教学课件 《商务英语口译》董晓波.ppt

Retail Giants Increase Presence in China World retail giants are busy increasing their presence in China, with the optimistic view of a better investment environment after the country enters the World Trade Organization (WTO). US based Wal-mart, the worlds No.1 retailer, announced in Shanghai recently that it will open eight more chain stores in China next year. Wal-mart opened its first store in Shenzhen in 1996 and became one of the first overseas retailers permitted to establish joint ventures in this country. To date, its investment in China has surpassed 900 million yuan (US$108.4 million) and its annual purchase of goods from China has reached US$10 billion. Carrefour, a well-known French retailer now operating 26 stores in 14 Chinese cities, is considering opening 10 more in Shanghai. German Metro, a transnational chain-store dealer with eight shops in such Chinese cities as Shanghai, Qingdao and Fuzhou, has also pledged to expand its Chinese market by opening 10 new shops a year in the future. China began to open its commercial sector to overseas investment in 1992. With the step-up of Chinas entry into the WTO, the country is quickening its pace in opening up the commercial market. According to official figures, overseas investment still only accounts for 2.5 percent of all retail sales in China. (Xinhua 11/02/2000) Carrefour Expands Business in China French retailing giant Carrefourhas signed an agreement with the Guangzhou General Merchandise Group of south Chinas Guangdong province to start up a new joint venture. 　　It is the third joint venture Carrefour has launched in China this year. The French retail firm also set up supermarket joint ventures in Kunming, capital of southwest Chinas Yunnan province,and in Harbin, capital of northernmost Heilongjiang province, earlier in the year. Sources from Guangzhou General Merchandise Group say that underthe agreement, Carrefour will control 65 percent of the stake in the new joint