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The retail market in China is forecast to grow by $1207.55 bn during 2022-2027, accelerating at a CAGR of 8.64% during the forecast period. The report on the retail market in China provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the premiumization of products, the growing popularity of private-label brands, and value-added service.
The retail market in China is segmented as below:
By Product
- Food and beverages
- Apparel and footwear
- Home improvement
- Consumer electronics and appliances
- Beauty and personal care
By Distribution Channel
- Offline
- Online
The report on the retail market in China covers the following areas:
- Retail market sizing
- Retail market forecast
- Retail market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Product
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 12: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 13: Chart on China: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on China: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Retail market in China 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on Retail market in China 2017 - 2021 ($ billion)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Product Segment 2017 - 2021 ($ billion)
4.3 Distribution Channel Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
6.1 Market segments
Exhibit 25: Chart on Product - Market share 2022-2027 (%)
Exhibit 26: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 27: Chart on Comparison by Product
Exhibit 28: Data Table on Comparison by Product
6.3 Food and beverages - Market size and forecast 2022-2027
Exhibit 29: Chart on Food and beverages - Market size and forecast 2022-2027 ($ billion)
Exhibit 30: Data Table on Food and beverages - Market size and forecast 2022-2027 ($ billion)
Exhibit 31: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)
6.4 Apparel and footwear - Market size and forecast 2022-2027
Exhibit 33: Chart on Apparel and footwear - Market size and forecast 2022-2027 ($ billion)
Exhibit 34: Data Table on Apparel and footwear - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Chart on Apparel and footwear - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Apparel and footwear - Year-over-year growth 2022-2027 (%)
6.5 Home improvement - Market size and forecast 2022-2027
Exhibit 37: Chart on Home improvement - Market size and forecast 2022-2027 ($ billion)
Exhibit 38: Data Table on Home improvement - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Chart on Home improvement - Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on Home improvement - Year-over-year growth 2022-2027 (%)
6.6 Consumer electronics and appliances - Market size and forecast 2022-2027
Exhibit 41: Chart on Consumer electronics and appliances - Market size and forecast 2022-2027 ($ billion)
Exhibit 42: Data Table on Consumer electronics and appliances - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Chart on Consumer electronics and appliances - Year-over-year growth 2022-2027 (%)
Exhibit 44: Data Table on Consumer electronics and appliances - Year-over-year growth 2022-2027 (%)
6.7 Beauty and personal care - Market size and forecast 2022-2027
Exhibit 45: Chart on Beauty and personal care - Market size and forecast 2022-2027 ($ billion)
Exhibit 46: Data Table on Beauty and personal care - Market size and forecast 2022-2027 ($ billion)
Exhibit 47: Chart on Beauty and personal care - Year-over-year growth 2022-2027 (%)
Exhibit 48: Data Table on Beauty and personal care - Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by Product
Exhibit 49: Market opportunity by Product ($ billion)
Exhibit 50: Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Distribution Channel
7.1 Market segments
Exhibit 51: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 52: Data Table on Distribution Channel - Market share 2022-2027 (%)
7.2 Comparison by Distribution Channel
Exhibit 53: Chart on Comparison by Distribution Channel
Exhibit 54: Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2022-2027
Exhibit 55: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 56: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Offline - Year-over-year growth 2022-2027 (%)
7.4 Online - Market size and forecast 2022-2027
Exhibit 59: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Online - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 63: Market opportunity by Distribution Channel ($ billion)
Exhibit 64: Data Table on Market opportunity by Distribution Channel ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 66: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 67: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 68: Overview on factors of disruption
10.4 Industry risks
Exhibit 69: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered
Exhibit 70: Vendors covered
11.2 Market positioning of vendors
Exhibit 71: Matrix on vendor position and classification
11.3 Alibaba Group Holding Ltd.
Exhibit 72: Alibaba Group Holding Ltd. - Overview
Exhibit 73: Alibaba Group Holding Ltd. - Business segments
Exhibit 74: Alibaba Group Holding Ltd. - Key offerings
Exhibit 75: Alibaba Group Holding Ltd. - Segment focus
11.4 Bailian Group
Exhibit 76: Bailian Group - Overview
Exhibit 77: Bailian Group - Product / Service
Exhibit 78: Bailian Group - Key offerings
11.5 Beijing Dangdang Kewen Electronic Commerce Co. Ltd.
Exhibit 79: Beijing Dangdang Kewen Electronic Commerce Co. Ltd. - Overview
Exhibit 80: Beijing Dangdang Kewen Electronic Commerce Co. Ltd. - Product / Service
