Retailing, Franchising, and Consumerism Business Intelligence in China

retail



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Coolpad Eyes More Retail Spots In China

According to Su Feng, vice president of the Chinese mobile phone maker Coolpad, unlike its former high-end orientation, Coolpad will expand to now cover the entire high, medium, and low-end mobile phone markets in 2010.


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Qingdao Haier Net Profit Up 49.64% In 2009

Chinese electronics and home appliances maker Qingdao Haier has published its annual financial report for 2009, stating that its operating revenue increased by 8.46% year-on-year to CNY33 billion; while its net profit increased by 49.64%…


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China's Gome Posts 34.45% Rise In Profits For 2009

Chinese home appliances and electronics retailer Gome Electrical Appliance Holdings Limited has published its annual financial report for 2009, stating that its net profit increased by 34.45% year-on-year CNY1.048 billion to CNY1.409 billion; but its…






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China's Retail Sales Up 16.2% In October 2009

The National Bureau of Statistics of China has published major economic statistics for October 2009 and stated that China's retail sales increased by 16.2% year-on-year to CNY1.172 trillion.