The 2023-2028 Outlook for Management Consulting Services in China
This study covers the latent demand outlook for management consulting services across the regions of China, including provinces, autonomous regions (Guangxi, Nei Mongol, Ningxia, Xinjiang, Xizang - Tibet), municipalities (Beijing, Chongqing, Shanghai, and Tianjin), special administrative regions (Hong Kong and Macau), and Taiwan (all hereafter referred to as 'regions'). Latent demand (in millions of U.S. dollars), or potential industry earnings (P.I.E.) estimates are given across some 1,100 cities in China. For each major city in question, the percent share the city is of the region and of China is reported. Each major city is defined as an area of 'economic population', as opposed to the demographic population within a legal geographic boundary. For many cities, the economic population is much larger that the population within the city limits; this is especially true for the cities of the Western regions. For the coastal regions, cities which are close to other major cities or which represent, by themselves, a high percent of the regional population, actual city-level population is closer to the economic population (e.g. in Beijing). Based on this 'economic' definition of population, comparative benchmarks allow the reader to quickly gauge a city's marketing and distribution value vis-?-vis others. This exercise is quite useful for persons setting up distribution centers or sales force strategies. Using econometric models which project fundamental economic dynamics within each region and city of influence, latent demand estimates are created for management consulting services. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.
This study covers management consulting services as defined by the North American Industrial Classification system or NAICS (pronounced 'nakes').
The NAICS code for management consulting services is 54161. It is for this definition that aggregate latent demand estimates are derived. Management consulting services is specifically defined as follows:
54161 This industry comprises establishments primarily engaged in providing advice and assistance to businesses and other organizations on management issues, such as strategic and organizational planning; financial planning and budgeting; marketing objectives and policies; human resource policies, practices, and planning; production scheduling; and control planning.
541611 This U.S. industry comprises establishments primarily engaged in providing operating advice and assistance to businesses and other organizations on administrative management issues, such as financial planning and budgeting, equity and asset management, records management, office planning, strategic and organizational planning, site selection, new business startup, and business process improvement. This industry also includes establishments of general management consultants that provide a full range of administrative; human resource; marketing; process, physical distribution, and logistics; or other management consulting services to clients.
541612 This U.S. industry comprises establishments primarily engaged in providing advice and assistance to businesses and other organizations in one or more of the following areas: (1) human resource and personnel policies, practices, and procedures; (2) employee benefits planning, communication, and administration; (3) compensation systems planning; (4) wage and salary administration; and (5) executive search and recruitment.
541613 This U.S. industry comprises establishments primarily engaged in providing operating advice and assistance to businesses and other organizations on marketing issues, such as developing marketing objectives and policies, sales forecasting, new product developing and pricing, licensing and franchise planning, and marketing planning and strategy.
541614 This U.S. industry comprises establishments primarily engaged in providing operating advice and assistance to businesses and other organizations in areas, such as: (1) manufacturing operations improvement; (2) productivity improvement; (3) production planning and control; (4) quality assurance and quality control; (5) inventory management; (6) distribution networks; (7) warehouse use, operations, and utilization; (8) transportation and shipment of goods and materials; and (9) materials management and handling.
541618 This U.S. industry comprises establishments primarily engaged in providing management consulting services (except administrative and general management consulting; human resources consulting; marketing consulting; or process, physical distribution, and logistics consulting). Establishments providing telecommunications or utilities management consulting services are included in this industry.
541619 Retained executive recruiting
5416121 Establishments primarily engaged in applying statistical calculation especially of life expectancy in assessing life, health, social, and casualty insurance; annuities; pensions; and compensation and benefits planning.
5416122 Establishments primarily engaged in executive search and recruitment services or executive placement services.
5416123 Establishments primarily engaged in one or more of the following: (a) providing operating advice and assistance in areas, such as human resource and personnel policies, practices, and procedures; (b) employee benefits planning, communication, and administration; (c) compensation systems planning; and (d) wage and salary administration.
This study covers management consulting services as defined by the North American Industrial Classification system or NAICS (pronounced 'nakes').
