CS:China's Consumer Market
英文 9 March 2007 4页
● We are publishing a report analysing the Third Proprietary China
Consumer Survey by Credit Suisse conducted in November 2006.
● We expect the total value of Chinese consumption will be second
among major countries by 2010 (second to US), and will reach
almost 22% of consumption among major countries by 2020.
● Planned spending declines in quite a number of products,
probably due to price deflation; personal income, while growing, is
slower than that of GDP.
● Some leaders are emerging, including Wahaha and Nestle in
packaged food products; Lenovo in PC; P&G in household and
personal care products; LVMH and Swatch Group in luxury goods;
Sina, Baidu, Tencent and Ctrip in Internet services; Nokia,
Samsung and Motorola in mobile handsets; China Mobile in
telecom services; Singapore Airlines in overseas