26 February 2014
Key charts and graphs
Chart: 1 DRIVE index
60
55.2
55.1
54.9
54.7
54.3
55
50
4Q12
1Q13
2Q13
3Q13
4Q13
Chart 2a: Change in RMB customer order/ invoices and trade
settlement in P12M
3%
3%
33%
36%
4%
34%
9%
Expected usage
increase in N12M
4%
14%
20%
73%
65%
No change
Unsure
57%
54%
57%
Do not use
2%
2%
1%
3%
4Q12
1Q13
2Q13
3Q13
4Q13
Expected usage
decrease in
N12M
Base: All respondents
Chart 2b: Change in RMB customer order/ invoices and trade
settlement in N12M
8%
39%
40%
9%
36%
38%
11%
7%
39%
43%
10%
8%
25%
28%
8%
Unsure
63%
52%
5%
2%
4Q12
Base: All respondents
Usage increased
in P12M
No change
1Q13
2Q13
3Q13
4Q13
Do not use
Usage decreased
in P12M
26 February 2014
Chart 3a: Usage of RMB payment and receivables services
25%
16%
26%
30%
Currently using or will
consider in N12M
75%
1Q13
84%
2Q13
No need for this product
74%
70%
3Q13
4Q13
Base: All respondents
Chart 3b: Usage of RMB trade services
5%
5%
4%
9%
Currently using or will
consider in N12M
95%
95%
96%
90%
1Q13
2Q13
3Q13
4Q13
No need for this product
Base: All respondents
Chart 4a: Business results in the past 12 months (sales turnover)
11%
14%
16%
39%
41%
18%
16%
15%
2%
18%
4Q12
1Q13
Base: All respondents
4%
53%
15%
1%
2Q13
3Q13
No change
Don't know
16%
12%
3%
13%
+10%
+5-10%
40%
49%
19%
17%
8%
17%
-10%
17%
-5-10%
3%
4Q13
26 February 2014
Chart 4b: Business performance outlook in the next 12 months (sales turnover)
3%
3%
16%
14%
15%
8%
4%
20%
15%
+10%
+5-10%
44%
59%
50%
48%
53%
No change
Don't know
23%
19%
8%
12%
9%
12%
-10%
18%
5%
3%
2%
5%
4%
4Q12
1Q13
2Q13
3Q13
4Q13
-5-10%
Base: All respondents
Chart 5: Initiation of RMB trade settlement
Don’t know/
Unsure
7%
My Company
34%
Supplier
28%
Overseas
Customers
31%
Base: Companies using RMB trade settlement service
Chart 6: Overall RMB products or services usage
26%
74%
1Q13
Base: All respondents
14%
24%
30%
Used ANY
RMB products
in P12M
86%
76%
70%
Did not use
any RMB
products in
P12M
2Q13
3Q13
4Q13
26 February 2014
Chart 7a: RMB products used in the past 12 months
FX Spot
36%
RMB Denominated Structured Inv. …
9%
Deliverable Forward
Other FX Linked to RMB Structured Inv. …
9%
5%
FW Swap / Cross Currency Swap
4%
RMB Bonds
3%
RMB Letter of Credit
1%
RMB Term loan
1%
Structured Forward
1%
RMB Saving and cheque account
1%
RMB Insurance and MPF
0%
QFII Products
0%
Base: Companies using any RMB products
Chart 7b: RMB products intended to use in the the next 12 months
FX Spot
42%
RMB Denominated Structured Inv. …
6%
Deliverable Forward
Other FX Linked to RMB Structured Inv. …
6%
5%
FW Swap / Cross Currency Swap
RMB Bonds
6%
2%
RMB Letter of Credit
6%
RMB Term loan
5%
Structured Forward
4%
RMB Saving and cheque account
RMB Insurance and MPF
QFII Products
0%
6%
1%
Base: Companies intending to use RMB products in N12M
Chart 8: Percentage of RMB in company’s liquid assets
60%
72%
More than 20%
11-20%
11%
8%
9%
3Q13
16%
Less than 10%
17%
Refused
7%
4Q13
Base: Companies with RMB as part of the company's liquid asset
26 February 2014
Chart 9: Percentage of customer order/ invoices denominated in RMB in overall
sales turnover
10% or less
55%
11 - 30%
21%
More than 30%
21%
Refused
2%
Base: Companies using RMB customer order/ invoices
Chart 10: Percentage of RMB trade settlement in total trade settlement
services
10% or less
58%
17%
11-30%
More than 30%
Refused
12%
13%
Base: Companies using RMB trade settlement service
26 February 2014