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Market Development
A biweekly newsletter providing up-to-date information on the latest developments in China trade policy and trade regulations
Business Alert – China
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Market Development
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1.
Rapid Development of Chain Retailing Brands in Xian
According to the Xian Chain Store and Franchise Association, there are currently 119 chain-operated enterprises and 1,857 chain-operated outlets in Xian, covering 23 sectors. Annual sales volume amounts to Rmb12.5 billion and has registered increases of over 30% for four consecutive years
1 May 2009
2.
UAE Overtakes US as Biggest Importer of Yiwu Goods
According to the latest figures published by the industry and commerce administration bureau of Yiwu city, market turnover between January and March this year reached Rmb11.306 billion, an increase of 14.17% year-on-year. Turnover of the China Small Commodities City alone amounted to Rmb7.737 billion, an increase of 7.56% year-on-year
1 May 2009
3.
Foreign Supermarkets Seek "Shelter" in China
The market share of global retail giant Tesco has fallen to 30.2% in the UK, the lowest in recent years, but its China market revenue has shown double-digit growth for several years in a row
1 April 2009
4.
Big Companies Move into Nanjing Jiangning Development Zone
Following the entry of 10 big producer service enterprises at the end of last year, the Jiangning Development Zone signed contracts for another four business and service projects with investment totalling Rmb3 billion with Golden Eagle
1 April 2009
5.
China Overtakes the US in Luxury Goods Consumption
As announced by the World Luxury Association (WLA), sales of luxury goods have dropped to varying extents worldwide under the impact of the financial crisis. As at the end of January 2009, the world's top three luxury spenders were Japan, China and the US
1 April 2009
6.
Shenzhen Announces Policies to Support LED Industry
Semiconductor lighting using LED technology is energy efficient, environmentally friendly, long-life and easy to maintain. As a sunrise industry and green industry
1 March 2009
7.
Tips on Supplying to Mainland Department Stores
According to Liu Jiangchao, chairman of Wuhan Department Store Group Co. Ltd., it is common for mainland department stores to expect their suppliers to have independent legal person status and provide relevant documents, including legal and valid documents
1 Feb 2009
8.
E-Business Ideal for SMEs in Current Difficult Times
Hangzhou with its high concentration of small and medium-sized enterprises (SMEs) naturally cannot escape the onslaught of the global financial tsunami unscathed. Soaring oil price and other costs since the beginning of the year have made it imperative for SMEs to brush up on their e-business skills to cut costs
1 Jan 2009
9.
Hong Kong Firms May Benefit from Henan's Accelerated Industrial Upgrade
The Henan economy has been steadily growing in recent years in the wake of the rise of Central China and the relocation of industries from the eastern provinces. Its economic growth rate is among the highest in the country. Henan's output value totalled over Rmb1.5 trillion in 2007, up 14.4% year-on-year
1 Jan 2009
10.
Upmarket Department Stores in Qingdao Adjust Brand Mix
Upmarket department stores in Qingdao have recently reshuffled their brand portfolios, putting specific focus on two major beauty product categories - fashion and cosmetics - by replacing mid-tier brands with top-tier ones
1 June 2008
11.
Largest "Drive-Thru" Restaurant in Eastern China Settles in Zhenjiang
KFC China Corporation has opened the largest drive-thru restaurant in eastern China in the Dingmao New Area in Zhenjiang. The total investment in the facility, KFC's "flagship" drive-thru restaurant with the largest business area in eastern China
1 Feb 2008
12.
Dalian IC Industry Tops US$10 Billion
More than 250 suppliers of Intel from around the world and 400 representatives of mainland enterprises recently took part in the first Dalian chip supplier summit organised jointly by Intel and the Dalian municipal government
1 Dec 2007
13.
Shopping Discounts for BOC Cardholders
On 18 October, the Bank of China Sichuan branch, together with BOC (Hong Kong) Credit Card (International) Ltd and BOC branches in Guangdong
1 Nov 2007
14.
China to Ban Tobacco Ads and Sale by 2011
A meeting on China's obligations to the World Health Organisation's Framework Convention on Tobacco Control was held in Guangzhou recently
1 Oct 2007
15.
Discount Stores Mushroom in Hangzhou
Ask any frequent shopper in Hangzhou where to buy branded goods and the answer is definitely Tiyuchang Road near Yanan Road
1 Sept 2007
16.
Large Enterprises Expand into Rural Market
At the Third Multinational Retail Groups Purchasing Conference & First National Farm Produce Conference in Nanjing, a number of well-known international and domestic enterprises
1 Aug 2007
17.
Zhejiang Investment and Trade Fair
The Ninth Zhejiang Investment & Trade Fair held in June attracted over 70,000 local and foreign investors. During the fair, 231 contracts were signed, involving total contracted investment of US$3.28 billion
1 July 2007
18.
Hunan's Textile Industry Faces Reshuffling After Export Rebate Cut
Hunan's textile sector rebounded during the 10th Five-Year Plan period. In 2005, the output value of large-scale Hunan enterprises amounted to Rmb19.483 billion, soaring to the 13th place in national ranking
1 Jan 2007
19.
Shanghai Department Stores Register Continuous Growth
Summer sales are basically over as the mercury drops and autumn approaches. The weather in Shanghai was quite unfavourable to department store operators this summer
1 Oct 2006
20.
Shanghai Releases Business Costs for the First Time
The 2006 Shanghai Foreign Investment Environment White Paper was published recently by the Shanghai Foreign Economic and Trade Commission
1 Sept 2006
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