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China Retail Market 2004

  • ID: 44916
  • Report
  • January 2005
  • Region: China
  • 101 Pages
  • China Market Research
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Foreign firms cautious on retail opening.

Foreign retailers have neither swarmed to China, nor have they expressed a desire to change their status to wholly-owned companies since the nation opened up the sector.

Up to now, no foreign retailers has applied to be solely foreign-funded despite the scrapping of the restriction according to China's commitments to the World Trade Organization (WTO).

China has accepted several applications to set up wholly foreign-owned companies in the commerce sector, but none of these are from retailers.number of foreign retailers applying to open new stores had not increased because of the lifting of the restriction.

China now has more than 10 wholly overseas-funded companies in the commercial business, all established under the Closer Economic Partnership Arrangement (CEPA), rather than the recent opening of the sector.

The Chinese Government lifted the restrictions on shareholding, locations and store numbers for all foreign-funded companies in the commercial sector since December 11 last year. Most of the foreign retailers will maintain their existing co-operation with local partners.
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MOFCOM Will Strengthen Regulation on Franchising 2005-01-13
Direct sellers await market opening 2005-01-13
Shanghai: Local hypermarkets face intense competition 2005-01-12
Foreign firms cautious on retail opening 2005-01-06

Direct-selling opening delayed 2004-12-28
Company cashes in on retail property sector 2004-12-24
Wolesale markets booming 2004-12-24
China has more than 90,000 wholesale markets 2004-12-24
Wal-mart to open Shanghai outlet 2004-12-23

Robust rise in retail sales expected 2004-12-13
Retailing and wholesaling open to foreign investment businesses 2004-11-24
Retail sector playing sheep and wolves 2004-11-18
Online shopping lures more consumers 2004-11-17
Nation's retail sales realize mild growth 2004-11-16

Trade surplus climbs amid slowing economy 2004-11-12
China's chain stores see high increase rate in sales volume 2004-11-10
Shenzhen awaits luxury retailers 2004-11-05
Metro Scaling up Investment in China by 600 Million Euros 2004-11-03
Wal-Mart opens 40th outlet in central China city 2004-11-02

Catering retail sales up 22.8% 2004-10-28
Wal-Mart to enter Hangzhou 2004-10-27
HK Int'l Hardware & Home Improvement Fair opens 2004-10-27
First CEPA Concept Store to Be Opened in Shanghai 2004-10-08
Wal-mart to Enter Secondary Cities in China 2004-10-08

Retail giant opens 21st shopping mall in China 2004-09-26
Watsons to double stores in mainland 2004-09-24
Aug. consumer goods sales remain brisk in Beijing 2004-09-23
First Hong Kong Retail Chain Gaining Access to Guangdong 2004-09-21
Trading firms face testing times 2004-09-07

CEPA Concept Retail Stores Emerging in Shanghai 2004-08-20
First Zero-Tariff HK Commodity Arcade in Zhejiang Opened to Business 2004-08-20
Standards to set out retail guidelines 2004-08-16
Lianhua Supermarket's interim profit surges 26 pct 2004-08-16
Retail sales rise 13.2% in July 2004-08-16

Wumart to explore department business 2004-08-16
Retail sales of catering industry to exceed US$84 bln: MOC 2004-08-13
Macao issues first CEPA certificates to retailers 2004-08-13
Gome chief abandons share sale 2004-08-11
HK retail sales up 14.5% in June 2004-08-09

Booming chain businesses contribute to Beijing development 2004-08-05
Booming Chain Store Businesses Offer More Job Opportunities in Chongqing 2004-08-02
China to Make Circular Economy Blueprint 2004-08-01
Commodity Market Growing Steadily 2004-07-30
Tesco Makes Foray into China Market 2004-07-29

Retail Sales to Exceed $605 bln This Year: Report 2004-07-28
Farm Products Retailing Open to Foreign Investment 2004-07-28
Hong Kong ParkNshop to Reenter Shanghai 2004-07-28
China to Develop Recycling Industry 2004-07-27
International Fair bringing Well-known Chains 2004-07-26

China to Build Rural Retail Network in 5 Years 2004-07-25
Avon Approved for Pilot Direct Selling 2004-07-23
Retail Sales Up 12.8% in First Half 2004-07-20
Starbucks to Open New Outlet in Beijing Airport 2004-07-15
Britain's Biggest Supermarket Tesco Enters China's Mainland 2004-07-14

