% 7 % 6.5 % 12 % Intertek 1 IMF % %IMF 3.1 % 3.0 % 1 (WTO ) 2.5 % % 0.1 % 3.6 % 5.8 % 4.5 % 0.4 GDP /% /% /% 3

ISSUE. 59 MARCH. 2014 86 21 6120 6060 86 21 6485 0559 / 0592 E-mail textile.shanghai@intertek.com 86 510 8821 4567 86 510 8820 0428 E-mail consumergoods.wuxi@intertek.com 86 571 8679 1228 86 571 8679 0296 E-mail consumergoods.hangzhou@intertek.com 86 22 8371 2202 86 22 8371 2205 E-mail consumergoods.tianjin@intertek.com 86 532 8099 3788 86 532 8099 3799 Email consumergoods.qingdao@intertek.com 86 20 8396 6868 86 20 8222 8135 E-mail consumergoods.guangzhou@intertek.com 86 574 8818 3650 86 574 8818 3657 Email consumergoods.ningbo@intertek.com -2014 www.intertek.com.cn 400-886-9926

-2014 10 % 7 % 6.5 % 12 % 12 11 Intertek 1 IMF 8 8 1.2 % 0.3 2 2.2 %IMF 3.1 % 3.0 % 1 (WTO ) 2.5 % % 0.1 % 3.6 % 5.8 % 4.5 % 0.4 GDP 10 2 1 /% /% /% 3.8 1.8 1.4 1.1-0.8 9.2 4.3 6.8 2.7 3.1 3.0 2.2 2.5-0.2 0.1-0.4-0.4 2.2 2.7 7.8-0.4 0.3 0.3 0 0.5-0.1 2 GDP 10 3.5-0.2 4.9 2.6 5.0 2.4 2.0 0.1 0.9-0.6 IMF GDP 106 % 95.7 % 243.5 % GDP / 16.57 9.40 4.70 3.45 2.70 2.65 2.50 2.20 2.05 1.90 /% 2.5 2.7 0.4 0.5 1.9 2.4 3.5-1.0 5.0 01 Intertek 02 Intertek

2 12 10 13 436 528 19.6 %( 19.2 %)16.3 % 23.1 %63 % 17.9 %22.8 %23.0 % 9 241 32.5 % 184 804 17.4 %242 482 21.0 % 357 815 14.2 % 389 256 66 194 (GDP) 568 845 %5 1994 0.1 %7.5 %7.8 % % 56 957 4.0 % 249 684 7.8 % 0.3 262 204 8.3 % 0.3 % 60 194 41 603 7.6 %8 % 2.1 %10 ( 10 % 6.2 %) 22 100 7.9 % 9.7 %19 503 7.3 %2 597.5 0.3 9.5 % 10 876 10.1 %8 608 9.1 %10.1 %10.0 % 6.9 % 4.3 % 2.8 11.0 % 8.3 % 8.9 %10.7 %11.0 % 97.8 % 113 471 5.0 % 1 029 149.8 29 547 11.2 % 62 831 12.2 % 26 955 9.7 % 7.0 % 62 201.3 4 % 6.11 % 24 200 11 434 24 518 6.04 %41 31 56 389 8 896 9 12.4% 9.3%7 907 1 2 583 7 942 21 273 15 194.1 6.4 % 12 385.2 0.473( 9 0.2 % 825.4 2.1 % 0.45 ) 866.4 7.5 %37 285.3 26 894 633 2.4 % 11 % 36 880.1 1 % 10 284 3.6 %16 610 1.7 % 14 599.2 15.5 % 13 930.7 2 609 13.9 % 14 %20 876.2 14.8 % 23 388.1 3.8 % 234 380 13.1 % 1 % 1.2 202 462 % 31 918 14.6 % 25 392 9.0 %4.6 208 988 13.6 % 11.6 % 6.1 10.4 % 3.1 21.0 %6 14.5 %7.3 0.2 % CPI 2.6 % 2.6 % 2.8 %4.7 % 0.3 % 2.3 % % 1.3 % 0.4 % 1.8 % 2.8 12(M2)110.65 13.6 % (M1) 33 9.3 %(M0) 5.86 7.1 % 12 71.9 104.38 8.89 6 879 12.56 1.74 31 136 072 668 1 640 12.08 972 7.16 4.92 69 728 66 344 105.10 100117.60 16 60 60 91 954 244 67.6 % 60 20 243 14.9 % 65 13 161 9.7 % % 73 111 1 929 62 961 17 1 261 53 % CPI 2.6 % 3.5 % 12 000 2.89 959 2.45 812 76 977 273 38 240 1 138 22 773 8.63 % 1 175.86 5.25 % ODI(Overseas Direct Investment) 901.7 16.8 % FDI(Foreign Direct Investment) 1 175.86 46.1 % GDP 44.4 % 0.2 53 % 1.16 1:3.03 1:3 138 514.63 334.83 62 831 5 % 4.86 12.2 % 140 125 % 7 129 143 10.1 % 70 % 7.3 53 223 7.5 % 5.5 % 2 GDP 129 143 10.1 % 2.7 110 497 9.8 % 1.4 139 744 10.9 % 4.2 1 GDP % 104.4 % 13.1 % 19.6 % 334 1 200 03 Intertek 04 Intertek

