growing asia leading region to reshape global economy
DESCRIPTION
27.4.2012 Be Inspired - Finpro Service industry client event materials. Jari Seilonen, Finpro.TRANSCRIPT
Growing AsiaLeading region to reshape global economy
Be inspired – client event 26.4.2012
Jari SeilonenHead of Trade CenterGuangzhou and Hongkong
08/04/2023 2© Finpro
Aasian markkinoiden koko 2009
AUSTRALIA
INDONESIA
PHILIPPINES
MALAYSIA
SINGAPORE
VIETNAMTHAILAND
CHINAJAPAN
SOUTH KOREA
TAIWAN
Pop
ulat
ion
mill
ions
0 10000 20000 30000 40000 50000 600000
200
400
600
800
1000
1200
1400
China
India
Japan
Hong Kong
South Korea
TaiwanThailand Malaysia
Indonesia
Australia
SingaporeVietnam
Philippines
08/04/2023 3© Finpro
Maailmantalouden kasvun jakautuminen 2011e
0
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2
3
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7
8
9
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11
0 10 20 30 40 50 60 70 80 90 100
Pohjois-Amerikka
Länsi-EurooppaJapani
Kiina
Intia
Muu Aasia
Mu
u i
täin
en
Eu
roo
pp
a
Ve
nä
jä
Bra
sil
ia
Me
ks
iko
Lä
hi-
itä
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Afr
ikk
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BKT:n kasvu 2011, %
Pylvään leveys kuvaa osuutta (ostovoimapariteetilla korjatusta) maailman bkt:stä vuonna 2010, %
Kasvu keskimäärin: +4,4 %
08/04/2023 4© Finpro
Education
• A very strong signal in every Asian countries• Finland HAS the reputation
• HOTSPOT - China
MAIN DRIVERS FOR EDUCATION REFORM
04/08/2023
Economic Political Demographic
GPD Growth Harmonious society Working population still increasing
Growth of middle class – one child policy
Equal opportunities Low percentage of high education graduates
Restructuring of economy Rural unemployment rate
China’s National Plan for Medium and Long-term Education Reformand Development 2010-2020
Lifelong learning, Education resources will be more channelled to disadvantageous groups and rural areas, improve overall quality, systemic reform etc.
Source: MoE
OPETTAJAKOULUTUS
04/08/2023 FinNode Future of Learning
Challenge Policies / solutions
Quality High level commitment - Ministry of Education will establish normal education department” to “teacher’s training and working department”
= more financial resources for training subjective knowledge, teaching skills and concept, problem based learning
Master degree for all high school teachers (Shanghai)
Re-registration every 5 years
Effective skill assessment system
School management (principals)
Equality Teacher training budget for rural areas rapidly increasing
Accessibility to existing data
Lots of content available, a sharing tool needed, more IT-based training
MoE&SNU
AMMATILLINEN KOULUTUS
04/08/2023FinNode Future of Learning, Chen Yin, Helen,
Finpro Shanghai
Challenge Policies / solutions
Industry needs not met
Integration of work and study, close cooperation with industries
“Industrial associations and enterprises shallbe encouraged to run vocational schools or entrust these schools to train their workers”
World bank study on what industry needs there are
Senior technician education, concentrate more on applied sciences
Quality Better quality assessment system
Demand high on rural areas
More resources targeted those areas
ELINIKÄINEN OPPIMINEN
04/08/2023 FinNode Future of Learning
Level
K-12 Cultural, sports, english language
Blue-collar Private schools, e.g. car repair, basic computer skills, etc.
White-collar 10 years ago academic degree ensured job offer, now degree + other certificates (ICT skills, TOEFL, management etc.)