Private Book Companies to Debut at Major National Book Fair 2004-07-13
Retailers Compete for the Delta 2004-07-12
Foreign Firms Cash in on China Consumers 2004-07-09
Drink Chinese Cool Tea in KFC 2004-07-08
KFC Offering Breakfast Foods in Fuzhou 2004-07-08

First Taiwan-invested Pharmaceutical Company Set up in Shantou 2004-07-08
New Carrefour Stores to Be Introduced to Chengdu 2004-07-08
Coverall to Enter the Chinese Market 2004-07-05
China Working on Market Circulation Legislation 2004-07-05
Record High Retail in First 5 Months 2004-07-04

Taiwan's Tinghsin Group to Open Convenience Stores in Shanghai 2004-07-01
Anti-monopoly Law Tops The Agenda 2004-06-23
Bank Card Row Shows Signs of Spreading 2004-06-21
Amway Plans R&D Center in Shanghai 2004-06-19
E-Mart Plans 50 Outlets in China by 2012 2004-06-18

More Hong Kong Goods Enter Shanghai 2004-06-18
Convenience Store Chain Aiming for Top Position 2004-06-18
Digital Tech to be Used for Future Tibetan Railway 2004-06-17
Australia's Largest Retail Group Planning to Increase Direct Sourcing from China 2004-06-16
Sales of Foreign Invested Catering Chains Accounting Half of China's Catering Industry 2004-06-16

Carrefour Brand Products 2004-06-16
About 40,000 Chain Stores in Operation around China 2004-06-16
Joint-Equity Hong Kong Commodity Center to Be Built in Hangzhou 2004-06-15
Authorities Try to Cool Mall Mania 2004-06-15
MOFCOM to Apply a Hearing System to New Applications for Large Shopping Centers 2004-06-15

China's First Guideline on Commercial Market Gives Priority to Farm Products Circulation 2004-06-10
City's Retail Sales to Achieve Double-Digit Growth 2004-06-10
Anti-monopoly Legislation on the Way 2004-06-10
Chinese Commercial Development Blueprint Tightens Shopping-Mall Building 2004-06-09
Foreign Retail Giants Quickening Expansion Pace in China 2004-06-09

Stake Deal to Intensify CRE's Position 2004-06-04
Taiwan Tomson Group to Build a Shopping Mall in Shanghai 2004-06-03
Beijing Simplifies Procedures for Supermarkets 2004-06-03
Drive to Strengthen Circulation Sector 2004-06-03
European Retailers Attaching Importance to Exploring the Chinese Market 2004-06-02

Carrefour Cuts Prices on Own Brands 2004-06-02
Measures for the Administration on Foreign Investment in Commercial Fields Becoming Effective 2004-06-02
Wal-Mart Opens First Store in Guizhou 2004-05-28
Tesco Looks to China as U.K. Competition CMRmps Profit Growth 2004-05-26
Bailian Group Has Grand Growth Vision 2004-05-25

Carrefour Plans Purchasing Center in Guangzhou 2004-05-20
Carrefour to Set up China Purchasing Center in Guangzhou 2004-05-20
IkEA to Enter Chengdu 2004-05-18
Metro Cash & Carry Seeking Long-term Suppliers in Shanghai 2004-05-18
Midea and B&Q Signing a 600-million-RMB Framework Agreement 2004-05-18

Zero-tariff HK and Macau Commodity Stores to Be Opened in Chengdu 2004-05-18
Draft Direct Selling Law Set For September 2004-05-14
First Merger of Listed Firms Approved 2004-05-12
CRC Shopping Center to Be Opened in Chengdu 2004-05-11
Alliance to Boost Retailers' Performance 2004-05-10

Nearly 80% of Consumer Goods Qualified in First Quarter 2004-05-08
Wal-mart Entering Guangxi's Retail Market 2004-04-30
Distribution Deal Signed 2004-04-30
French Firm Opens First Asian Store in Beijing 2004-04-30
Commercial Centre Opens 2004-04-30