25.83 (4.16 ) 7.6 %8 % 10 % 6.2 % 4 49.3 % 0.9 11 6 1 1 5.1 % 8.7 % 19 92 17.9 % 71 14 7 33719 1930 337 1 GDP WTO 18 8 2002 48 136 52 516 59 501 67 177 76 410 89 210 108 488 125 343 154 554 181 226 207 167 234 380 3 GDP 11.8 9.1 1 1 16.8 21.6 15.5 18.4 17.1 14.3 13.1 31 377 34 608 39 696 45 094 51 543 60 411 73 735 85 133 133 689 156 908 179 138 202 462 14.6 10.3 14.7 13.6 14.3 17.2 22.1 15.5 18.8 17.2 14.3 GDP 3 GDP 3 CPI 38 618 63 849 13 % 3 028 15.78 % 4 447 0.34 % 207 0.75 % 8 904 7.20 % 683 4.55 % 542 2.21 %271 1.27 %4 122 7.90 % 2 921 11.24 % 275 11.06 % 9.1 10.0 10.1 10.4 11.6 13.0 9.0 14.8 10.3 9.2 7.8 12.29 9.98 11.21 11.37 12.07 17.24 14.47 8.83 11.26 14.13 12.63 9.7-0.8 1.2 3.9 1.8 4.8 5.9-0.7 5.4 2.6 2.6 9 140 (2) 17.29 % - (3) 11.24 % (4) (1) 22 100 7.9% 20.6 %1.3 % 0.6 % 4 59 1 3 4 10 804.8 973.9 1 175.4 1 470.9 1 756.2 1 852.2 1 71 2 065.3 2 541.2 2 625.2 2 920.8 2 21.0 20.7 25.1 19.1 8.2-9.7 23.6 19.9 11.2 285.7 35 439.7 522.5 605.4 654.3 642.8 770.5 1 009.0 1 024.1 1 138.5 4 30.9 25.2 22.9 18.8 15.9 16.6-8.0 28.4 22.3 11.2 519.2 616.2 735.7 948.3 1 150.7 1 197.9 1 070.5 1 294.8 1 532.2 1 601.6 1 782.2 26.0 18.7 19.4 28.9 20.9 28.9-10.6 20.9 18.3 4.5 11.3 155.9 168.0 171.0 180.5 187.4 186.5 169.2 203.2 231.6 244.6 275.5 8.5 7.8 1.8 5.6-0.5-9.2 20.4 14.0 6.2 11.1 141.8 152.7 154.9 163.5 16 16 150.8 178.1 19 199.4 217.3 8.8 1.4 5.6 2.5-2.4-7.9 18.5 7.5 4.8 8.8 14.0 5.0 15.3 9.1 16.1 5.1 17.0 5.5 19.7 14.7 22.8 15.5 18.4-19.0 25.2 36.4 40.1 59.4 45.2 58.1 20.4 05 Intertek 06 Intertek

