THE CPA AUSTRALIA
ASIA-PACIFIC SMALL
BUSINESS SURVEY 2015
SHANGHAI DATA SNAPSHOT
SHANGHAI DATA SNAPSHOT – COMPARISON WITH
HONG KONG AND SINGAPORE
Business and economic growth
Shanghai small businesses that expect their
business to grow against small business growth
expectations for China's economy
Small businesses that expect their business to
grow - Shanghai against survey average
100%
100%
80%
80%
60%
60%
40%
40%
20%
20%
0%
0%
2014
Shanghai
2015
Survey average
Businesses that grew in the last 12 months
Businesses that expect to grow in the next 12 months
Businesses that expect the local economy to grow in the
next 12 months
2014
2015
Expect their business to grow
Expect local economy to grow
Shanghai
79.5%
76.9%
Hong Kong
63.8%
55.1%
Singapore
58.7%
56.5%
71.1%
52.1%
48.1%
Jobs creation
Increased employee numbers over the past 12 months
Plan to increase employee numbers over the next 12
months
Shanghai
39.7%
Hong Kong
32.5%
Singapore
19.7%
45.5%
32.8%
27.7%
Shanghai
Hong Kong
Singapore
25.0%
17.7%
15.2%
Shanghai
92.3%
Hong Kong
80.4%
Singapore
63.6%
29.5%
42.6%
19.4%
96.2%
93.2%
79.6%
Shanghai
Hong Kong
Singapore
10.9%
22.3%
17.7%
Shanghai
Hong Kong
Singapore
32.1%
20.4%
20.3%
Shanghai
Hong Kong
Singapore
39.1%
41.9%
36.1%
41.7%
41.9%
32.6%
Shanghai
Hong Kong
Singapore
36.5%
31.3%
15.8%
57.1%
43.5%
34.1%
Shanghai
66.7%
64.8%
Hong Kong
58.9%
63.4%
Singapore
65.5%
47.7%
Innovation
Definitely expect to introduce a new product, service or
process unique to their country or the world
Online sales and social media
Earned revenue from online sales
Expect to grow their e-commerce presence to a large
extent in the next 12 months
Used social media for business purposes
Exporting
Expect revenue from overseas markets to grow strongly
over the next 12 months
Improved business management
Improved business management had a major positive
impact on their business
Costs
Increasing costs had a major negative impact on their
business
Rent was the cost increase most detrimental to their
business
Access to finance
Definitely will seek external funds over the next 12
months
Found it easy or very easy to access finance
Demographics
Business is 10 years old or younger
Respondent is aged 39 or younger