The industrial environment improvement rate will show a mild recovery trend

There are four major challenges currently affecting China's industrial operations. In recent years, the slowdown in China's industrial growth has been driven by a combination of cyclical and structural factors. Issues such as imbalanced supply and demand due to overcapacity, rising manufacturing costs, and declining competitiveness caused by slow technological progress have become increasingly prominent. Specifically, there are four key issues that stand out. First, some export-oriented manufacturing industries are showing signs of shifting production back to their home countries. According to statistical data, U.S. manufacturing investment in China has significantly slowed in recent years, with China becoming a focal point for the "reshoring" trend. In 2011, U.S. foreign direct investment in manufacturing rose by 10.4%, down 0.8 percentage points from 2010. Regionally, investment growth in Asia-Pacific and Europe has slowed, while North America has seen a sharp increase. China's manufacturing investment growth dropped by 12.7 percentage points, ranking first among major host countries. This reflects rising labor costs, RMB appreciation, soaring raw material prices, and slower global economic growth, pushing China’s manufacturing into a period of adjustment and decline. Second, overcapacity remains a critical issue in several industries. Overcapacity is now the most significant factor limiting China’s industrial growth. A 2012 survey revealed excess capacity in sectors like steel (21%), automobiles (12%), cement (28%), and photovoltaic cells (95%). If not addressed, this overcapacity could lead to prolonged industry stagnation. Third, the problem of “triangular debt” has emerged. Due to reduced external demand and financial constraints, this debt issue is spreading, particularly in machinery, coal, and steel industries. By July 2012, the machinery industry had accounts receivable of 2.51 trillion yuan, up 16.89% year-on-year. SMEs and private enterprises are especially affected, with local investment platforms also contributing to the problem. Fourth, industrial production costs are rising. High taxation and financing costs persist, with enterprise borrowing costs exceeding 10%, higher than most industries’ profit margins. Logistics costs are also high, surpassing those of many developing and developed countries. Additionally, China’s labor advantage is fading, with worker wages growing at 20% annually, making labor relatively more expensive. Looking ahead, China’s industrial operations may enter the end of a recent adjustment cycle in 2013. While there are favorable factors supporting stable development, pressures remain strong, and the recovery foundation is still fragile. Several uncertainties could impact industrial performance. The macroeconomic environment is expected to improve. A proactive fiscal policy will inject vitality into enterprises, including tax cuts and expanded VAT reforms. SMEs will benefit from lower interest rates and improved access to credit, boosting their profitability. The government is also supporting strategic emerging industries, which are set for rapid development in 2013. However, many unstable factors remain. The European debt crisis and Sino-U.S. trade tensions continue to pose risks. Domestically, industrial restructuring is a long-term process, and transformation and upgrading face significant challenges. Many industries are struggling with both inventory and capacity issues. In 2013, industrial operations are expected to gradually stabilize. Raw materials and equipment manufacturing are likely to see growth, while consumer goods and electronics may recover slowly. With continued policy support and increased local investment, industrial added value is expected to grow by around 10.5%. To promote healthy industrial development, five measures should be taken: support SMEs, reduce corporate taxes, expand government procurement, accelerate industrial restructuring, and improve infrastructure in central and western regions. These steps aim to stabilize growth, drive innovation, and create new industrial clusters.

Floor Drains

Do I need a floor waste?

Generally speaking a floor waste is optional, however if you're planning on installing an open shower or a shower bath that isn't fully enclosed, you will be required to have a floor waste installed. An enclosed shower where water from the shower is contained to a small amount of space may not require a floor waste.

How many floor drains are required?

Any building or structure in which plumbing fixtures or piping is installed in or under a concrete floor to accommodate fixtures on the level of the concrete floor shall have at least one trapped and vented floor drain.

Where is floor drain required?

According to building codes, a floor drain in the basement is required to safely drain unwanted or excess water from a home. Typically, a floor drain will connect to the local sewer system or link to a collection pit where the wastewater can be carried away.

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