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A study published by the Social Science Academic Press and Beijing University of Technology and excerpted from China Daily in an article dated 19 July 2010, authored by Wang Wen, revealed:
  • The expanding ranks of the middle class in the capital city have grown to 5.4 million, some 40 percent of the city?s permanent residents.
  • The average income of a member of the middle class in Beijing is about 5,923 yuan per month. The total income of the average Beijing middle class family is 10,007 yuan per month.
  • Placing these statistics in perspective, the World Bank defined middle class in developing countries as those earning about 27,100 yuan or more per year. The average annual income of a member of the middle class in Beijing is 71,076 yuan.
  • The World Bank further reported that only six developing countries boasted a middle class comprising more than 40 per cent of their total population, while China?s middle class comprises only 23 percent of its populace.
 
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"Full Circle" Services and Implementation

GEP is singularly dedicated to the Chinese partner's success through the enhanced value of the company. Elevating the private enterprise to a US publicly-traded company can increase its value by a serious multiple. Once public, management must adapt to the demanding and seemingly arcane standards and requirements of Wall Street and the Western investor.

As a leader and innovator in small and micro cap markets, GEP¡¯s priority focus is providing the full spectrum of services, including raising capital, research coverage, creating liquidity, investor conferences, and merger and acquisition advisory services to the China-based, US public companies.

GEP provides Chinese companies a good opportunity to create shareholder value. The commitment of management must be clear and certain: all shareholders--regardless of their station or holdings--always must remain the absolute top priority.

GEP manages the offering process from accounting, distribution, legal, and working with market makers; GEP offers a "full circle" to reveal the inherent value of the transformed, upgraded company.

GEP carefully screens potential client companies to ensure that they have the financial characteristics, business prospects and management commitment to succeed as publicly-traded stocks. Ideally, success leads to uplisting to a senior exchange, such as AMEX or NASDAQ. Criteria for such an uplisting are, however, demanding and expensive and few OTC Bulletin Board companies can meet these standards.
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