Foreign Wholesale And Retail Sales Slowed Down In Beijing In The First Half Of The Year

2009 suffer financial crisis The impact of foreign investment on wholesale and retail investment in Beijing has fallen into recession, but in 2010 Rise again Trend. However, the number and size of new retail and wholesale enterprises have dropped again this year. Data show that foreign investment in the first half year Enterprise registration 133 households, a year-on-year decrease of 10.13%, total investment of 134 million 190 thousand US dollars, registered capital of 89 million 980 thousand USD, and foreign party's authorized contribution amount of US $75 million 490 thousand, representing a decrease of 53.08%, 44.8% and 52.35% respectively.

Editor's comment: for the reasons for the slow pace of new foreign-funded stores, China's increasing access threshold for retail industry has become the key factor due to the rising land prices. and Hypermarket Usually located in the urban area with high traffic volume, the establishment of a hypermarket in China requires a large amount of capital to invest in real estate and infrastructure construction. In addition, there have been reports recently that foreign retailers, represented by WAL-MART and IKEA, have abandoned their ten year rental store strategy because of the rapid rise in rents, instead of buying land in China to expand the storefront.