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The Biggest Story of Our Time: The Rise of China’s Middle Class. Source: Economist Intelligence Unit. URBANIZATON Will Continue…. US and China Trade (2012). Chinese Consumers Want American Goods. the Largest E-commerce Market. - PowerPoint PPT Presentation
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THE BIGGEST STORY OF OUR TIME: THE RISE OF CHINA’S MIDDLE CLASS H王 G - THE HELEN WANG GROUP
470 million in 2012
800 million by 2025
H王 G - THE HELEN WANG GROUP
The World’s Largest Middle Class
Define the Chinese Middle Class
Annual household income between $10,000 and $60,000
College educated, entrepreneurs, or professionals with stable job
Concentrated in urban areas
A rule of thumb: 1/3 of income for discretionary spending
H王 G - THE HELEN WANG GROUP
The Chinese Dream Is Like the American Dream
H王 G - THE HELEN WANG GROUP
The Largest Retail Market
H王 G - THE HELEN WANG GROUP
Source: E
conomist Intelligence
Unit
2008 2009 2010 2011 2012 2013 2014 2015 $-
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
Global Retail Sales (US$ billion)
China
North America
Western Europe
Japan
India
UR
BA
NIZATO
N W
ILL CO
NTIN
UE…
By 2025, nearly one billion people will live in the urban area.
Over 200 cities with more than one million residents
H王 G - THE HELEN WANG GROUP
Soon To Be the Largest Importer
H王 G - THE HELEN WANG GROUP
US and China Trade (2012)
2002 2012
295
17431818
2335
Total Imports ($ Bn)China US
CH
INESE C
ON
SUM
ERS W
AN
T AM
ERIC
AN
GO
OD
SMore than
60% of Chinese
consumers are willing to pay
more for ‘Made in
USA’ products
Nearly 50% of Chinese
consumers prefer a US-
made product to a China-
made product
The premium that Chinese
consumers are will to pay
ranges from10% to 80% or more
H王 G - THE HELEN WANG GROUP
THE LA
RG
EST E-CO
MM
ERC
E MA
RK
ET
China already has half billion Internet users.
E-commerce has grown by 120 % since 2003.
By 2020, online sales could reach $650 billion.
H王 G - THE HELEN WANG GROUP
E-bay - Alibaba Story
H王 G - THE HELEN WANG GROUP
Look at the World Upside Down
H王 G - THE HELEN WANG GROUP
For More Information Sign up for my free
monthly newsletter at http://TheHelenWang.com
Follow me on Twitter @TheHelenWang
The Chinese Dream book is available on Amazon.com
H王 G - THE HELEN WANG GROUP