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German-Chinese Bureau of Economic Research (GCB) | Ten Highlights of China’s Commercial Sector 2018

Publisher: Fung Business Intelligence Centre, China General Chamber of Commerce

Publication Date: 01/2018

Pages: 60

Categories: Industry Sectors

PDF: Download

“In recent years, the Chinese government has been actively rolling out ‘Internet Plus Agriculture’ strategies to facilitate the circulation of agriculture products nationwide, encouraging innovation and advanced technologies across traditional agricultural wholesale markets. Our experts believe that following the ‘Internet Plus Agriculture’ principle, digitalization will come to the fore among these wholesalers, along with accelerated transformation and upgrading in the sector.

That said, the sector still faces challenges amid the transformation process. Problems like new markets being opened without due regard to viability, a disrupted market order and unfair market competition have arisen in some areas that lack government guidance and supervision. Our experts urge the government to accelerate the relevant legislative process to ensure development plans for facilitating agricultural produce distribution can be fully and properly implemented. This is key to creating a fair and orderly market environment for development of the sector.”

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