65. Slides...The current estimate for sales growth for all sales in China, with the exception of Taiwan sales which are documented separately on page 144 of the 1996 Country Forecast Plan (data section) and including all non-agent sales, annualised and excluding (by statistical method known as "Cyclical Trend Correlation") any seasonal fluctuations, is expected to average 9.882% in the years 1997 to 1999, then 9.976% in 2000 and 2001, rising to 9.997%,briefly, in 2002 and finally reaching 9.898% in 2003 and 2004. On this growth rate, total sales will almost double in 7 years and more than double in 8 years - if any of you have read this far, please raise your hand - doubling exactly in 7 years and 6.8 months. This slide is so boring I bet you haven't read it !
66. Slides...Growth forecasted at approximately (allowing for seasonal shifts) 9.984% every year (except 1998 due to a change of components supplier when it is 9.881%)
If these rates * continue uninterrupted (other than cyclical - average remains at 10% every year) total sales (all China except Taiwan) will increase by 100% within 7 years and 7.5 months.
* Note: Above data was compiled by COPL/554 (August 1997) and is in the Country Business Plan pages 22-34 (Data Section).