China market growth and potential – seeing what's next
The potential of the China market is undiminished as ITA's recent research indicates. While many English language publishers are seeing income streams develop steadily in traditional sectors, maximising the market's potential remains a challenge. The pace of change obvious to all may be breaking down old structures but this has, in many ways, increased the market's complexity. In-market insight and expertise to guide market investment or commercial strategy has never been more important.
While the English language book market in China continues to offer opportunities for growth even in the current economic climate, our view is that there are additional exciting opportunities emerging fast for English language publishers.
Two stand out:
• The potential for mobile content provision which 3-G cellular technology offers. Uncertainty was resolved in January this year when the Ministry of Industry and Information and Technology of China confirmed licences for all three cellular technology (3-G) standards. With 600 million mobile phone users, the market is now poised for rapid exploitation.
• Digitisation, underpinned by the impetus provided by the Government's stated commitment to it both as a means of meeting the huge demand for educational texts and to meet their Chinese culture export agenda. Chinese publishers and authors (academic and trade) recognise that digitisation is the key both to internal markets and, increasingly, profitable exploitation of export markets too.
China Publishing Market Insight provides:
• Market research: into all aspects of the traditional and emerging publishing sector. Research can be conducted in phases, e.g.an initial pilot to explore direction for subsequent in-depth research.
• Expert analysis: rigorous methodology and unbiased analysis provides clients with a sound basis for strategic decisions. We provide feedback in as a report including detailed analysis both numeric and, where appropriate, verbatim comment.
• Presentation of findings: we are happy to present our findings formally to client company representatives.
• Recommendations and next steps: we will, where required, provide recommendations for further action. Members of China Publishing Insight are available, on appointment, to facilitate introductions and meetings.
Our expertise:
• An established local presence with fully-staffed office in Beijing and a London base.
• Top floor access and expert market knowledge resulting from Ian Taylor's 25 years' experience. In his role as International Director of the UK's Publishers' Association, Ian developed close ties with both the larger and smaller Chinese state importers and several of the new private sector players providing clients with access and understanding. |