T HE B IGGEST S TORY OF O UR T IME : T HE R ISE OF C HINA ’ S M IDDLE C LASS H 王 G - THE HELEN WANG GROUP
470 million in 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: Economist Intelligence Unit
URBANIZATON W ILL C ONTINUE … 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)
C HINESE C ONSUMERS W ANT A MERICAN G OODS More 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 L ARGEST E- COMMERCE M ARKET China already has half billion Internet users. E-commerce has grown by 120 % since 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
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