China - Domestic trade

Three types of retailers - circulation markets, peddlers and urban retailers - form the basis of traditional business structure. However, in the early 1950s, many state trading companies were established to handle items such as cereals, cotton, textiles, coal, building materials, metals, machinery, medicines and so on. These companies establish branches and retail outlets nationwide under the control of the Ministry of Commerce.

In the 1960s, the establishment of state department stores and joint retailers replaced private trade. After the domestic trade regulation was relaxed in 1978, the market was opened regularly and private traders reappeared. In addition, the government has gradually relaxed or eliminated many of the price control measures so far, and it is estimated that 90% of total retail sales are no longer under control.

In 2001, 50% of the labor force was engaged in agriculture, so it was virtually self-sufficient food production, but only 13% of the land cultivated. However, farmland and agriculture are still under the control of the state.

China export commodity exposition is usually held in Guangzhou every spring and autumn and has become an important point of contact between Westerners and China for over 20 years. Although initial introduction to various potential suppliers in China is still important, decentralization of trade activities in recent years greatly reduces the equitable role in mediating ongoing contact between producers and buyers Respectively. Local trade committees of various industrial centers in the country have played a more aggressive role in organizing many services related to trade fairs, and domestic enterprises with foreign trade rights are currently engaged in all trade promotion related You can join the activities directly. . Guangzhou is still hosting two annual trade fairs, but the scale is shrinking. In major cities, friendship stores and other restaurants, hotels, service stations and taxis specialize in serving foreign tourists, payments are settled with foreign currency coupons.

By the mid-1980s I was able to get cash advance payments for certain stores using international credit cards or purchase directly at the Friendship Store. Since 1998, internet commerce transactions have been held in China.

Alibaba is the industry-leading B2B e-commerce platform for online trading markets, the world's largest electronics market, and China's domestic trade. Alibaba members come from more than 220 countries and regions. This network has become a preferred network for global franchisees to sell products, expand and promote the market. Alibaba is headquartered in Hangzhou, a commercial city in eastern China. There are 16 sales and service centers in China, Hong Kong, USA, Europe. The company created a legend of e-commerce development in the history of China.

Alibaba Group is a large-scale technology influencer in China. "Alibaba Group Holdings Ltd. is an online and mobile commerce company that provides online and mobile markets for retail and wholesale trading, cloud computing and other services.The main business is Taobao, China's online shopping destination, Net market is Tmall.com, China's third-party brand and retail platform, Alibaba.com, Global Small Business wholesale platform, Alibaba cloud computing, cloud computing and data management platform developers, and Alipay, China's online and mobile Settlement solution "(Forbes)

Last year when I visited China I was very angry about the firewall and the protectionism and inconvenience it represents. However, China has provided domestic companies with protection for five to ten years to create competitive products for US companies by not choosing open trade. Emerging products WeChat, Baidu, Alibaba are leading domestic leaders and account for most of the value of American counterparts. And even if trade barriers go down, today 's American counterparts do not object to market position.