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- 2. • China Indicators • China Politics • China Social Media • China Ticketing • Q&A
- 4. How BIG?!
- 6. If you took just 1 second to say hello to each of the country’s 1.35 billion people, it would take you more than 42 years to greet the whole nation.
- 8. CHINA’S GDP 2009 2010 2011 2012 2013 9.2% 10.4% 9.3% 7.8% 7.7% GDP to be maintained at 7% growth through 2015 2014 7.5% Source: Trading Economics - National Bureau of Statistics of China
- 9. INCOME DISPARITY 2007 2008 2009 2010 2011 2,188 2,504 2,726 3,033 3,806 657 755 817 939 1,107 URBAN INCOMES ($) RURAL INCOMES ($) Source: Trading Economics - National Bureau of Statistics of China 2012 3,962 1,276 2013 4,162 1,394
- 10. GINI COEFFICIENT 0.00 0.10 0.20 0.30 0.40 0.50 0.60 0.70 0.80
- 11. GROWTH OF DISPOSABLE INCOME PER CAPITA (USD) 2005 2006 2007 2008 2009 2010 2011 2012 1,692 1,896 2,223 2,545 2,770 3,082 3,517 3,854 2013 3,997 4,386 2014 Source: Trading Economics - National Bureau of Statistics of China
- 13. RBAN ISATION U
- 15. RBAN ISATION U• 1B URBAN POPULATION - 2030 • 45M NEW URBAN JOBS – 12/5 • UNEMPLOYMENT RATE < 5%
- 18. XI JINPING LI KEQIANG ZHENG DEJIANG YU ZHENGSHENG LIU YUNSHAN WANG QISHAN ZHANG GAOLI The REFORMERS!
- 20. THIRD Plenum! • STABILITY V. REFORM “We must deepen economic system reform by centering on the decisive role of the market…” • REFORM IS NOW GOVERNMENT DRIVEN • KEY FACTOR IS STABILITY (EMPLOYMENT, INCOME, INFLATION) • ANTI-CORRUPTION MEASURES — NATIONAL SECURITY COMMITTEE • DEEPENING ECONOMIC REFORM — CENTRAL DEEPENING-REFORM LEADING GROUP
- 21. CPPCC & NPC Sessions 2014 5PRIVATE BANKS - TRIAL BASIS +10MNEW URBAN JOBS +100MRURAL MIGRANTS GRANTED URBAN RESIDENCY “WAR ON POLLUTION” – Li Keqiang 6 PRIORITIES OF 2014 1. FOOD SECURITY 2. CUT EXCESS CAPACITY 3. CONTROL LOCAL GOV’T DEBT 4. PROMOTE BALANCED GROWTH 5. IMPROVE SOCIAL WELFARE 6. RAISE LEVEL OF OPENNESS
- 23. #Mega-rich Influence #Private Enterprises #Pro capitalist policies #Ties between Policitcs & Business • 5 out of 10 Richest list - Deputies • 15 NPC + 21 CPPCC (Top 100) = US$191 Billion > GDP Vietnam • 100+ $Billionaire Representatives
- 25. FreeTrade Zone!
- 26. Ø INTERNATIONAL FINANCIAL SECTOR Ø NEGATIVE LIST Ø 6 MAJOR SERVICE CATEGORIES – Financial – Shipping & Logistics – Communications and Trade – Professional Services – Cultural Services – Social Services
- 27. New Groud of High-level Opening • 3 New FTZs (Guangdong, Fujian & Tianjin) • New experiments • Financial reforms (fully converKble currency, open economy, developed markets) • ConKnue to shorten the "negaKve list” • More FTZs -‐ the “21st Century Economic Belt and MariKme Silk Road” trade routes between China and Europe.
- 28. +70% CHINA REVENUES 2013>2012 BUT HARDER TOP ISSUES RISING COSTS UNCLEAR REGULATORY ENVIRONMENT HR CONSTRAINTS BUSINESS OUTLOOK!
- 29. SOCI@L MEDIA
- 31. 625m
- 46. “We’re not investing in football, we’re investing in entertainment. Alibaba’s future is health and entertainment.” Jack Ma
- 47. Bgroup uying
- 51. Box office! • World’s 2nd largest theatrical territory • $3.57b (2013) => $4.82b (2014) • Local films = 55% market share • 1,015 NEW cinema complexes 2014 • 5,397 new screens (15 per day) • Total No. of screens 23,600 (2014)
- 52. O2O ! Drives Tickets Presales! ! • +60% willing to pre-purchase tickets online (EntGroup survey, 2014) • Reasons = $ + Seat Selection
- 53. Box Office – O2O! • 129m tickets sold via group-buying; 21% (610m) • Avg. price <$5 • $588m (2013) = $48.4m/month (16.7% ) • 1st-tier cities: 20%; 2nd –tier cities: 23%; 3rd-tier cities: 32%; 4th-tier cities: 21%
- 54. • Cinema self-ran websites • 3rd party group-buying sites / apps Meituan (71.5%); Dianping (42.3%); Lashou (36%)); WeChat service accounts Ticketing Apps Dianping (38%), Lashou (25.3%),Wanda (22.1%) • Specialized film sites Mtime (44.4%); Gewara (33.4%), Wanda (32.3%) TOP 3 online platforms!
- 57. • $50m funding • 1,000 movie theatres • 200 cities nationwide • 70% of the domestic online movie ticket market covered • TO $100 m June 2014 • $240 m 2014 End
- 59. • 36 cities • 12 years • 10k+ Shows • 1671 Partner venues • 0.3 Billion Tickets sold
- 62. • Sponsors / Partners • Now-on • Membership Card • My Order • 70% off • Coming soon • Promotion /Events
- 65. • JustTickets.com is the official online ticketing website for several international sporting events. • JustEvent is the parent company which organises these events.
- 69. CSL • 1994 • 2004 • 16 clubs • Feb/Mar – Nov/Dec • 240 per season
- 71. Official online ticketing Beijing Guoan Football Club
- 73. Taobao Stores!
- 75. So how to train this dragon?
- 77. Confused Q&A…