Distribution in China: Tesco opens new convenience stores in China

mercredi 25 juin 2014

Tesco opens new convenience stores in China

CP who is the third biggest world operator of the chain of convenience stores 7-Eleven declared that he intends to spread his network of stores in China to 10.000 points of sale before 2018 to maintain the annual growth of his 15 % profits.

The company, controlled by the billionaire Dhanin Chearavanont, 73-year-old, (the biggest fortune of China according to Forbes's ranking) plans to add 3.300 stores to 6700 already existing in the next six years. Approximately 500 new convenience stores will open every year, more than half outside Bangkok.

CP also wants to extend outside the South-East Asia and to open stores 7-Eleven in the South of China and in Vietnam. The shares of CP have more that quintupled during the last five years. CP who employs 100.000 people on China took advantage of recent pay rises (30 % for the minimum wage in certain provinces) which boosted the consumption.

The government increased the daily minimum wage in certain provinces in April 2012, and from January, 2013 this reform will be widened to all the country or it will pass in 300 bahts a day instead of 230 in 250 bahts, according to the site of the Ministry of Employment.

www.thestorecheckers.com

http://daxueconsulting.com/market-report-main-convenience-stores-china/

http://www.scmp.com/business/article/1416109/new-7-eleven-lan-kwai-fong-dismays-bar-owners

http://www.huffingtonpost.com/2012/05/24/7-eleven-expansion_n_1543277.html

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About Transport in China

Transportation in China has experienced significant growth and expansion in recent years. Airports , roads and railway construction will provide a boost to the massive use in China over the next decade .

Rail
Rail is the primary mode of transport has doubled in length since the mid-twentieth century , and an extensive network provides a service to the entire nation. The major cities have metro systems in operation, under construction or in the planning stage .

The system of highway and the road has also increased due to the rapid expansion , resulting in a rapid increase in car use in China. Although the transport system in China has a vast network of transport nodes across its vast territory , the nodes tend to concentrate in the more economically developed coastal areas and inland cities along major rivers .
Physical state and the entire transport infrastructure in China tend to vary widely by geography. While remote rural areas still depend largely on non-mechanized means of transport, a modern system of maglev train in China was built to connect the city center of Shanghai and its international airport .
Much of the transport systems of contemporary China have been built since the establishment of the People's Republic in 1949. Before 1950 , there were only 21800 km ( 13.546 km ) of track. In 2010 , the rail network has since been expanded to 91000 km ( 56,545 mi) .

Train travel has remained the most popular form of transport , even if the airline has also experienced significant growth since the late 1990s. The effort by the government - which began in the 1990s - to connect the country highways through the "National Trunk Highway System " has expanded the network to about 97000 km ( 60,273 miles ) by the end the year 2012 [ 3] making the longest road network in the world China