The NAICS code for management consulting services is 54161. It is for this definition that aggregate latent demand estimates are derived. Management consulting services is specifically defined as follows:
54161 This industry comprises establishments primarily engaged in providing advice and assistance to businesses and other organizations on management issues, such as strategic and organizational planning; financial planning and budgeting; marketing objectives and policies; human resource policies, practices, and planning; production scheduling; and control planning.
541611 This U.S. industry comprises establishments primarily engaged in providing operating advice and assistance to businesses and other organizations on administrative management issues, such as financial planning and budgeting, equity and asset management, records management, office planning, strategic and organizational planning, site selection, new business startup, and business process improvement. This industry also includes establishments of general management consultants that provide a full range of administrative; human resource; marketing; process, physical distribution, and logistics; or other management consulting services to clients.
541612 This U.S. industry comprises establishments primarily engaged in providing advice and assistance to businesses and other organizations in one or more of the following areas: (1) human resource and personnel policies, practices, and procedures; (2) employee benefits planning, communication, and administration; (3) compensation systems planning; (4) wage and salary administration; and (5) executive search and recruitment.
541613 This U.S. industry comprises establishments primarily engaged in providing operating advice and assistance to businesses and other organizations on marketing issues, such as developing marketing objectives and policies, sales forecasting, new product developing and pricing, licensing and franchise planning, and marketing planning and strategy.
541614 This U.S. industry comprises establishments primarily engaged in providing operating advice and assistance to businesses and other organizations in areas, such as: (1) manufacturing operations improvement; (2) productivity improvement; (3) production planning and control; (4) quality assurance and quality control; (5) inventory management; (6) distribution networks; (7) warehouse use, operations, and utilization; (8) transportation and shipment of goods and materials; and (9) materials management and handling.
541618 This U.S. industry comprises establishments primarily engaged in providing management consulting services (except administrative and general management consulting; human resources consulting; marketing consulting; or process, physical distribution, and logistics consulting). Establishments providing telecommunications or utilities management consulting services are included in this industry.
541619 Retained executive recruiting
5416121 Establishments primarily engaged in applying statistical calculation especially of life expectancy in assessing life, health, social, and casualty insurance; annuities; pensions; and compensation and benefits planning.
5416122 Establishments primarily engaged in executive search and recruitment services or executive placement services.
5416123 Establishments primarily engaged in one or more of the following: (a) providing operating advice and assistance in areas, such as human resource and personnel policies, practices, and procedures; (b) employee benefits planning, communication, and administration; (c) compensation systems planning; and (d) wage and salary administration.
