THE CPA AUSTRALIA ASIA-PACIFIC SMALL BUSINESS SURVEY 2015 BEIJING DATA SNAPSHOT BEIJING DATA SNAPSHOT – COMPARISON WITH HONG KONG, SHANGHAI AND SINGAPORE Business and economic growth Small businesses that expect their business to grow – Beijing against survey average Beijing small businesses that expect their business to grow against small business growth expectations for China's economy 90% 90% 80% 80% 70% 70% 60% 60% 50% 50% 40% 40% 2014 Beijing 2015 Survey average Businesses grew in last 12 months Businesses that expect to grow in next 12 months Businesses that expect the local economy to grow in next 12 months 2014 2015 Expect their business to grow Expect local economy to grow Beijing 76.1% 78.1% Shanghai 79.5% 76.9% Hong Kong 63.8% 55.1% Singapore 58.7% 56.5% 68.4% 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 Beijing 47.7% Shanghai 39.7% Hong Kong 32.5% Singapore 19.7% 58.1% 45.5% 32.8% 27.7% Beijing Shanghai Hong Kong Singapore 41.3% 25.0% 17.7% 15.2% Beijing 91.0% Shanghai 92.3% Hong Kong 80.4% Singapore 63.6% 43.9% 29.5% 42.6% 19.4% 96.8% 96.2% 93.2% 79.6% Beijing Shanghai Hong Kong Singapore 18.7% 10.9% 22.3% 17.7% Beijing Shanghai Hong Kong Singapore 36.1% 32.1% 20.4% 20.3% Beijing Shanghai Hong Kong Singapore 44.5% 39.1% 41.9% 36.1% 40.0% 41.7% 41.9% 32.6% Beijing 60.0% 59.7% Shanghai 36.5% 57.1% Hong Kong 31.3% 43.5% Singapore 15.8% 34.1% Beijing 72.3% 60.7% 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 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 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
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