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The Current Situation and Development Trend of the Retail Business After China's Entry into the WTO

Leng Zhi-ming

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Abstract

The retail trade is a field opened in an all - round way to the foreign capitals most quickly and at frist after China' s entry in-to the WTO. The widing open of gate and the entry of the foreign capitals, on one hand make the retail business of our country face the unprecedented pressure, have accelerated the process that the retail business of our country in line with intemational standards on the other hand. This text has analzsed the courrent situation of the retail business of our country and existing problem mainly. On this basis, it analyzed the development trend of the retail business in the following several years combining the environment of macroecono-my of entry into the WTO.

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What this paper is about

The retail trade is a field opened in an all - round way to the foreign capitals most quickly and at frist after China' s entry in-to the WTO. The widing open of gate and the entry of the foreign capitals, on one hand make the retail business of our country face the unprecedented pressure, have accelerated the process that the retail business of our country in line with intemational standards on the other hand. This text has analzsed the courrent situation of the retail business of our country and existing problem mainly. On this basis, it analyzed the development trend of the retail business in the following several years combining the environment of macroecono-my of entry into the WTO.

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Available abstract

The retail trade is a field opened in an all - round way to the foreign capitals most quickly and at frist after China' s entry in-to the WTO. The widing open of gate and the entry of the foreign capitals, on one hand make the retail business of our country face the unprecedented pressure, have accelerated the process that the retail business of our country in line with intemational standards on the other hand. This text has analzsed the courrent situation of the retail business of our country and existing problem mainly. On this basis, it analyzed the development trend of the retail business in the following several years combining the environment of macroecono-my of entry into the WTO.

Key concepts: China, Business, Retail trade, Commerce, Retail sales, Business environment, Industrial organization, International trade

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