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Chain stores have been developing rapidly in China during the past few years and taking hold of ever-increasing retail(零售)market
Chain stores have been developing rapidly in China during the past few years and taking hold of ever-increasing retail(零售)market
admin
2016-02-01
45
问题
Chain stores have been developing rapidly in China during the past few years and taking hold of ever-increasing retail(零售)market share, an official survey indicates. The State Economic and Trade Commission(SETC)survey shows that the annual sales volume of China’s 20 biggest chains leapt last year by 43 percent and the number of their retail stores rose by 46.7 percent, while sales for the whole retail market grew by 10.1 percent. Shanghai Lian Hua Supermarket Company holds the top position with 14.06 billion yuan(US $ 1.7 billion)in sales and 1,225 retail stores.
The statistics indicate that the biggest stores are swallowing more market share, leaving little development space for medium and small stores, said analysts(分析家). Analysts also note that almost all the giant chains have their headquarters in East China, but they are likely to explore western regions in the near future. With China’s entrance into the World Trade Organization, its market is attracting overseas retailers too. The country is committed to opening gradually its retail business, and as a result, more chain stores from outside China will have a share of the pie. Successful domestic retailers are preparing to battle for market share. Shops like Hua Lian and Guo Mei, a giant home appliance distributor in Beijing, have announced ambitious plans for development.
Which of the following statements is TRUE according to the passage?
选项
A、The biggest stores are enjoying most of the market share.
B、A number of chain stores have started to explore western areas.
C、Medium and small stores don’t have any space for development
D、China will allow more foreign investor to invest in its retail business.
答案
D
解析
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