Tag Archives: retail

Foreign Retail Enterprises in China

Foreign retail enterprises began trickling in China as early as 1992. By 2000, over 350 such enterprises were operating under various local sanctions, but only 40 of them had gained proper approval from the central government. A crackdown followed, presumably in anticipation of WTO entry, requiring foreign investors to conform to a set of trial [...]

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China’s Retail Industry

In 2004, the retail market capacity grew steadily in China and the annual retail amount of the social consumables reached RMB 5395 billion, a 13.3% year-on-year. The actual growth amounted to 10.2% with the inflation deducted. The urban-rural and regional differences are further expanding. The retail sales of urban consumables achieved RMB 3557.3 billion in [...]

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