Category: Consumer

Two leading Chinese retailers have created a third company, Dashang International, to better compete in China's retail market which opened to foreign enterprises last December. Shanghai Brilliance, China's leading chain with 2004 sales of RMB114.7 bn (US$14bn), has partnered with the Dashang Group, China's second biggest retailer with 2004 sales of 23.1bn (US$2.8 bn) to […]

China's beer production rose 15.2% between 2003 and 2004 to 29.1 million metric tons, maintaining its status as the world's top beer producer, state media reported. While China has 400 breweries, ten of them produced more than half of the total volume last year, according to an industry association. Average per person consumption of beer […]

In yet another effort to narrow the income gap between its rural and urban residents, China plans to create a nationwide chain of 250,000 superstores over the next three years to stimulate greater consumption and impose commerce infrastructure in the rural areas, state media reported.

Ownership of pet dogs is soaring in China, spawning a market in care and accessories that could be worth as much as US$725m by 2008, state media reported. According to the Xinhua news agency China's population of pet dogs stands at about 150m, or one for every nine Chinese. Citing a report from the National […]