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  • Elevator Industry-depth study: two policies to accelerate the elevator industry concentration upgrade
    summarized as follows:

    ( 1 ) overestimates the elevator and the real estate market relevance . In fact , only about 60 percent lift demand is determined by the real estate, and another elevator for about 40% of demand is the ratio increased from elevators, rail transportation, affordable housing , renovation , export and other non-real estate factors.

    ( 2 ) the market underestimated the elevator industry growth. Conservatively projected industry growth rate for 2013-2015 was 15.1 %, 13.3 %, 13.3% , is still in the boom phase.

    ( 3 ) Compared to foreign investment, faster growth in domestic elevator , the share will continue to increase. Domestic elevator has a strong competitive advantage , reflected in the mechanism and the cost and other aspects , the conservative projected growth rate for 2013-2015 was 21.4 %, 19.1 %, 18.8% , 5,6 percentage points higher than the industry overall .

    ( 4 ) Maintenance testing tower and the two policies will accelerate the upgrading of industry concentration , especially in the capital concentration increased.