Exhibit 81: Beijing Dangdang Kewen Electronic Commerce Co. Ltd. - Key offerings
11.6 CK Hutchison Holdings Ltd.
Exhibit 82: CK Hutchison Holdings Ltd. - Overview
Exhibit 83: CK Hutchison Holdings Ltd. - Business segments
Exhibit 84: CK Hutchison Holdings Ltd. - Key news
Exhibit 85: CK Hutchison Holdings Ltd. - Key offerings
Exhibit 86: CK Hutchison Holdings Ltd. - Segment focus
11.7 E Mart Co. Ltd.
Exhibit 87: E Mart Co. Ltd. - Overview
Exhibit 88: E Mart Co. Ltd. - Product / Service
Exhibit 89: E Mart Co. Ltd. - Key offerings
11.8 GOME Retail Holdings Ltd.
Exhibit 90: GOME Retail Holdings Ltd. - Overview
Exhibit 91: GOME Retail Holdings Ltd. - Product / Service
Exhibit 92: GOME Retail Holdings Ltd. - Key offerings
11.9 JD.com Inc.
Exhibit 93: JD.com Inc. - Overview
Exhibit 94: JD.com Inc. - Business segments
Exhibit 95: JD.com Inc. - Key news
Exhibit 96: JD.com Inc. - Key offerings
Exhibit 97: JD.com Inc. - Segment focus
11.10 Lotte Corp.
Exhibit 98: Lotte Corp. - Overview
Exhibit 99: Lotte Corp. - Business segments
Exhibit 100: Lotte Corp. - Key offerings
Exhibit 101: Lotte Corp. - Segment focus
11.11 PetroChina Co. Ltd.
Exhibit 102: PetroChina Co. Ltd. - Overview
Exhibit 103: PetroChina Co. Ltd. - Business segments
Exhibit 104: PetroChina Co. Ltd. - Key offerings
Exhibit 105: PetroChina Co. Ltd. - Segment focus
11.12 Pinduoduo Inc.
Exhibit 106: Pinduoduo Inc. - Overview
Exhibit 107: Pinduoduo Inc. - Product / Service
Exhibit 108: Pinduoduo Inc. - Key offerings
11.13 Quanlian Industrial Co. Ltd.
Exhibit 109: Quanlian Industrial Co. Ltd. - Overview
Exhibit 110: Quanlian Industrial Co. Ltd. - Product / Service
Exhibit 111: Quanlian Industrial Co. Ltd. - Key offerings
11.14 Sun Art Retail Group Ltd.
Exhibit 112: Sun Art Retail Group Ltd. - Overview
Exhibit 113: Sun Art Retail Group Ltd. - Product / Service
Exhibit 114: Sun Art Retail Group Ltd. - Key offerings
11.15 Vipshop Holdings Ltd.
Exhibit 115: Vipshop Holdings Ltd. - Overview
Exhibit 116: Vipshop Holdings Ltd. - Business segments
Exhibit 117: Vipshop Holdings Ltd. - Key offerings
Exhibit 118: Vipshop Holdings Ltd. - Segment focus
11.16 Walmart Inc.
Exhibit 119: Walmart Inc. - Overview
Exhibit 120: Walmart Inc. - Business segments
Exhibit 121: Walmart Inc. - Key news
Exhibit 122: Walmart Inc. - Key offerings
Exhibit 123: Walmart Inc. - Segment focus
11.17 Yonghui Superstores Co. Ltd.
Exhibit 124: Yonghui Superstores Co. Ltd. - Overview
Exhibit 125: Yonghui Superstores Co. Ltd. - Product / Service
Exhibit 126: Yonghui Superstores Co. Ltd. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 127: Inclusions checklist
Exhibit 128: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 129: Currency conversion rates for US$
12.4 Research methodology
Exhibit 130: Research methodology
Exhibit 131: Validation techniques employed for market sizing
Exhibit 132: Information sources
12.5 List of abbreviations
Exhibit 133: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Product
Exhibits 5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 6: Executive Summary - Chart on Vendor Market Positioning
Exhibits 7: Parent market
Exhibits 8: Market Characteristics
Exhibits 9: Offerings of vendors included in the market definition
Exhibits 10: Market segments
Exhibits 11: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibits 12: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibits 13: Chart on China: Year-over-year growth 2022-2027 (%)
Exhibits 14: Data Table on China: Year-over-year growth 2022-2027 (%)
Exhibits 15: Historic Market Size - Data Table on Retail market in China 2017 - 2021 ($ billion)
Exhibits 16: Historic Market Size - Product Segment 2017 - 2021 ($ billion)
Exhibits 17: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ billion)
Exhibits 18: Five forces analysis - Comparison between 2022 and 2027
Exhibits 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 21: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 22: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 23: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 24: Chart on Market condition - Five forces 2022 and 2027