Adult “Multiple mechanisms for continuous training beyond formal education system, the potential for continuous education (re-education bytraining for adults) is very big” (MoE)
Develop non-degree further education, expanding diploma-granting further education,Cultivate a reading habit
11th Five-Year Plan target and achievement until 2010
9
Index 2005 2010 E 2010 real Completion
Economic growth
GDP (Trillion RMB) 18.2 26.1 39.8 Over-achievedPer capita GDP (RMB) 14185 19270 29748 Over-achieved
Economic Structure
Service added value proportion (%) 40.3 43.3 43UnmetR&D expenditure (% of GDP) 1.3 2 1.75 UnmetUrbanization rate(%) 43 47 47.5 Over-achieved
Population
&Resource
&Environment
The country's total population (10,000) 130756 136000 134100Over-achievedReduction rate of energy consumption per unit of GDP (%) 20 19.1 Unmet
Reduction rate of water consumption per unit of industrial added value (%) 30 36.7 Over-achieved
Effective utilization rate of agricultural irrigation water 0.45 0.5 0.5 AchievedThe comprehensive utilization rate of industrial solid waste(%) 55.8 60 69Over-achievedThe total amount of cultivated land(10 billion hectares) 1.22 1.2 1.212 Over-achieved
Emission reduction rate sulfur dioxideof selected pollutants (%) chemical oxygen demand
1010
14.2912.45
Over-achievedOver-achieved
Forest coverage rate (%) 18.2 20 20.36 Over-achieved
Public service
&People's life
National average education (year) 8.5 9 9Achieved
The number of urban basic endowment insurance coverage(10 billion people) 1.74 2.23 2.57 Over-achievedThe new rural cooperative medical insurance coverage rate (%) 23.5 >80 96.3 Over-achievedRural new employment in 5 years (10,000 people) 4500 5771 Over-achievedTransfer of agricultural labor force in 5 years (10,000 people) 4500 4500 AchievedRegistered urban unemployment rate(%) 4.2 5 4.1 Over-achievedDisposable income of urban residents per capita (RMB) 10493 13390 19109 Over-achieved
Disposable income of rural residents per capita (RMB) 3255 4150 5919 Over-achieved
Source: China Statistic Year Book; Analyst report; Roland Berger
08/04/2023 10© Finpro
Outbound tourism – hot spots
Tokyo
SeoulJAPAN
SOUTH
KOREA
• Kiinan rikkaat provinssit• Bohai rim• Yangtse joen suisto• Helmijoen suisto
• Vauraat Japani ja Korea
China’s Outbound Tourism
• In the 1980’s China started lifting brarriers for outbound travel to Hong Kong, Macao and Thailand for the purpose of visiting relatives
• Self-paid international tourism was not allowed until 1990
• Today Europe is the second biggest destination for international travel, behind Asia-Pasific
• Europe receives four times more visitors than the rest of the regions like Americas, Middle-East and Africa combined
• Today France is the most popular destination for Chinese visitors in Europe, although numbers are in steady decline > interest to new
• Chinese visits to Europe´: – 4,3 million in 2010 – annual rise of 10% expected– 2011: 42 million / 55 billion USD
2007 2008 2009 2010 2011 2012f 2013f 2014f 2015f25
35
45
55
65
75
85
Departures (million)
Expenditure (billion USD)
International Tourism Expenditure of Residents and International Departures
Source: BMI China tourism report Q3/2011
Chinese Tourism in Finland
• In 2010 Finland received 73 000 Chinese visitors, who spent 36 million euros (490 per person) .
• 42 percent was travelling for business and 43 percent as tourists.
• The average stay was six days and every third trip was a package deal.
No overnight
stay24%
1-3 nights45%
4-14 nights19%
At least 15 nights12%
Time spent in Finland by Chinese travellers
Most Chinese travellers stay in Finland for 1-3 nights while 24 are on a day-trip.
Source: MEK travel statistics and studies 2010
There are opportunities!
• Winter travel is a good product to Chinese• June-August escapes from hot big cities • Chinese holidays longer
– Chinese New Year mid Jan-Feb, July-August, National Day holiday in early October
• Good Finland know how already among selected travel agengies in Beijing, Shanghai,
– This network could be further utilised and enlarged
• Chinese travellers needs are changing– More travel experience, well educated– From many countries to e.g. C-Trip: ”10days = 2 countries”
• Strong trend:
–Chinese individual travelling is growing
to the side of traditional group tours
08/04/2023 14© Finpro
Other opportunities
Creative industries, Animation
AUSTRALIA
INDONESIA
PHILIPPINES
MALAYSIA
SINGAPORE
VIETNAMTHAILAND
CHINAJAPAN
SOUTH KOREA
TAIWANArchitecture, engineering services,
industrial design
Outsourcing opportunities for retailers
BPO
”Everything is possible, nothing is easy!”
Fashion, design products
08/04/2023 15© Finpro
Finpro’s Global Network
08/04/2023 16© Finpro
www.finpro.fi