07 Intertek 96.7 117.9 185.0 217.8 266.3 269.1 278.4 335.9 395.8 389.2 439.5 36.8 21.9 57.0 1 14.4 1.0 3.4 27.9 11.2 7.0 31.0 40.8 60.1 70.0 78.3 83.4 78.9 103.8 114.1 98.9 128.3 45.6 31.3 47.4 16.4 11.9 6.6-5.4 31.7 9.9 4.3 65.7 77.1 135.7 161.3 188.1 185.8 199.5 252.1 281.8 290.2 311.2 23.0 17.4 76.0 18.9 15.5-1.3 7.4 26.4 11.8 3.0 6.7 2.8 3.9 4.9 6.1 7.0 5.2 7.0 7.5 8.9 30.1 18.1 20.4 25.7 22.6 14.9-25.4 39.3 10.7 0.1 15.2 2.7 3.1 3.8 4.8 5.9 6.6 5.0 6.7 7.4 7.1 8.3 29.9 17.9 20.3 27.4 22.2 13.2-24.8 39.3 10.5-16.5 0.12 0.14 0.17 0.15 0.20 0.33 0.21 0.29 0.34 0.45 0.54 34.6 21.7 21.1-12.2 35.9 67.4-37.4 38.7 16.1 32.8-2.0 153.9 173.8 147.8 179.3 182.3 160.7 140.0 149.9 154.6 162.9 197.1 19.5-15.0 21.3 1.02-11.8-7.1 3.1 5.8 19.9 69.2 76.5 80.6 89.5 89.5 84.0 69.4 79.3 81.6 78.4 90.1 18.1 10.6 5.3 11.1 0.0-6.3-17.3 14.2 2.9-3.0 13.6 84.7 97.3 67.8 90.4 92.8 76.8 70.6 70.7 73.1 84.5 107.0 19.8 14.9-30.2 33.2 2.02-17.2-8.1 0.2 3.4 15.7 25.8 20.0 19.8 18.6 18.3 1 14.3 9.0 8.3 6.5 5.2 4.6-0.7-0.9-6.4-1.2 - -19.3-36.9-7.8-21.2-21.0-11.7 13.4 11.7 11.7 11.3 9.7 7.3 6.7 5.0-0.2-3.4-3.4-0.01-3.6-14.3-25.0-8.3-25.2-26.3-8.8 6.6 6.9 6.9 6.6 6.4 4.6 1.8 1.6 1.6 1.21-1.7 4.2-1.0-3.5 - -28.0-61.9-6.0-5.3-4.4-18.7 89.5 12 182.5 222.5 292.1 399.3 370.8 458.1 547.4 470.9 528.6 39.5 35.6 50.3 21.9 23.8 36.7-7.1 23.6 19.5-11.9 8.9 27.5 38.6 53.0 63.2 80.3 97.3 86.7 109.3 128.2 108.7 128.7 35.9 2 37.2 19.2 23.9 21.2-10.9 26.2 17.3-5.7 6.1 62.0 82.8 135.6 166.3 211.9 302.0 284.1 348.8 419.2 362.2 399.9 34.1 33.6 63.8 22.6 2 42.5-5.9 22.8 20.2-13.6 9.8 6.4 8.3 9.9 11.6 15.0 18.8 16.5 21.3 29.4 30.1 33.0 15.1 28.8 18.9 17.0 24.8 25.3-12.2 30.4 32.7 7.2 8.4 5.4 6.9 8.0 9.4 11.2 12.7 11.0 13.8 16.5 15.6 16.5 25.0 15.9 17.9 19.3 13.0-13.8 27.4 15.1-0.8 4.7 1.0 2.0 2.2 6.1 5.5 7.5 14.5 16.5 29.4 50.0 32.9 13.4 45.1 62.0-8.7 36.1 65.0 17.2 12.4 36.6 45.8 56.4 71.2 109.2 112.5 110.1 149.5 200.3 266.6 347.1 40.8 25.0 2 26.3 53.2 3.0-2.2 35.9 33.9 34.2 28.3 2 28.6 36.7 45.8 58.9 72.6 74.9 107.0 143.5 158.0 203.5 33.5 33.1 28.7 24.6 28.6 23.6 2.9 42.9 34.1 11.4 27.0 15.4 17.2 19.7 25.5 50.4 39.7 35.2 42.6 56.8 108.6 143.6 52.6 13.6 14.3 29.5 97.6-21.1-11.4 20.9 33.4 91.1 30.2 5.4 6.5 6.9 7.3 8.2 9.7 10.7 15.9 20.8 24.1 32.6 19.4 5.6 5.7 12.5 18.4 10.6 48.3 31.1 16.2 34.9 5.1 6.1 6.3 6.5 7.1 8.0 9.0 13.2 15.6 17.4 22.9 11.0 19.3 3.2 9.4 12.0 12.4 47.1 18.4 11.3 31.6 0.35 0.42 0.59 0.75 1.05 1.69 1.72 2.65 5.1 6.73 9.7 50.1 19.6 40.1 26.8 38.9 6 1.6 54.5 93.9 30.9 4 152.2 17 174.9 188.7 203.4 220.2 220.8 232.5 281.4 272.3 280.7 16.0 12.7 2.0 7.9 4.0 8.2 0.3 5.3 21.0 0.5-1.0 27.3 31.0 34.5 37.9 38.4 4 46.4 48.0 61.0 49.5 59.3 15.4 13.5 11.2 10.0 1.2 12.8 7.1 3.5 27.1-2.2-2.2 124.9 140.5 146.5 157.3 165.1 176.9 174.5 184.5 220.4 222.8 22 11.9 12.5 4.3 7.4 4.7 7.2-1.4 5.8 19.4 1.1-0.7 31.1 35.1 33.6 33.0 33.0 34.2 29.5 33.1 37.4 35.0 33.2 10.9 12.8-4.1-1.8-0.4 3.8-1 12.5-5.6-8.3 28.9 33.2 32.0 31.6 31.7 32.9 28.3 31.8 35.9 33.6 29.1 13.1 14.7-3.5-1.3 0.04 3.8-13.9 12.6-5.4-1 2.2 1.9 1.6 1.4 1.3 1.3 1.2 1.3 1.4 4.1-12.0-12.8-15.6-12.1-9.0 4.2-8.9 10.8 13.9-9.7 57.1 5 8 6 9 7 10 353.87 117.96 190.26 64.47 102.31 64.96 897.83 1 069.82 83.92 13.10 5.00 8.37 1.46 11.62 30.45 3.06 11.67-1.35 319.00 331.07 246.95 140.58 110 164.75 1 316.05 1 770.89 74.32 11.70 5.37 4.45 0.11 7.34 19.36 7.80 11.25-2.48 672.87 449.03 437.20 205.05 216.01 229.71 2 209.20 2 840.71 77 12.43 5.27 6.12 0.53 9.32 22.30 5.62 11.41-2.40

