The Chinese "Thousand Character Classic" with transcriptions to five languages (Mandarin, Cantonese, Vietnamese, Korean and Japanese) and with English translation.
Each page has 16 characters grouped 4 by 4.
The Chinese "Thousand Character Classic" with transcriptions to five languages (Mandarin, Cantonese, Vietnamese, Korean and Japanese) and with English translation.
Each page has 16 characters grouped 4 by 4.
The presentation discusses the growing consumer power and market opportunities in lower-tier Chinese cities. It notes that government infrastructure investment, private sector followings, and China's quick economic recovery have driven lower-tier growth. When per capita annual income reaches around 6,000 yuan, urban households see explosive growth in purchasing major appliances. Tiers 3 and 4 cities have now crossed this income threshold, representing a market of over 161 million households for modern goods and services.
This document discusses 8 myths about innovation in China and provides evidence to debunk them. It argues that contrary to the myths, China is becoming more innovative with rapidly increasing patent filings. Major global companies are also establishing R&D centers in China, seeing it as an important market for innovation. While China has great potential, innovation there faces challenges such as intense competition and high hurdles to succeed. Overall characteristics of successful innovation are similar across countries, though the standards may be higher in China.
The document discusses the changing digital media landscape in China. It notes that while internet penetration is currently only 32% in China, representing a huge potential market opportunity, internet users can be divided into mobile-only, fixed, and dual users. Most Chinese internet users are relatively new, with two-thirds having been online for three years or less. Rural internet penetration remains low compared to urban areas. The document also explores trends around Chinese digital consumers preferring genuine issues and people over celebrities, the growing role of virtual goods and currency online, and the rise of online shopping and group buying.
The document summarizes key findings from the 2016 OECD Economic Survey of Korea. It finds that while Korea's economic growth has slowed, productivity growth remains weak and lags leading OECD countries. It also notes population aging will be the fastest in the OECD and the labor force is projected to shrink. Employment rates are low for women, youth, and older persons. Inequality is high, with poverty rates highest for those over 50. Key recommendations include reducing regulatory burdens to boost productivity, expanding social programs to increase employment, and reducing labor market duality to promote social cohesion.
The presentation discusses the growing consumer power and market opportunities in lower-tier Chinese cities. It notes that government infrastructure investment, private sector followings, and China's quick economic recovery have driven lower-tier growth. When per capita annual income reaches around 6,000 yuan, urban households see explosive growth in purchasing major appliances. Tiers 3 and 4 cities have now crossed this income threshold, representing a market of over 161 million households for modern goods and services.
This document discusses 8 myths about innovation in China and provides evidence to debunk them. It argues that contrary to the myths, China is becoming more innovative with rapidly increasing patent filings. Major global companies are also establishing R&D centers in China, seeing it as an important market for innovation. While China has great potential, innovation there faces challenges such as intense competition and high hurdles to succeed. Overall characteristics of successful innovation are similar across countries, though the standards may be higher in China.
The document discusses the changing digital media landscape in China. It notes that while internet penetration is currently only 32% in China, representing a huge potential market opportunity, internet users can be divided into mobile-only, fixed, and dual users. Most Chinese internet users are relatively new, with two-thirds having been online for three years or less. Rural internet penetration remains low compared to urban areas. The document also explores trends around Chinese digital consumers preferring genuine issues and people over celebrities, the growing role of virtual goods and currency online, and the rise of online shopping and group buying.
The document summarizes key findings from the 2016 OECD Economic Survey of Korea. It finds that while Korea's economic growth has slowed, productivity growth remains weak and lags leading OECD countries. It also notes population aging will be the fastest in the OECD and the labor force is projected to shrink. Employment rates are low for women, youth, and older persons. Inequality is high, with poverty rates highest for those over 50. Key recommendations include reducing regulatory burdens to boost productivity, expanding social programs to increase employment, and reducing labor market duality to promote social cohesion.
This document discusses how businesses can succeed by understanding consumer demand. It argues that businesses must shift from a supply-driven to a demand-driven model. To do so, companies need to understand the profitable areas of demand by identifying consumer motivations and goals precisely. They should find gaps in demand and fill them with innovative solutions. Finally, the entire business must be aligned around a strategic model focused on the demand chain and precision to create value for high-profit consumer needs.
The document provides tips for retailers to capture shoppers' demand and succeed in lower tier Chinese cities. It recommends segmenting shoppers, understanding their unique personalities and needs, tailoring product assortments and store layouts accordingly, and leveraging differences across geographies. Building brand awareness, gaining customer loyalty through innovative concepts are also emphasized.
The document discusses how companies can win in today's world of complete access and perfect choice for consumers. It argues that companies must understand demand before creating supply, and that winning companies will be those that can answer what they know about the demand of their most profitable consumers that competitors don't. It also outlines several principles that winning companies follow, including focusing on demand profit pools, understanding consumer need states, having precision as a core strength, finding unsatisfied demand to fulfill, and ensuring internal alignment around a demand-focused mental model.
1) The document discusses 8 myths about innovation in China. It provides data and examples to show each myth is inaccurate.
2) Local Chinese companies can be innovative through superior understanding of Chinese consumers. Multinational companies tend to import or localize products rather than develop truly innovative products for China.
3) Success of innovation depends on a combination of factors, not just R&D spending. Companies must have strong consumer understanding, process, engagement and talent to achieve innovation success.