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China: A global market in its own right!
If you are looking to sell goods or services to China, Let's look at some facts!
- By 2015 China will have over 1000 individuals that are classed as USD Billionaires
- By 2015 China will have over 1.5million individuals that have a net worth exceeding USD$2million, and these individuals have serious buying power and are brand conscious, not price conscious. Some forecasts indicated that by 2020 these people will number more than 3 million!
- By 2016 China will have over 200 million people that are considered middle-class with a hunger to spend their wealth on all things from imported food and drink, imported Consumer Goods and Overseas Holidays.
- Major prestige Brands such as Gucci, Chanel, Louis Vuitton, Ferrari and Bentley forecast that by 2015 China will be their single largest (and most profitable) market.
Put simply, if you are not considering China NOW as a potential market opportunity for your Business, then you are ignoring a market that by 2018 will be the single largest consumer market worldwide.
The Chinese Middle Class will want all the goods and services that Western Markets have taken for granted over the past decades. Chinese consumers will consume goods and services at a faster rate than ever seen before, in any market, in any decade, since WW2.
Once you decide you need to explore the opportunities we can help you in many ways ……