1 INTRODUCTION
1.1 OVERVIEW
1.2 WHAT IS LATENT DEMAND AND THE P.I.E.?
1.3 THE METHODOLOGY
1.3.1 STEP 1. PRODUCT DEFINITION AND DATA COLLECTION
1.3.2 STEP 2. FILTERING AND SMOOTHING
1.3.3 STEP 3. FILLING IN MISSING VALUES
1.3.4 STEP 4. VARYING PARAMETER, NON-LINEAR ESTIMATION
1.3.5 STEP 5. FIXED-PARAMETER LINEAR ESTIMATION
1.3.6 STEP 6. AGGREGATION AND BENCHMARKING
1.4 FREQUENTLY ASKED QUESTIONS (FAQ)
1.4.1 CATEGORY DEFINITION
1.4.2 UNITS
1.4.3 METHODOLOGY
2 SUMMARY OF FINDINGS
2.1 LATENT DEMAND IN CHINA
2.2 TOP 100 CITIES SORTED BY RANK
2.3 LATENT DEMAND BY YEAR IN CHINA
3 ANHUI
3.1 LATENT DEMAND BY YEAR - ANHUI
3.2 CITIES SORTED BY RANK - ANHUI
3.3 CITIES SORTED ALPHABETICALLY - ANHUI
4 BEIJING
4.1 LATENT DEMAND BY YEAR - BEIJING
4.2 CITIES SORTED BY RANK - BEIJING
4.3 CITIES SORTED ALPHABETICALLY - BEIJING
5 CHONGQING
5.1 LATENT DEMAND BY YEAR - CHONGQING
5.2 CITIES SORTED BY RANK - CHONGQING
5.3 CITIES SORTED ALPHABETICALLY - CHONGQING
6 FUJIAN
6.1 LATENT DEMAND BY YEAR - FUJIAN
6.2 CITIES SORTED BY RANK - FUJIAN
6.3 CITIES SORTED ALPHABETICALLY - FUJIAN
7 GANSU
7.1 LATENT DEMAND BY YEAR - GANSU
7.2 CITIES SORTED BY RANK - GANSU
7.3 CITIES SORTED ALPHABETICALLY - GANSU
8 GUANGDONG
8.1 LATENT DEMAND BY YEAR - GUANGDONG
8.2 CITIES SORTED BY RANK - GUANGDONG
8.3 CITIES SORTED ALPHABETICALLY - GUANGDONG
9 GUANGXI
9.1 LATENT DEMAND BY YEAR - GUANGXI
9.2 CITIES SORTED BY RANK - GUANGXI
9.3 CITIES SORTED ALPHABETICALLY - GUANGXI
10 GUIZHOU
10.1 LATENT DEMAND BY YEAR - GUIZHOU
10.2 CITIES SORTED BY RANK - GUIZHOU
10.3 CITIES SORTED ALPHABETICALLY - GUIZHOU
11 HAINAN
11.1 LATENT DEMAND BY YEAR - HAINAN
11.2 CITIES SORTED BY RANK - HAINAN
11.3 CITIES SORTED ALPHABETICALLY - HAINAN
12 HEBEI
12.1 LATENT DEMAND BY YEAR - HEBEI
12.2 CITIES SORTED BY RANK - HEBEI
12.3 CITIES SORTED ALPHABETICALLY - HEBEI
13 HEILONGJIANG
13.1 LATENT DEMAND BY YEAR - HEILONGJIANG
13.2 CITIES SORTED BY RANK - HEILONGJIANG
13.3 CITIES SORTED ALPHABETICALLY - HEILONGJIANG
14 HENAN
14.1 LATENT DEMAND BY YEAR - HENAN
14.2 CITIES SORTED BY RANK - HENAN
14.3 CITIES SORTED ALPHABETICALLY - HENAN
15 HONG KONG
15.1 LATENT DEMAND BY YEAR - HONG KONG
15.2 CITIES SORTED BY RANK - HONG KONG
15.3 CITIES SORTED ALPHABETICALLY - HONG KONG
16 HUBEI
16.1 LATENT DEMAND BY YEAR - HUBEI
16.2 CITIES SORTED BY RANK - HUBEI
16.3 CITIES SORTED ALPHABETICALLY - HUBEI
17 HUNAN
17.1 LATENT DEMAND BY YEAR - HUNAN
17.2 CITIES SORTED BY RANK - HUNAN
17.3 CITIES SORTED ALPHABETICALLY - HUNAN
18 JIANGSU
18.1 LATENT DEMAND BY YEAR - JIANGSU
18.2 CITIES SORTED BY RANK - JIANGSU