600 500 400 300 200 100 0 2001 2002 250 200 150 100 50 1 0 2001 2002 2 519 14.05 % 364 12.43 % 80 4.13 % 332.82 4 3.25 / 20.07 %64.13 % 133.96 28.94 % 55.68 47.91 % 368.9 11.8 % 121 6 %5.2 % 278.8 28 %96.125.4 % 450 400 350 300 250 200 150 100 50 800 700 600 500 400 300 200 100 0 2001 2002 3 0 2000 2001 2002 4 34.1 49.6 68.2 37.5 %210 0.1% 38.8 % 1.6 39.1 % 0.3 1.8 71.2 % 5 2014 IMF 2014 IMF %( 11) 3 % 11-0.4-3.4-2.8-4.4 5.2 3.0 2.5 2.0-5.5 4.7 3.1 7.5 3.9 1.7 1.8-0.6 6.2 3.2 2.8-0.6 2.0 4.9 2.9 1.2 1.6-0.4 1.7 4.5 2014 2014 2.9 % 3.1 % 2014 2.8 % 1 % 11 5 1.7 % IMF 2014 2015-0.4 % 1.1 % 1.7 % 0 1.4 % 1.9 % 2014 2014 2014 1.0 % 2014 2014 2014 4 2015 10 5 % 8 % 8 % 10 % 2014 2014 2.0 2.8 1.0 1.7 5.1 2014 WTO 2014 4.5 % 20 5.4 % 2.8 % 6.3 %1.3 2.7 09 Intertek 08 Intertek 10 Intertek

