Since the reform and opening up, China's preferential policies in labor resources, market and investment have attracted the large-scale transfer of European and American manufacturing industries. A large number of electronic products and manufacturers have set up factories in China, which has led to the development of related industries including PCB.
According to China CPCA statistics, China's actual output of PCB reached 130 million square meters in 2006, with an output value of 12.1 billion us dollars, accounting for 24.90% of the global total output value of PCB, which surpassed Japan to become the world's first.From 2000 to 2006, the average annual growth rate of China's PCB market reached 20%, far exceeding the global average.
The global financial crisis in 2008 caused a huge impact on the PCB industry, but it did not cause a disastrous impact on China's PCB industry. Under the stimulus of national economic policies, China's PCB industry saw a full recovery in 2010, and the output value of China's PCB reached 199.71 billion usd in 2010.Prison mark predicts that China will maintain a compound annual growth rate of 8.10% between 2010 and 2015, higher than the global average growth rate of 5.40%.