18.3 CITIES SORTED ALPHABETICALLY - JIANGSU
19 JIANGXI
19.1 LATENT DEMAND BY YEAR - JIANGXI
19.2 CITIES SORTED BY RANK - JIANGXI
19.3 CITIES SORTED ALPHABETICALLY - JIANGXI
20 JILIN
20.1 LATENT DEMAND BY YEAR - JILIN
20.2 CITIES SORTED BY RANK - JILIN
20.3 CITIES SORTED ALPHABETICALLY - JILIN
21 LIAONING
21.1 LATENT DEMAND BY YEAR - LIAONING
21.2 CITIES SORTED BY RANK - LIAONING
21.3 CITIES SORTED ALPHABETICALLY - LIAONING
22 MACAU
22.1 LATENT DEMAND BY YEAR - MACAU
22.2 CITIES SORTED BY RANK - MACAU
22.3 CITIES SORTED ALPHABETICALLY - MACAU
23 NEI MONGGOL
23.1 LATENT DEMAND BY YEAR - NEI MONGGOL
23.2 CITIES SORTED BY RANK - NEI MONGGOL
23.3 CITIES SORTED ALPHABETICALLY - NEI MONGGOL
24 NINGXIA
24.1 LATENT DEMAND BY YEAR - NINGXIA
24.2 CITIES SORTED BY RANK - NINGXIA
24.3 CITIES SORTED ALPHABETICALLY - NINGXIA
25 QINGHAI
25.1 LATENT DEMAND BY YEAR - QINGHAI
25.2 CITIES SORTED BY RANK - QINGHAI
25.3 CITIES SORTED ALPHABETICALLY - QINGHAI
26 SHAANXI
26.1 LATENT DEMAND BY YEAR - SHAANXI
26.2 CITIES SORTED BY RANK - SHAANXI
26.3 CITIES SORTED ALPHABETICALLY - SHAANXI
27 SHANDONG
27.1 LATENT DEMAND BY YEAR - SHANDONG
27.2 CITIES SORTED BY RANK - SHANDONG
27.3 CITIES SORTED ALPHABETICALLY - SHANDONG
28 SHANGHAI
28.1 LATENT DEMAND BY YEAR - SHANGHAI
28.2 CITIES SORTED BY RANK - SHANGHAI
28.3 CITIES SORTED ALPHABETICALLY - SHANGHAI
29 SHANXI
29.1 LATENT DEMAND BY YEAR - SHANXI
29.2 CITIES SORTED BY RANK - SHANXI
29.3 CITIES SORTED ALPHABETICALLY - SHANXI
30 SICHUAN
30.1 LATENT DEMAND BY YEAR - SICHUAN
30.2 CITIES SORTED BY RANK - SICHUAN
30.3 CITIES SORTED ALPHABETICALLY - SICHUAN
31 TAIWAN
31.1 LATENT DEMAND BY YEAR - TAIWAN
31.2 CITIES SORTED BY RANK - TAIWAN
31.3 CITIES SORTED ALPHABETICALLY - TAIWAN
32 TIANJIN
32.1 LATENT DEMAND BY YEAR - TIANJIN
32.2 CITIES SORTED BY RANK - TIANJIN
32.3 CITIES SORTED ALPHABETICALLY - TIANJIN
33 XINJIANG UYGUR
33.1 LATENT DEMAND BY YEAR - XINJIANG UYGUR
33.2 CITIES SORTED BY RANK - XINJIANG UYGUR
33.3 CITIES SORTED ALPHABETICALLY - XINJIANG UYGUR
34 XIZANG [TIBET]
34.1 LATENT DEMAND BY YEAR - XIZANG [TIBET]
34.2 CITIES SORTED BY RANK - XIZANG [TIBET]
34.3 CITIES SORTED ALPHABETICALLY - XIZANG [TIBET]
35 YUNNAN
35.1 LATENT DEMAND BY YEAR - YUNNAN
35.2 CITIES SORTED BY RANK - YUNNAN
35.3 CITIES SORTED ALPHABETICALLY - YUNNAN
36 ZHEJIANG
36.1 LATENT DEMAND BY YEAR - ZHEJIANG
36.2 CITIES SORTED BY RANK - ZHEJIANG
36.3 CITIES SORTED ALPHABETICALLY - ZHEJIANG
37 DISCLAIMERS, WARRANTIES, AND USER AGREEMENT PROVISIONS
37.1 DISCLAIMERS & SAFE HARBOR
37.2 ICON GROUP INTERNATIONAL, INC. USER AGREEMENT PROVISIONS