6 (5) (6) 2014 2014 2014 2014 22.9 % 2014 2014 2014 2014 7.5 % 7.8 % 19.5 % 2014 13.5 % 8.0 %2014 3.0 % 2014 2014 2014 2014 30 30 % 30 % 2014 13 2020 45 (1) 50 2020 7 7 % (2) 2014 2014 (3) (4) 2014 2014 3 15 % 11 Intertek 12 Intertek

7 7.1 2014 1/3 (1) 2014 (2) (3) (4) 7.2 7.4 2014 2014 2014 12 1 500 188 % 20 400 / 13 000 ~ 15 000 / 19 000 / 12 26 2014 2014 7.3 2014 13 Intertek 14 Intertek

7.5 80 2014 2014 6 2014 10 20 55 % 39 % 2014 1 1 600 27 10 20 % 30 % PX PX 3848 PX 30 Puma Valentino Burberry PX 7.8 235 6.4 % TPP 2 % 3 % TPP TPP TPP TPP 7.6 TPP 24 41 11.3 % TPP 3 COD 29 41 9.1 % 4 566 2547 1300 179.46 1 950 TPP 18.9 %86.11 20 FTATPP TTIP PX 54 30 % 3127 68 (PX) TPP 8 PX 1 230 700 TTIP ( yarn-forward ) 49 % PX FTA 90 % 95 % 70% FTA 23 38.87 7 PX PX TPP TPP 80% PX TPP PX (IARC) PX PX PX PX PX 96 % 80 % 90 % 60 % 28 TTIP TPP 2014 TTIP 20 2020 1 ZARA Mango Nike 7.9 TPP TTIP ( TPP) ( TTIP) TPP APEC TPP TPP TPP TPP 15 Intertek 16 Intertek

7.10 7.11 7.12 7.14 9 27 21.3 % 6.8 1.85 9.9 42.0%24.1 9.9 ( RAPEX ) 805 870 7.5 % 60.9 % ( 240 ) B2B 51.7 %B2B 26.2% 77.9 % 18.6 %2.3 % O2O 1.2 % (215 8.9 %) (101 ) ( ) (258 ) ( ) (258 ) (186 (172 ) 2015 3 625 119 884 7.8 % (CPSC) 2.25 %24 1.6 B2C CPSC 6500 35.1 % 5.5 68.4% C2C 30.9 % B2C 64.1 % 6.4 % 48.9 % 26.7 % % 9.4 % 2.2 %CPSC 43 9 % 25 9 % 350 16.5 %6.5 % 5.8 % 1.3 1.85 42 % 5.8 % 2.2 7.13 11 21 3 2015 2014 6 18 10% 10% 80 2014 6 11.6 % 2014 12% 4.92 % 36 %53 % 2014 30 % 17 Intertek 18 Intertek