2007Unpublished venueRequires access

Influence of Opening of Retail Industry to Outside on China's Economic Development

Bin Jian-chen

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Abstract

Since 2004 China's retail industry has been open to foreign-funded enterprises. It is good to increase competitiveness of China's retail enterprises and develop China's service industry. On the other hand, China's retail enterprises will face severe challenges after foreign retail enterprises enter China's market. We should create a fair market environment and strengthen competitive edges of domestic enterprises for their survival and development.

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What this paper is about

Since 2004 China's retail industry has been open to foreign-funded enterprises. It is good to increase competitiveness of China's retail enterprises and develop China's service industry. On the other hand, China's retail enterprises will face severe challenges after foreign retail enterprises enter China's market. We should create a fair market environment and strengthen competitive edges of domestic enterprises for their survival and development.

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Available abstract

Since 2004 China's retail industry has been open to foreign-funded enterprises. It is good to increase competitiveness of China's retail enterprises and develop China's service industry. On the other hand, China's retail enterprises will face severe challenges after foreign retail enterprises enter China's market. We should create a fair market environment and strengthen competitive edges of domestic enterprises for their survival and development.

Key concepts: China, Business, Retail industry, Face (sociological concept), Commerce, Service (business), Marketing, Geography

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