02.06.2013 Views

A blueprint for profitable retailing in China - Tesco PLC

A blueprint for profitable retailing in China - Tesco PLC

A blueprint for profitable retailing in China - Tesco PLC

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Ch<strong>in</strong>a Economy: an outlook of strong and stable growth<br />

Ch<strong>in</strong>a: GDP 2005-2014<br />

Ch<strong>in</strong>a GDP CNY k bn<br />

Source: Planet Retail<br />

Real GDP and CPI growth % 2006-2015<br />

Source: Planet Retail<br />

Page 4<br />

70<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

15%<br />

10%<br />

5%<br />

0%<br />

-5%<br />

Forecast<br />

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014<br />

GDP (CNY k bn) Growth % Change<br />

Forecast<br />

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015<br />

Real GDP growth (%) Consumer Price Inflation (%)<br />

14<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

Growth % change<br />

•<br />

•<br />

•<br />

c.10% growth rate<br />

projected <strong>for</strong><br />

<strong>for</strong>eseeable future<br />

Low <strong>in</strong>flation outlook –<br />

stability projected<br />

Set to be world’s largest<br />

economy by 2030

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!