HSBC 2015 Annual Report Download - page 15

Size of middle class population
1.8bn
3.2bn
5.0bn
28%
54%
66%
2010
2020
2030
Asia
Key
Rest of the world
Over 64s as a share of working age population
(%)
0% 10% 20% 30% 40% 50%
US
EU
Greater China
India
Indonesia
World
2015
Key
2050
Distinctive advantages Long-term strategy
We defined a series of strategic actions
to deliver our long-term strategy through 2017.
For details, see page 18.
Source: OECD Development Centre, ‘Emerging
middle class in developing countries’ (2010)
Source: United Nations, 2015 Revision
of World Population Prospects
Ageing populations
The world’s population aged 60 and above will
more than double from less than one billion in
2015 to more than two billion by 2050.
Growing middle class
Economic growth in the world’s fast-growing
economies is bringing millions of people into
the middle class, especially in Asia.
Unrivalled global presence
Our network provides access to more than 90%
of global GDP, trade and capital flows. We use it to
offer products that facilitate trade and investment,
and help clients participate in global growth
opportunities. Our global presence helps us build
deeper and more enduring relationships with
businesses and individuals with international needs.
Universal banking model
Our four global businesses serve the full range of
banking customers, from individual savers to large
multinational companies. This universal banking
model enables us to meet clients’ diverse financial
needs effectively. Our balanced mix of businesses
supports a strong capital and funding base, reduces
our risk profile and volatility, and generates stable
shareholder returns.
Develop our international network
We have an unparalleled presence in, and a long-
term commitment to, our strategic markets. We aim
to develop our network of businesses to support future
growth and increasing global connectivity. Our global
reach and range of services place us in a strong
position to connect customers to opportunities, helping
both businesses and individuals to grow and prosper.
Invest in wealth management
and select retail businesses
We aim to capture opportunities arising from social
mobility, wealth creation and long-term demographic
changes in our priority markets. We invest in full-scale
retail businesses in markets where we can achieve
profitable scale.
Strategic ReportFinancial Review Corporate Governance Financial Statements Shareholder Information
HSBC HOLDINGS PLC
13
Our strategy