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Thursday, May 04, 2006

China’s Fast Growing Economy - Industrialization, Consumption and the Quest for Resources Gains Insight into China’s Energy-Renewable Energy, Water, Steel-Coal and Healthcare Sectors from Industry Participants

China, the world’s fastest growing economy impacts sectors including energy-renewable energy, water, coal-steel and healthcare. Participating companies XsunX, Inc., Vitasti, Inc., Hendrx Corp, Puda Coal, Inc., and Bridgetech Holdings International, Inc. provide insight from a first hand perspective of how smaller companies are feeling the impact and capitalizing on opportunities in China.

The renewable energy stocks sector has gained a growing mainstream investor following as oil prices continue to rise. China, like the rest of the world is investing in renewable energy technology as both a contingency plan for energy shortages and a more environmentally friendly solution.

As Tom Djokovich, CEO of XsunX, Inc. (OTCBB: XSNX), explains, “Building Integrated Photovoltaics, such as XsunX’s Power Glass(R), a thin-film solar technology that allows glass windows to produce electricity from the power of the sun, has the ability to address the growing need to produce clean renewable on-site power to help meet China’s rising energy demands.”

As described by Shannon deDelley, Director of Vitasti Inc. (OTCBB: VITSE), a wind power company, “Renewable energy is playing a growing role in the Chinese energy supply, and there is no other country with such aggressive plans for growth and opportunity in the wind industry today.”

In addition to concerns regarding energy supply and production, China has placed a significant priority on addressing issues of water quality and shortages. A corporate spokesperson for Hendrx Corp (OTCBB: HDRX), a manufacturer of Atmospheric Water Generators explains, “China which used to be extremely fragmented and mainly agricultural, has through population expansion, economic growth and industrialization, become cross-connected with infrastructure, which means that disease, water and prevention can all be dealt with on a regional basis instead of on a village basis creating opportunity for the utilization of Hendrx’s products.”

China’s economy continues to impact the steel industry’s growth on a global basis as its consumption levels escalate. According to Zhao Ming, Chairman and Chief Executive Officer of Puda Coal Inc. (OTCBB: PUDC), “The Chinese government explicitly made the ‘Building New Countryside’ program one of its core social and economic development goals for the next 5 years, which means improved infrastructure, higher living standards, and cleaner environment; the demand for steel will therefore continue to be strong in China.”

China’s healthcare and medical technology market represents one of China’s fastest growing markets. Michael Chermak, Chairman and CEO of Bridgetech Holdings International, Inc. (OTC.PK: BGTH), a provider of Western healthcare in China describes, “The improvements in the Government’s plan will open up opportunities for Bridgetech as it will support the Company’s efforts to bring into China drugs and diagnostics for prevention and treatment.”

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