As of 2012, China is the world's second largest economy, after the United States, by both nominal GDP and purchasing power parity. According to IMF, China's annual average GDP growth between 2001 and 2010 was 10.5%, and the Chinese economy today, despite lower than anticipated growth rates in 2012, is still growing at a healthy level and will maintain dominance in terms of growth rate percentage on a global level.
With these encouraging estimations, it is important to strike a balance between the enthusiasm for exploiting the market potential that exists in China with a realistic outlook of the addressable opportunity here. Here at YCP Solidiance, we pride ourselves in having on-the-ground insights into the core of China's market. Using the data driven facts obtained through our primary research methods, we are able to analyze actual market trends, industry perspectives and value chain partner opinions to derive tangible strategies our client can use to more effectively compete in the China market.
Furthermore, our team specializes in the industries where you work: industrial, construction, manufacturing, heavy industries, medical technology and IT.
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