China Retail Market Development（PPT 22）

China Retail Market Development
Objectives
2004 Retail Census Findings
Does Retail universe continue to expand? 
How big is our key channel (modern trade) as of today?
Any changes to the composition of modern trade outlet?

Retail Development As of 2004 Retail Market Study (Census)
China Retail Market Dynamics
China experienced strong economic growth in 2004 vs. 2003;
GDP climbed 9.5%
Retail Sales grew by 10.2%
Retail & Consumer Price indices grew at 2.8% & 3.9% respectively
China fully opened up its retail market on Dec 11th, 2004 in line with the WTO commitments
vigorous development will continue across 2005