The Chinese market research industry should grow at 20% annually compared with a global rate of less than 10%, according to ESOMAR President Jose Ignacio Wert, speaking at the worldwide organisation's conference in Shanghai yesterday.
Wert told delegates at the Worldwide Multimedia Measurement 2006 forum that China was the fastest growing country in the MR sector globally: 'Even a small segment of the Chinese MR market covers many people, equal to the population of a European country.'
The Chinese MR market generated 3.9 billion yuan (US$487 million) last year, 22% up on 2004, according to figures from the China Marketing Research Association.
Among the key facts discussed at the Conference:
All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.
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