Business Intelligence on Retailing, Franchising, and Consumerism in China

SEF To Set Up Taiwanese Boutiques In Mainland Department Stores

According to a report in Taiwanese local media, Gao Konglian, secretary general and vice chairman of the board of directors for the Straits Exchange Foundation, said that to assist Taiwanese businessmen to enter into the Chinese mainland market, the Straits Exchange Foundation planned to cooperate with Taiwan-based department stores which run business on the mainland to set up Taiwan boutique areas.

The report said Kong had been to Shenzhen and Dongguan to learn about the operating situation of Taiwan businesses in these cities. He said most of the Taiwanese businesses there said the cross-strait direct transport agreement brought convenience to their companies' distribution and supply chain management.

They hope Taiwan and the mainland could sign a memorandum as soon as possible to allow Taiwanese banks to enter the mainland market, which could make it easier for Taiwanese companies to gain financial support for the development of their businesses.

Reacting to these hopes, Kong said the Straits Exchange Foundation was planning to cooperate with Taiwanese retailers who had been successful in penetrating the Chinese mainland, including RT-Mart and Pacific Department Store, to promote Taiwan-made boutique products to mainland consumers.

Be the first to comment on "SEF To Set Up Taiwanese Boutiques In Mainland Department Stores"

Leave a comment

Your email address will not be published.


  Other China News

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco