| The annual output of injection molding machines in China,  the world's largest injection molding machine producer, hit roughly 100,000  sets in 2011 as per Research and Markets. However, impacted by the weakening  demand for auto and  household appliances downstream on the heels of slowdown in the growth  of Chinese economy, China's output of injection molding machines slowed down in  growth since H2-2011, and even witnessed negative growth in 2012. Nevertheless,  China injection molding machine market showed stable momentum from Q2-2013,  with the expected annual output growing by around 2.5% over the preceding year.  Meanwhile, China also boasts a major trader of injection molding machines in  the world. 2012 witnessed a notable turning point in terms of trading in China  injection molding machine industry, with exports exceeding imports for the  first time, and with the trade surplus amounting to US$111.85 mln. In 2013, the  trade surplus further expanded, with the value in the first eight months  hitting US$150.30 mln. This came as the following two aspects: firstly, more  and more overseas manufacturers are establishing injection molding machine  works in China, fueling the export of injection molding machines; secondly,  China's sluggish demand in recent two years caused the decline in import.  Rather, some of western economies are emerging from its doldrums, creating  better conditions for investment and generating import of injection molding  machines. Leading players in this market are six international tycoons including  Arburg, Sumitomo (SHI)  Demag, Engel and NISSEI Plastic Industrial as well as 14 domestic  enterprises including Haitian International Holdings Ltd, The Chen Hsong Group, L.K.  Technology Holdings Ltd, Cosmos Machinery Enterprises Ltd, FU CHUN SHIN Machinery  Manufacture, Borch Machinery and Guangdong Yizumi Precision Machinery.  Arburg boasts the world's leading injection molding machine producer which has  established branches in Hong Kong, Shanghai and Shenzhen. In particular, the  Shanghai outlet is its focus in China, providing mid to high-end products such  as metal powder injection molding machines, liquid silicone injection molding  machines, and thermal plastic injection molding machines in a modular approach.  In July 2013, Arburg set up injection molding machine spot warehouse in  Shanghai, in an aim to offer better service for clients across Asia. Sumitomo  (SHI) Demag has four injection molding machine production bases located at  Schwaig and Wiehe of Germany, Japan and Ningbo of China. In Aug2013, Demag input  €7 mln in China  earmarked for expanding the capacities of injection molding machines in the  Ningbo base, with the targeted capacities increasing from 650 sets to  1,000-3,000 sets. Haitian  International Holdings Limited, the world's largest injection molding  machine manufacturer, has set up distribution networks in China, Germany,  Brazil, Turkey, and Vietnam. In 2012, its output of injection molding machines  hit 22,000 sets, with the sales amounting to RMB6.336 billion. In 2013, it  planned to build the 12th  and  13th branches in Ningbo specializing in the production of  all-electric and large-sized injection molding machines, respectively. FU CHUN  SHIN Machinery Manufacture, the largest injection molding machine manufacturer  in Taiwan, owns three production bases in Ningbo, Dongguan and Taiwan, with the  annual capacity hitting 3,160 sets. In 2012, the revenue of the company claimed  NTD1.654 billion, of which, NTD1.012 billion from injection molding machine  business. In Oct.2013, the company set a target to realize the revenue of NTD6  billion by 2018. In addition, it is poised to strength its commercial arm  towards overseas market through building one to two injection molding machine  production bases in Brazil  and Indonesia in coming five years as well as three to five self-support  footholds in the Philippines  and India. | 
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