The Impacts of KFC on China’s Economy - 中欧社会论坛 - China Europa Forum

The Impacts of KFC on China’s Economy

Date: 2002

Published by Open Times

Based on the input-out table (1997) of China, we studied the direct and indirect impacts of KTF on Chinese economy. Our research shows that, according to the fixed price of 1997, in 2000, the direct contributions of KFC are as follows: (a) KFC invested 2.7 billion Yuan (RMB) into China’s domestic economy, which created great initial demand; (b)KFC created about 3000 job opportunities within the chains of the company; (c) the tax payment of KFC to Chinese government was 0.42 billion Yuan(RMB); (d) KFC indirectly provided 0.16-0.23 million job opportunities for Chinese employees; (e) it also indirectly created tax contribution of 0.325 billion Yuan (RMB) as tax contribution to the Chinese governments; (f) the total multiplier of KFC’s input for Chinese economy is around 2.6.

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