1.1 OVERVIEW
1.2 WHAT IS LATENT DEMAND AND THE P.I.E.?
1.3 THE METHODOLOGY
1.3.1 STEP 1. PRODUCT DEFINITION AND DATA COLLECTION
1.3.2 STEP 2. FILTERING AND SMOOTHING
1.3.3 STEP 3. FILLING IN MISSING VALUES
1.3.4 STEP 4. VARYING PARAMETER, NON-LINEAR ESTIMATION
1.3.5 STEP 5. FIXED-PARAMETER LINEAR ESTIMATION
1.3.6 STEP 6. AGGREGATION AND BENCHMARKING
1.4 FREQUENTLY ASKED QUESTIONS (FAQ)
1.4.1 CATEGORY DEFINITION
1.4.2 UNITS
1.4.3 METHODOLOGY
2 SUMMARY OF FINDINGS
2.1 LATENT DEMAND IN CHINA
2.2 TOP 100 CITIES SORTED BY RANK
2.3 LATENT DEMAND BY YEAR IN CHINA
3 ANHUI
3.1 LATENT DEMAND BY YEAR - ANHUI
3.2 CITIES SORTED BY RANK - ANHUI
3.3 CITIES SORTED ALPHABETICALLY - ANHUI
4 BEIJING
4.1 LATENT DEMAND BY YEAR - BEIJING
4.2 CITIES SORTED BY RANK - BEIJING
4.3 CITIES SORTED ALPHABETICALLY - BEIJING
5 CHONGQING
5.1 LATENT DEMAND BY YEAR - CHONGQING
5.2 CITIES SORTED BY RANK - CHONGQING
5.3 CITIES SORTED ALPHABETICALLY - CHONGQING
6 FUJIAN
6.1 LATENT DEMAND BY YEAR - FUJIAN
6.2 CITIES SORTED BY RANK - FUJIAN
6.3 CITIES SORTED ALPHABETICALLY - FUJIAN
7 GANSU
7.1 LATENT DEMAND BY YEAR - GANSU
7.2 CITIES SORTED BY RANK - GANSU
7.3 CITIES SORTED ALPHABETICALLY - GANSU
8 GUANGDONG
8.1 LATENT DEMAND BY YEAR - GUANGDONG
8.2 CITIES SORTED BY RANK - GUANGDONG
8.3 CITIES SORTED ALPHABETICALLY - GUANGDONG
9 GUANGXI
9.1 LATENT DEMAND BY YEAR - GUANGXI
9.2 CITIES SORTED BY RANK - GUANGXI
9.3 CITIES SORTED ALPHABETICALLY - GUANGXI
10 GUIZHOU
10.1 LATENT DEMAND BY YEAR - GUIZHOU
10.2 CITIES SORTED BY RANK - GUIZHOU
10.3 CITIES SORTED ALPHABETICALLY - GUIZHOU
11 HAINAN
11.1 LATENT DEMAND BY YEAR - HAINAN
11.2 CITIES SORTED BY RANK - HAINAN
11.3 CITIES SORTED ALPHABETICALLY - HAINAN
12 HEBEI
12.1 LATENT DEMAND BY YEAR - HEBEI
12.2 CITIES SORTED BY RANK - HEBEI
12.3 CITIES SORTED ALPHABETICALLY - HEBEI
13 HEILONGJIANG
13.1 LATENT DEMAND BY YEAR - HEILONGJIANG
13.2 CITIES SORTED BY RANK - HEILONGJIANG
13.3 CITIES SORTED ALPHABETICALLY - HEILONGJIANG
14 HENAN
14.1 LATENT DEMAND BY YEAR - HENAN
14.2 CITIES SORTED BY RANK - HENAN
14.3 CITIES SORTED ALPHABETICALLY - HENAN
15 HONG KONG
15.1 LATENT DEMAND BY YEAR - HONG KONG
15.2 CITIES SORTED BY RANK - HONG KONG
15.3 CITIES SORTED ALPHABETICALLY - HONG KONG
16 HUBEI
16.1 LATENT DEMAND BY YEAR - HUBEI
16.2 CITIES SORTED BY RANK - HUBEI
16.3 CITIES SORTED ALPHABETICALLY - HUBEI
17 HUNAN
17.1 LATENT DEMAND BY YEAR - HUNAN
17.2 CITIES SORTED BY RANK - HUNAN
17.3 CITIES SORTED ALPHABETICALLY - HUNAN
18 JIANGSU
18.1 LATENT DEMAND BY YEAR - JIANGSU
18.2 CITIES SORTED BY RANK - JIANGSU
