China is becoming a world leading consumer market, which was forecasted by retail giants a decade ago. With inferior investment conditions, these retail giants entered China before its joining WTO.
The trade value of e-commerce was CNY 10.82 trillion with an increase of 26.8% and online retail sales value was CNY 1.85 trillion with an increase of 41.2% in China in 2013, ranking the first in the world superior to the U.S.A. It was estimated to exceed CNY 12 trillion with an increase of 20% and online retail sales value was estimated to exceed CNY 2 trillion with an increase of over 30% in 2014. The total retail sales value of social consumer goods was CNY 30.0931 trillion with an increase of 14.68% and the actual increase was 10.70% regardless of prices in 2015 compared to that of last year.
The growing resident income is a stimulus of consumption in China. Meanwhile, groups born after 1980 and 1990 transfer from non-mainstream to mainstream consumption groups. In addition, changes emerge in terms of consumer structure, purchasing channels and consumption habits. The market of the elderly expands with the growing aging degree in China. The population aged over 65 years old is expected to reach 240 million by 2020 in China, which is also a potential retail market in the future. Meanwhile, the Internet retail industry will also develop rapidly.
This report analyzes the development status, trend, format, operation situation and development strategies of foreign and domestic enterprises together with investment risks and opportunities as well as aversion suggestions of the retail industry in China. This report provides valuable reference mainly concerning the status and investment opportunities in the retail industry in China.
Key Topics Covered:
1 Overview of China Retail Industry, 2011-2016
2 Analysis on Retail Market in China, 2011-2016
3 Analysis on Development of Key Regions in Retail Industry in China, 2011-2016
4 Analysis on Major Foreign-owned Retail Enterprises in China, 2011-2016
5 Analysis on Key Domestic Retail Enterprises in China, 2013-2016
6 Analysis on Operation Costs of Retail Industry in China, 2013-2016
7 Prediction on Development of Retail Industry in China, 2017-2021
- Bailian Group Co., Ltd.
- Dashang Group Co., Ltd.
- Lotus Market
For more information about this report visit http://www.researchandmarkets.com/research/ncngqt/research_report
Related Topics: Retail
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/china-retail-market-and-investment-report-2011-2016--2017-2021---research-and-markets-300326107.html
SOURCE Research and Markets