Franchise in China

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Political-economic statistics and data about franchising

Country name	China
Total Area	9,596,960 sq km
Area Population	1,306,313,812 (July 2005 est.)
Age structure	0-14 years: 21.4% (male 148,134,928/female 131,045,415) 15-64 years: 71% (male 477,182,072/female 450,664,933) 65 years and over: 7.6% (male 47,400,282/female 51,886,182) (2005 est.)
Average age	total: 32.26 years male: 31.87 years female: 32.67 years (2005 est.)
Population growth rate	0.58% (2005 est.)
Birth rate	13.14 births/1,000 population (2005 est.)
Death rate	6.94 deaths/1,000 population (2005 est.)
Net migration rate	-0.4 migrant(s)/1,000 population (2005 est.)
Infant mortality rate	total: 24.18 deaths/1,000 live births male: 21.21 deaths/1,000 live births female: 27.5 deaths/1,000 live births (2005 est.)
Life expectancy at birth	total population: 72.27 years male: 70.65 years female: 74.09 years (2005 est.)
Total fertility rate	.72 children born/woman (2005 est.)
Religions	Daoist (Taoist), Buddhist, Muslim 1%-2%, Christian 3%-4% note: officially atheist (2002 est.)
Languages	Standard Chinese or Mandarin (Putonghua, based on the Beijing dialect), Yue (Cantonese), Wu (Shanghaiese), Minbei (Fuzhou), Minnan (Hokkien-Taiwanese), Xiang, Gan, Hakka dialects, minority languages (see Ethnic groups entry)
Literacy percentage	definition: age 15 and over can read and write total population: 90.9% male: 95.1% female: 86.5% (2002)
Government structure	Communist state
Capital	Beijing
Legal system	based on civil law system; derived from Soviet and continental civil code legal principles; legislature retains power to interpret statutes; constitution ambiguous on judicial review of legislation; has not accepted compulsory ICJ jurisdiction.
GDP (purchasing power parity)	$8.158 trillion (2005 est.)
GDP (official exchange rate)	$1.833 trillion (2005 est.)
GDP - real growth rate	9.2% (official data) (2005 est.)
GDP - per capita	purchasing power parity - $6,200 (2005 est.)
Labor force	791.4 million (2005 est.)
Unemployment rate	4.2% official registered unemployment in urban areas in 2004; substantial unemployment and underemployment in rural areas; an official Chinese journal estimated overall unemployment (including rural areas) for 2003 at 20% (2004)
Population below poverty line	10% (2001 est.)
Inflation rate	1.9% (2005 est.)
Public debt	28.8% of GDP (2005 est.)
Exports	$752.2 billion f.o.b. (2005 est.)
Imports	$631.8 billion f.o.b. (2005 est.)
Debt - external	$242 billion (2005 est.)
Currency (code)	yuan (CNY)
Exchange rates / $	yuan per US dollar - 8.05 (Feb. 2006)
Big Mac price in dollars	1.27$
Under(-)/Over(+) valuation against the $ (%)	-59%
Franchise Association	China Chain Store & Franchise Association
Web Site	www.ccfa.org.cn
Year Of first Franchise Network	1997
Number of franchisors	1900 (2004)

This information was updated January, 2006. For additional information please email: info@infofranchise.com

Date: 02/02/2006
Source: Infofranchise.com

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Franchise in China

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