18.3 CITIES SORTED ALPHABETICALLY - JIANGSU
19 JIANGXI
19.1 LATENT DEMAND BY YEAR - JIANGXI
19.2 CITIES SORTED BY RANK - JIANGXI
19.3 CITIES SORTED ALPHABETICALLY - JIANGXI
20 JILIN
20.1 LATENT DEMAND BY YEAR - JILIN
20.2 CITIES SORTED BY RANK - JILIN
20.3 CITIES SORTED ALPHABETICALLY - JILIN
21 LIAONING
21.1 LATENT DEMAND BY YEAR - LIAONING
21.2 CITIES SORTED BY RANK - LIAONING
21.3 CITIES SORTED ALPHABETICALLY - LIAONING
22 MACAU
22.1 LATENT DEMAND BY YEAR - MACAU
22.2 CITIES SORTED BY RANK - MACAU
22.3 CITIES SORTED ALPHABETICALLY - MACAU
23 NEI MONGGOL
23.1 LATENT DEMAND BY YEAR - NEI MONGGOL
23.2 CITIES SORTED BY RANK - NEI MONGGOL
23.3 CITIES SORTED ALPHABETICALLY - NEI MONGGOL
24 NINGXIA
24.1 LATENT DEMAND BY YEAR - NINGXIA
24.2 CITIES SORTED BY RANK - NINGXIA
24.3 CITIES SORTED ALPHABETICALLY - NINGXIA
25 QINGHAI
25.1 LATENT DEMAND BY YEAR - QINGHAI
25.2 CITIES SORTED BY RANK - QINGHAI
25.3 CITIES SORTED ALPHABETICALLY - QINGHAI
26 SHAANXI
26.1 LATENT DEMAND BY YEAR - SHAANXI
26.2 CITIES SORTED BY RANK - SHAANXI
26.3 CITIES SORTED ALPHABETICALLY - SHAANXI
27 SHANDONG
27.1 LATENT DEMAND BY YEAR - SHANDONG
27.2 CITIES SORTED BY RANK - SHANDONG
27.3 CITIES SORTED ALPHABETICALLY - SHANDONG
28 SHANGHAI
28.1 LATENT DEMAND BY YEAR - SHANGHAI
28.2 CITIES SORTED BY RANK - SHANGHAI
28.3 CITIES SORTED ALPHABETICALLY - SHANGHAI
29 SHANXI
29.1 LATENT DEMAND BY YEAR - SHANXI
29.2 CITIES SORTED BY RANK - SHANXI
29.3 CITIES SORTED ALPHABETICALLY - SHANXI
30 SICHUAN
30.1 LATENT DEMAND BY YEAR - SICHUAN
30.2 CITIES SORTED BY RANK - SICHUAN
30.3 CITIES SORTED ALPHABETICALLY - SICHUAN
31 TAIWAN
31.1 LATENT DEMAND BY YEAR - TAIWAN
31.2 CITIES SORTED BY RANK - TAIWAN
31.3 CITIES SORTED ALPHABETICALLY - TAIWAN
32 TIANJIN
32.1 LATENT DEMAND BY YEAR - TIANJIN
32.2 CITIES SORTED BY RANK - TIANJIN
32.3 CITIES SORTED ALPHABETICALLY - TIANJIN
33 XINJIANG UYGUR
33.1 LATENT DEMAND BY YEAR - XINJIANG UYGUR
33.2 CITIES SORTED BY RANK - XINJIANG UYGUR
33.3 CITIES SORTED ALPHABETICALLY - XINJIANG UYGUR
34 XIZANG [TIBET]
34.1 LATENT DEMAND BY YEAR - XIZANG [TIBET]
34.2 CITIES SORTED BY RANK - XIZANG [TIBET]
34.3 CITIES SORTED ALPHABETICALLY - XIZANG [TIBET]
35 YUNNAN
35.1 LATENT DEMAND BY YEAR - YUNNAN
35.2 CITIES SORTED BY RANK - YUNNAN
35.3 CITIES SORTED ALPHABETICALLY - YUNNAN
36 ZHEJIANG
36.1 LATENT DEMAND BY YEAR - ZHEJIANG
36.2 CITIES SORTED BY RANK - ZHEJIANG
36.3 CITIES SORTED ALPHABETICALLY - ZHEJIANG
37 DISCLAIMERS, WARRANTIES, AND USER AGREEMENT PROVISIONS
37.1 DISCLAIMERS & SAFE HARBOR
37.2 ICON GROUP INTERNATIONAL, INC. USER AGREEMENT PROVISIONS