Hyundai Plans Beijing Department Store for 2004 2004-04-29
Asia's Biggest Shopping Mall to Open in Beijing 2004-04-28
Report on China's Commodities Market 2004-04-28
Rural Supply, Marketing Co-Operatives Catching up 2004-04-27
Fujian's First CEPA-Concept Shopping Mall to Be Opened 2004-04-22

Ministry Issues Measure on Investment 2004-04-17
Higher Speed Noted in Opening China's Service Sector 2004-04-15
Retail Sales Rise 9.2 Percent in First Quarter: NBS Spokesman 2004-04-15
World's Top 3 Retail Chains Moving to Zhengzhou in 2004 2004-04-14
Gome Expands in AV Products Sector 2004-04-07

7-Eleven to Open 1st Chinese Branch 2004-04-07
Stores Urged to Set Up Franchises 2004-04-05
Robust Economy Boosts Lianhua Net 2004-04-03
No Easy Way to Win in China: Carrefour 2004-03-31
China to Reinforce Market System in Rural Area 2004-03-31

Retail Sales Expected to Hit 5,000 bln Yuan 2004-03-23
B&Q Plans to Open Three New Stores in Beijing 2004-03-19
Metro Enters Guangdong 2004-03-19
Carrefour Opens Flagship Store in Beijing 2004-03-18
China to Lift Restrictions on Foreign Investment in Retailing 2004-03-16

Catering Trade Booming in China 2004-03-16
Retail Sales Show Signs of Picking up 2004-03-16
Tesco Ready to Wrestle in China 2004-03-16
Stores will Shelf Expansion Plan 2004-03-10
Super Ocean Eyes Retail Market by Opening Mall 2004-03-09

7-Eleven to Add Outlets in Beijing 2004-03-09
Plan to Create Retail Giants 2004-03-05
Bailian Expected to List, Merge Asssets 2004-03-05
Pawn Chain Reflects Rising Trend 2004-03-01
City Gets New Hypermarket 2004-02-28

Foreign Retailers Get Free Rein to Expand 2004-02-27
Old Store Revived in Joinbuy Shuffle 2004-02-26
Sa Sa Plans First Outlet 2004-02-26
Foreign Cooperatives Planning to Buy Agricultural, Sideline Products in Beijing 2004-02-26
China Bans Building of New Malls Nationwide 2004-02-23

Carrefour Starts Selling in Northwest China 2004-02-18
Retail Sales Hit New Record in Beijing 2004-02-17
Amway Plans to Open 50 Outlets in China 2004-02-14
Carrefour Expansion Report Ruled out 2004-02-12
Domestic Retailers Keep Stranglehold 2004-02-12

MOFCOM Predicting 8 Trends for Chain Business 2004-02-12
Tesco Set to Buy 50% of Hymall in Bid to Grow 2004-02-10
Philippine Fast Food Giant Entering China by Pre-acquiring Yonghe King 2004-02-10
Ban on Direct Selling May Be Lifted 2004-02-10
Foreign Membership Superstores Hit Doldrums in China 2004-02-09

Retailers Expand in China 2004-02-05
7-Eleven Store Debuts in Beijing 2004-02-05
China's Haier among World's Top 100 Recognizable Brands 2004-02-03
Week-long Holiday Sales See Big Rise 2004-02-02
Retailers' Concerns Groundless: Long Yongtu 2004-02-02

Eight Trends of Chinese Chain Store Industry in 2004 2004-01-30
Commercial Wholesaling and Retailing Becoming FDI Attractions 2004-01-19
Retailer to Tap Fast Food Sector 2004-01-15
KFC Fast Food to Wing Its Way at Last to Tibet 2004-01-15
McDonald's Plans to Open 100 New Outlets in China 2004-01-15

Wal-Mart Makes Moves to Expand Its Stores 2004-01-15
Foxtown Offers up to 60% Discounts 2004-01-14
Rules Relaxed for HK, Macau Trading, Cargo Companies 2004-01-10
10 Percent HK-based French Companies to Benefit from CEPA 2004-01-09
7-Eleven Says China Joint Venture OK'd 2004-01-07

Four-ministry Regulations on Foreign-invested Export Sourcing Centers Publicized 2004-01-07
Cashing in on Free Trade 2004-01-05
Hong Kong-based Trading Firm Sets up Subsidiary in Shanghai 2004-01-01
Japanese Retailer Ito-Yokado to Open first Food Supermarket in China
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