New material is the generic terms of the newly emerging or being developed materials having excellent performance and special features which traditional materials do not have.New materials cover 12 major types which are electronic information materials, new energy materials, nano materials,advanced composite materials, eco-materials,bio medical materials, smart materials, high-performance structural materials, new functional materials, new chemical materials,new building materials and advanced ceramic materials. They are widely used in the fields of aerospace,defence,automotive,telecommunications, home appliances, IT industry, real estate,transportation,urban construction etc..

 New materials are publicly recognized as the world's high-tech industry cornerstone of the 21st century, its development can widely promote the technological  progress and innovation of energy-saving environmental protection, new energy, electric vehicles, information,communication and so on. 

 Recently,the government has adopted 7 projects such as special project of high-tech industrial new materials to support the development of new materials industry,more specifically ranking the new materials industry as one of the seven strategic new industries.Mighty promotion of multiple positive policies have brought huge space to the development of new materials technology .

The new materials industry springs up in domestic and international market. Currently,with a more than 400 billion U.S dollars global market per year. The market of new products and new technologies driven by new materials are more extensive,and annual sales exceed 2 trillion U.S dollars. According to the"Development Report of China's new materials industry" in the coming period, the average annual rate of market expansion of China's new materials industry will remain at 20% or more, which will lead more capital to enter toaccelerate the rate of expansion. The market size of China's new materials industry is expected to exceed 800 billion yuan in 2010, and in 2015, this figure will reach 2,000 billion yuan, providing a huge room for growth.

 Cluster development trend continues to strengthen. In recent years, new material industry bases sprung up like mushrooms, the country has set up seven national high-tech new materials industry bases and more than 70 new materials related industry bases. The gradually spreading of new materials industry bases promotes the formation of a larger area around the new materials industry development alliance such as the Yangtze River Delta automotive materials and chemical materials industry alliances, industry alliance of semiconductor materials Bohai Bay, Pearl River Delta polynary new materials industry alliance etc.

 (Source:www.ocn.com.cn)