Exhibits 25: Chart on Product - Market share 2022-2027 (%)
Exhibits 26: Data Table on Product - Market share 2022-2027 (%)
Exhibits 27: Chart on Comparison by Product
Exhibits 28: Data Table on Comparison by Product
Exhibits 29: Chart on Food and beverages - Market size and forecast 2022-2027 ($ billion)
Exhibits 30: Data Table on Food and beverages - Market size and forecast 2022-2027 ($ billion)
Exhibits 31: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
Exhibits 32: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)
Exhibits 33: Chart on Apparel and footwear - Market size and forecast 2022-2027 ($ billion)
Exhibits 34: Data Table on Apparel and footwear - Market size and forecast 2022-2027 ($ billion)
Exhibits 35: Chart on Apparel and footwear - Year-over-year growth 2022-2027 (%)
Exhibits 36: Data Table on Apparel and footwear - Year-over-year growth 2022-2027 (%)
Exhibits 37: Chart on Home improvement - Market size and forecast 2022-2027 ($ billion)
Exhibits 38: Data Table on Home improvement - Market size and forecast 2022-2027 ($ billion)
Exhibits 39: Chart on Home improvement - Year-over-year growth 2022-2027 (%)
Exhibits 40: Data Table on Home improvement - Year-over-year growth 2022-2027 (%)
Exhibits 41: Chart on Consumer electronics and appliances - Market size and forecast 2022-2027 ($ billion)
Exhibits 42: Data Table on Consumer electronics and appliances - Market size and forecast 2022-2027 ($ billion)
Exhibits 43: Chart on Consumer electronics and appliances - Year-over-year growth 2022-2027 (%)
Exhibits 44: Data Table on Consumer electronics and appliances - Year-over-year growth 2022-2027 (%)
Exhibits 45: Chart on Beauty and personal care - Market size and forecast 2022-2027 ($ billion)
Exhibits 46: Data Table on Beauty and personal care - Market size and forecast 2022-2027 ($ billion)
Exhibits 47: Chart on Beauty and personal care - Year-over-year growth 2022-2027 (%)
Exhibits 48: Data Table on Beauty and personal care - Year-over-year growth 2022-2027 (%)
Exhibits 49: Market opportunity by Product ($ billion)
Exhibits 50: Data Table on Market opportunity by Product ($ billion)
Exhibits 51: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibits 52: Data Table on Distribution Channel - Market share 2022-2027 (%)
Exhibits 53: Chart on Comparison by Distribution Channel
Exhibits 54: Data Table on Comparison by Distribution Channel
Exhibits 55: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibits 56: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibits 57: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibits 58: Data Table on Offline - Year-over-year growth 2022-2027 (%)
Exhibits 59: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibits 60: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibits 61: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibits 62: Data Table on Online - Year-over-year growth 2022-2027 (%)
Exhibits 63: Market opportunity by Distribution Channel ($ billion)
Exhibits 64: Data Table on Market opportunity by Distribution Channel ($ billion)
Exhibits 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 66: Impact of drivers and challenges in 2022 and 2027
Exhibits 67: Overview on Criticality of inputs and Factors of differentiation
Exhibits 68: Overview on factors of disruption
Exhibits 69: Impact of key risks on business
Exhibits 70: Vendors covered
Exhibits 71: Matrix on vendor position and classification
Exhibits 72: Alibaba Group Holding Ltd. - Overview
Exhibits 73: Alibaba Group Holding Ltd. - Business segments
Exhibits 74: Alibaba Group Holding Ltd. - Key offerings
Exhibits 75: Alibaba Group Holding Ltd. - Segment focus
Exhibits 76: Bailian Group - Overview
Exhibits 77: Bailian Group - Product / Service
Exhibits 78: Bailian Group - Key offerings
Exhibits 79: Beijing Dangdang Kewen Electronic Commerce Co. Ltd. - Overview
