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Viewing report
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Retail Sector in Beijing
China Knowledge Press, Sep 2004, Pages: 63
China's retail market is growing at a tremendous rate. According to experts, predictions, by 2005, the total retail sales of consumer goods in China will reach between approximately RMB 4,800 billion and RMB 5,000 billion (USD 580.41 billion to USD 604.59 billion). In particular, the pace of development of the Beijing retail market itself has been astounding. In the 1st Quarter of 2004, Beijing's actual retail sales accounted for USD 12.9 billion out of the nation's USD 304.9 billion. In terms of the growth rate of retail sales, Beijing ranked 3rd nationwide, and 1st among the four municipalities. Retail Sector in Beijing is a detailed study of important developments in Beijing's retail sector. New management methods like franchising and joint ventures are discussed; and information on the procedures investors have to adhere to when establishing joint venture enterprises are provided. The report takes a critical look at the impact of foreign investment in China's retail sector after WTO entry and the performance of various major retail enterprises in Beijing, among others.
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