Corporate Presentation - Li Ning

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Corporate Presentation - Li Ning

Urbanisation & Consumption Patternsin the PRCDistribution of total retail sales (%)CitiesCountiesOther smaller administrative regionsPer capita annual disposal incomeamong urban households (RMB)Per capital annual net income of ruralhouseholds (RMB)199148%16%36%1,701709200263%12%25%7,703(CAGR:14.7%)2,476(CAGR:10.1%)Source: China Statistical Yearbook 2003From 1991-2002, total urban population increased by 190 million (or 61%)In 2002, urban consumers dominated total consumer spendingFigures presented above show that consumption patterns are continually changing withpeople spending more on sports, health and leisure9

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