China`s influence on global standards set to transform technology sector; Deloitte urges UK technology sector to review opportunities and implications, or risk exclusion from the world`s fastest growing market; Consumers to benefit from improved quality and lower prices.

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M2 PRESSWIRE-27 July 2004-DELOITTE & TOUCHE: China`s influence on global standards set to transform technology sector; Deloitte urges UK technology sector to review opportunities and implications, or risk exclusion from the world`s fastest growing market; Consumers to benefit from improved quality and lower prices(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:07272004 China is no longer content with just being the world`s pre-eminent manufacturer: it is increasingly active in the development of global technology standards.

In a report launched today, Deloitte predicts that China`s standards initiatives will shape global competition in the technology, media and telecommunications (TMT) sector for years to come. China`s current status as the leading consumer and...