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China's affluent population comprises 120M people with buying power of $590B; in 2020, this group will number 280M, with buying power of $3.1T
BCG - Press Release - The Affluent Will Be a Major Driver of Consumption Growth in China
Experiential luxury sales in China grew by 28% in 2011
BCG - Press Release - Well-Heeled Shoppers Speeding Up Shift from Products to Experiences in the Global Luxury Market
Luxury sales in China rose by 22% in 2011
BCG - Press Release - Well-Heeled Shoppers Speeding Up Shift from Products to Experiences in the Global Luxury Market
83% of Chinese consumers believe the next generation will live better lives than them, compared to 28% for the U.K., 21% for the U.S., and 13% for Germany
BCG - Press Release - Consumers Intensify Their Vow to 'Save More, Spend Less'
43% of U.S. consumers do not think the economy will improve for at least several years, compared to 33% for China
BCG - Press Release - Consumers Intensify Their Vow to 'Save More, Spend Less'
12% of Chinese consumers believe they are not financially secure, and 4% believe they are in financial trouble
BCG - Press Release - Consumers Intensify Their Vow to 'Save More, Spend Less'
The U.S. will add 2MM-3MM manufacturing jobs and $100B in annual output by 2020 due to rising labor costs of in China
BCG - Press Release - More Than a Third of Large Manufacturers Are Considering Reshoring from China to the U.S.
67% of U.S. manufacturing companies in the rubber and plastic industry expect to move production back to the U.S. from China, compared to 42% for machinery, 41% for electronics, 40% for computers, and 35% for fabricated metal products
BCG - Press Release - More Than a Third of Large Manufacturers Are Considering Reshoring from China to the U.S.
92% of manufacturing companies with sales greater than $1B believe labor costs in China will continue to escalate
BCG - Press Release - More Than a Third of Large Manufacturers Are Considering Reshoring from China to the U.S.
More than a third of U.S.-based manufacturing companies with sales greater than $1B are planning to or considering bringing back production from China to the U.S.
BCG - Press Release - More Than a Third of Large Manufacturers Are Considering Reshoring from China to the U.S.
79% of Chinese Internet users listen to music online, compared to 61% for the U.S.
BCG - Press Release - Online Retail Sales in China Will Triple to More than $360 Billion by 2015, as the Internet Adds Nearly 200 Million Users
47% of Chinese Internet users will shop online by 2015, up from 36% in 2011
BCG - Press Release - Online Retail Sales in China Will Triple to More than $360 Billion by 2015, as the Internet Adds Nearly 200 Million Users
50% of Chinese Internet users say the Internet is their most trusted source of information, compared to 30% for TV and 15% for newspapers
BCG - Press Release - Online Retail Sales in China Will Triple to More than $360 Billion by 2015, as the Internet Adds Nearly 200 Million Users
China's Internet penetration will exceed 50% by 2015, up from 38% in 2011
BCG - Press Release - Online Retail Sales in China Will Triple to More than $360 Billion by 2015, as the Internet Adds Nearly 200 Million Users
Chinese Internet users spent an average of 3.6 hours per day online in 2011, up from 2.8 hours in 2008
BCG - Press Release - Online Retail Sales in China Will Triple to More than $360 Billion by 2015, as the Internet Adds Nearly 200 Million Users
Chinese Internet users spent 1.9B hours per day online in 2011, up 60% from 2009
BCG - Press Release - Online Retail Sales in China Will Triple to More than $360 Billion by 2015, as the Internet Adds Nearly 200 Million Users
China will account for 10% of all online retail sales by 2015
BCG - Press Release - Online Retail Sales in China Will Triple to More than $360 Billion by 2015, as the Internet Adds Nearly 200 Million Users
Online retail sales in China will triple by 2015, to more than $360B
BCG - Press Release - Online Retail Sales in China Will Triple to More than $360 Billion by 2015, as the Internet Adds Nearly 200 Million Users