Chinese Market

Are you missing out on one of the biggest consumer or business markets in the world? … China has an estimated import value of $660 billion for 2005, an increase of 17% from 2004 Sources: National Bureau of Statistics, People's Bank of China, Reuters.

This year China will overtake the UK as the fourth-largest economy in the world. The Chinese economy is estimated to be doubling in size every seven years and will be the largest economy in the world by the year 2030, if the rate continues. This is supported by the fact that China's economy grew by 10.2 percent in the first quarter of 2006, beating expectations.

Credit Suisse First Boston (CSFB) predicts that the Chinese consumer is forecasted to have displaced the US consumer as the engine of growth in the global economy by year 2014. With an estimated population of 1.3 billion Chinese people … your company has the opportunity to exploit China's consumer market.

Consumption, measured by retail sales, grew steadily in 2005 and early 2006, boosted by low inflation and rising incomes, especially in rural areas. Retail sales rose 12.8% in the first quarter. Rural incomes grew nearly 12% in 2004 and 2005, after several years of growth of around 5%. In the first quarter of 2006, urban incomes rose 10.8%, and rural incomes were up 11.5%.

China GDP (Gross Domestic Product) growth was on average 9.4% from 1980 to 2003. Source: US National Science Foundation, US Patent Office and Morgan Stanley 2004. With an estimated GPD of RMB 18.2 billion (2005), representing a growth on 9.9% change over 2004.

When entering a new market your company needs expert advice and guidance in order to utilise the most cost effective channel into that market, and China is no exception. DfC has the expertise to assist your company in doing business in China, whether you want to export your products/services or set up business in China then DfC can provide consultancy advice on all aspects of “doing business in China”

DfC can assist your company in the following areas:

Market and business research

Diligence research

Advise on Joint ventures

Market your products and services in China

Marketing campaign management … direct mail, telemarketing etc

Provide prospect data, for B2B and B2C

Design mailing packs

Online marketing

Knowledge coaching on cultural issues and business ethnics

Don't miss out … phone DfC Marketing now to start a brighter future for your company on 07966 212 080