BCG - The Boston Consulting Group

A report jointly released today by The Boston Consulting Group (BCG) and the China Construction Bank (CCB) claims that China’s wealth market continued to grow in 2011 despite global economic uncertainties.  View full release

China has more Internet users than the United States and Japan combined, and it already has 145 million online shoppers (second only to 170 million in the U.S.), with exponential growth expected that could bring the number to 329 million by 2015 and make the e-commerce market in China the world’s most valuable.  View full release

The big "green" global brands are well known for their sustainability efforts, but they are by no means the only companies that go beyond regulatory compliance to operate in environmentally responsible ways. A new World Economic Forum report, produced in collaboration with The Boston Consulting Group and released today, identifies 16 fast-growing, high-performing companies from the emerging markets that also shine in terms of their environmental and social initiatives.  View full release

Consumer lending in China has been rapidly expanding and shows every sign of enormous growth potential. Although this market is still nascent, China already represents the largest loan balance in Asia after Japan, according to a new report by The Boston Consulting Group (BCG). The report, titled The Dragon Wants to Spend: Turning the Corner on Consumer Lending in China, is being released today.  View full release

The next ten years will be a tremendously exciting and definitive time for China's fashion market, and the opportunity for established and aspiring players is huge—within that time frame, China is expected to become one of the world's largest fashion retail markets, according to a new report by The Boston Consulting Group (BCG). The report, titled Dressing Up: Capturing the Dynamic Growth of China's Fashion Market, is being released today.  View full release

Despite talk of a recovery, consumers feel more apprehensive about the future than they did before the downturn, according to a new report published today by The Boston Consulting Group (BCG). In the U.S., 57 percent of respondents said they have been personally affected by the downturn—up 8 percentage points from last year. Europe saw a 6 percentage point increase.  View full release

As China's economy shifts from growth based on capital investments to a new phase based on capability investments, The Boston Consulting Group (BCG) today launched its BCG China Enablement Center (CEC) in Beijing. "The Center marks BCG's commitment to supporting China's companies on paths to world-class," said Christoph Nettesheim, Senior Partner and Managing Director of BCG Greater China.  View full release

It's "all aboard" for travel companies seeking growth at a time when most mature markets remain sluggish. By 2013, China is expected to become the top two travel and tourism market in the world. By 2020, the volume of China’s outbound trips will approach that of U.S., and its domestic market will be worth RMB 3.9 trillion (approximately $590 billion U.S.). China's rapidly growing demand for travel, together with the lack of suitable offerings in a fragmented market, presents a rare opportunity for innovative early movers. Both affluent travelers and the emerging segment of middle-class tourists in large and small cities are desperately seeking brands and services they can trust.  View full release

A group of companies from rapidly developing economies has begun to leapfrog past established multinationals in global industry rankings. In a report published today, The Boston Consulting Group (BCG) identifies 100 of these so-called global challengers, about half of which could qualify for inclusion in the Fortune Global 500 within the next five years.  View full release

Global wealth staged a remarkable comeback in 2009, increasing by 11.5 percent to $111.5 trillion, just short of the year-end peak set in 2007. But the rebound in wealth should not be seen as a return to business as usual—client trust and wealth manager performance are still lower than they were before the financial crisis, according to a new study by The Boston Consulting Group (BCG).  View full release

The fast-growing middle-class market beyond China’s largest cities may be on everyone’s radar, but there’s been scant notice of the significant differences between these consumers and their big-city counterparts. Success in this market will depend on how quickly companies can understand and respond to differences in attitudes, spending behavior, and preferences among small-city consumers.  View full release

The economic downturn and its aftermath have had a major impact on how companies view and approach global sourcing. In addition to depressed demand, issues such as quality concerns, increasing labor and input costs, volatile raw material and oil prices, growing protectionism and longer supply chains have introduced greater risk and uncertainty—and called into question the sustainability of overseas sourcing. But according to a recent survey report by The Boston Consulting Group (BCG), global sourcing is here to stay, although the focus continues to move away from labor cost savings alone to total cost or “best cost” country sourcing (BCCS).  View full release

The 717 emerging-market cities that currently have populations of more than 500,000, and the additional 371 cities that will reach this size by 2030, will constitute the biggest commercial opportunity in the world in the coming decades, according to a new report by The Boston Consulting Group (BCG). The report, titled Winning in Emerging-Market Cities: A Guide to the World’s Largest Growth Opportunity, is being released today.  View full release

Internet users in China spend about 1 billion hours online each day, more than double the daily total in the United States—and that number will grow to well over 2 billion hours a day by 2015, according to a new report by The Boston Consulting Group (BCG). This report, titled China’s Digital Generations 2.0: Digital Media and Commerce Go Mainstream, offers a comprehensive study of online behavior in China based on quantitative data as well as interviews with nearly 2,000 people from 12 cities in 11 China’s provinces. It also illustrates these trends through in-depth profiles of individual consumers, allowing them to tell the story of China’s dynamic and complex market.  View full release

For at least the next decade, the future of the automotive industry lies in the BRIC countries. Together, Brazil, Russia, India, and China will account for 30 percent of world auto sales in 2014—while also offering significant opportunities for cost-effective R&D, sourcing, and manufacturing, says a new report released today by The Boston Consulting Group (BCG).  View full release

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