Exhibits 80: Beijing Dangdang Kewen Electronic Commerce Co. Ltd. - Product / Service
Exhibits 81: Beijing Dangdang Kewen Electronic Commerce Co. Ltd. - Key offerings
Exhibits 82: CK Hutchison Holdings Ltd. - Overview
Exhibits 83: CK Hutchison Holdings Ltd. - Business segments
Exhibits 84: CK Hutchison Holdings Ltd. - Key news
Exhibits 85: CK Hutchison Holdings Ltd. - Key offerings
Exhibits 86: CK Hutchison Holdings Ltd. - Segment focus
Exhibits 87: E Mart Co. Ltd. - Overview
Exhibits 88: E Mart Co. Ltd. - Product / Service
Exhibits 89: E Mart Co. Ltd. - Key offerings
Exhibits 90: GOME Retail Holdings Ltd. - Overview
Exhibits 91: GOME Retail Holdings Ltd. - Product / Service
Exhibits 92: GOME Retail Holdings Ltd. - Key offerings
Exhibits 93: JD.com Inc. - Overview
Exhibits 94: JD.com Inc. - Business segments
Exhibits 95: JD.com Inc. - Key news
Exhibits 96: JD.com Inc. - Key offerings
Exhibits 97: JD.com Inc. - Segment focus
Exhibits 98: Lotte Corp. - Overview
Exhibits 99: Lotte Corp. - Business segments
Exhibits 100: Lotte Corp. - Key offerings
Exhibits 101: Lotte Corp. - Segment focus
Exhibits 102: PetroChina Co. Ltd. - Overview
Exhibits 103: PetroChina Co. Ltd. - Business segments
Exhibits 104: PetroChina Co. Ltd. - Key offerings
Exhibits 105: PetroChina Co. Ltd. - Segment focus
Exhibits 106: Pinduoduo Inc. - Overview
Exhibits 107: Pinduoduo Inc. - Product / Service
Exhibits 108: Pinduoduo Inc. - Key offerings
Exhibits 109: Quanlian Industrial Co. Ltd. - Overview
Exhibits 110: Quanlian Industrial Co. Ltd. - Product / Service
Exhibits 111: Quanlian Industrial Co. Ltd. - Key offerings
Exhibits 112: Sun Art Retail Group Ltd. - Overview
Exhibits 113: Sun Art Retail Group Ltd. - Product / Service
Exhibits 114: Sun Art Retail Group Ltd. - Key offerings
Exhibits 115: Vipshop Holdings Ltd. - Overview
Exhibits 116: Vipshop Holdings Ltd. - Business segments
Exhibits 117: Vipshop Holdings Ltd. - Key offerings
Exhibits 118: Vipshop Holdings Ltd. - Segment focus
Exhibits 119: Walmart Inc. - Overview
Exhibits 120: Walmart Inc. - Business segments
Exhibits 121: Walmart Inc. - Key news
Exhibits 122: Walmart Inc. - Key offerings
Exhibits 123: Walmart Inc. - Segment focus
Exhibits 124: Yonghui Superstores Co. Ltd. - Overview
Exhibits 125: Yonghui Superstores Co. Ltd. - Product / Service
Exhibits 126: Yonghui Superstores Co. Ltd. - Key offerings
Exhibits 127: Inclusions checklist
Exhibits 128: Exclusions checklist
Exhibits 129: Currency conversion rates for US$
Exhibits 130: Research methodology
Exhibits 131: Validation techniques employed for market sizing
Exhibits 132: Information sources
Exhibits 133: List of abbreviations
Executive Summary
The publisher recognizes the following companies as the key players in the retail market in China: Alibaba Group Holding Ltd., Beijing Dangdang Kewen Electronic Commerce Co. Ltd., CK Hutchison Holdings Ltd., GOME Retail Holdings Ltd., JD.com Inc., Lotte Corp., PetroChina Co. Ltd., Sun Art Retail Group Ltd., Vipshop Holdings Ltd., Walmart Inc., Yonghui Superstores Co. Ltd., Quanlian Industrial Co. Ltd., President Chain Store Corp., Pinduoduo Inc., E Mart Co. Ltd., DFI Retail Group, China Resources Enterprise Ltd., Bailian Group, and Suning.com Co. Ltd.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is online and omnichannel trade.`
According to the report, one of the major drivers for this market is the premiumization of products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alibaba Group Holding Ltd.
- Beijing Dangdang Kewen Electronic Commerce Co. Ltd.
- CK Hutchison Holdings Ltd.
- GOME Retail Holdings Ltd.
- JD.com Inc.
- Lotte Corp.
- PetroChina Co. Ltd.
- Sun Art Retail Group Ltd.
- Vipshop Holdings Ltd.
- Walmart Inc.
- Yonghui Superstores Co. Ltd.
- Quanlian Industrial Co. Ltd.
- President Chain Store Corp.
- Pinduoduo Inc.
- E Mart Co. Ltd.
- DFI Retail Group
- China Resources Enterprise Ltd.
- Bailian Group
- Suning.com Co. Ltd.
