Retailing, Franchising, and Consumerism Business Intelligence in China

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China's Retail Sales Up 22% In October 2008

According to statistics from China's National Bureau of Statistics, the country's total retail sales of consumer goods reached CNY1.008 trillion in October 2008, a year-on-year increase of 22.0%.



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Wal-Mart To Open New Store In Zhengzhou

Located in Zhongyuan District, the Wal-Mart shopping plaza will cover 86 acres and the construction area is about 180,000 square meters. A total investment of CNY1.2 billion will be put in this project and the…