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Article: Research and Markets: China Supermarket Industry Report Reveals - China Has Become the 5th Largest Consumption Market, Just behind the USA, Japan, Britain and Germany.
- Article from:
- Business Wire
- Article date:
- October 15, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/1db78c/china_supermarket) has announced the addition of the "China Supermarket Industry Report, 2009" report to their offering.
China's personal consumption value has exceeded US$890 billion, and China has become the 5th largest consumption market, just behind the USA, Japan, Britain and Germany. However, huge potential in China's consumption demand still desires to be fully released. The ratio of China's personal consumption value to GDP is only 36%, half of the USA figure and two thirds of the figures in Europe and Japan.
As the overseas consumption environment becomes more ...