development, and Impact - 2009 Rising Trend" recently held in 2008, experts and scholars made short-term predictions on the development of the paint industry in 2009.