GLP Global Footprint and Financial Highlights
China: Domestic Consumption is the
Key Demand Driver
GLP
Domestic consumption continues to drive growth in China despite slower GDP growth
Expansion of organized retail (chain stores and e-commerce) is driving demand for modern logistics
facilities
Domestic Consumption as % of
Total GDP
90%
85%
80%
75%
70%
65%
60%
55%
50%
45%
40%
RMB bn
Online Retail Sales Growth in China
is Accelerating
8,000
Organized Retail Makes Up 14% of
Total Retail in China
7,000
6,000
6,500
5,600
5,000
13-year CAGR: 54%
5,156
4,000
3,877
2006
2007
2008
2009
2010
2011
3,000
2,789
2012
2013
China
Brazil
Japan
Germany
Source: World Bank, GLP estimates
USA
2014
2015
2020F
2030F
2,000
1,850
1,300
1,000
774
498
26 56 128263'
0
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
'17E
Source: iResearch Consulting Group; Ministry of Commerce
Consumption Outlook by PWC, China Statistics
Bureau 2014
'18E
19E
7,300
65%
Huge room
to grow
14%
5%
India
China
Source: Strong and Steady, 2011 Asia's Retail and
US
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