 China is now in a period of drastic social transformation, and factors affecting social stability are growing. Criminals are becoming more intelligent and violent, constantly updating their means of committing crimes.
Public security organs are faced with heavier anti-terrorism and anti-riot tasks and their demand for security protection equipment is growing, according to the committee. In the course of modernizing their equipment, it is deemed necessary for China's public security departments to draw on the experience of foreign countries and import advanced technology or equipment to improve their ability to detect, control and handle crimes.
The industry sees China as the second largest security equipment market in the world after the US and expects this to grow at an annual rate of over 20%, to reach US$1 billion by 2008.
China's Ministry of Public Security attaches particular importance to exchanges of information and cooperation with leading foreign police equipment companies. There is certainly considerable room for increased business in a growing sector.
In particular, as capital of China, Beijing's need to upgrade its police equipment and anti-terrorism capability in an all-round way to boost the market demand for police equipment and anti-terrorism technology. It will generate immense market opportunities, given the requirements for all kind of police equipment.
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With over 1.3 billion people, the People's Republic of China is the world's third largest country and the world's fastest-growing economy. Developing effective and profitable operations in China is undoubtedly the greatest single opportunity for companies today. Since 1978, when China opened its doors to the outsidet world.......
