Regional Department Stores Enter The Boom Period

In November 11th, sponsored by the China Textile newspaper and clothing times, the 2011 China Department Store Development Summit supported by the China Federation of Commerce and the China Textile chamber of Commerce was held in Donghai County, Lianyungang, Jiangsu.

He Jihai, President of the former China Federation of Commerce, Wang Yao, vice president of the China Federation of Commerce, Tong Zhiqi, President of China Textile newspaper, clothing times, vice president Peng Guifu of China Textile chamber of Commerce, and leaders of Lianyungang and Donghai County attended the meeting.

Entering the year 2011, the opening year of the 12th Five-Year plan, China's economy is changing from an external demand to an internal demand. Under the background of speeding up economic restructuring and accelerating the transformation of development mode, China's department store industry has entered a new golden period of development, and is facing great opportunities for innovation, optimization and upgrading. How to seize the opportunity and get rid of the financial crisis? department stores In order to win the win-win situation of commercial real estate and department stores, the prosperity of regional department stores has become the main topic of the forum.

Department stores and commercial real estate are twin brothers, closely linked and interdependent. The steady income of commercial real estate makes enterprises very advantageous in property rights control and mortgage financing, and the huge cash flow generated by department stores has gathered popularity for commercial real estate. Therefore, the marriage between general merchandise and commercial real estate is imperative. In addition, with the saturation of department stores in the first tier cities, the department stores also realized that the potential of market growth has spread to two or three cities and will become the next 10 years. Exploiting the market Emphasis.

The forum is fully supported by Yuanzhou Real Estate Development Co., Ltd. The day of the forum coincided with the foundation of Lianyungang Donghai Yuanzhou city square, and the fifth quarter was signed. According to Wu Kai, chairman of the fifth quarter International Limited company, the fifth quarter International Limited company is a group of trans regional and diversified businesses, including commercial real estate development, commodity circulation, Internet and financial investment. The company entered the mainland market in 2004. Its total location is in Hangzhou. The total registered capital of foreign capital exceeds 200 million yuan, and the total registered capital of domestic capital exceeds RMB 300 million yuan. In October 2010, it was listed on NASDAQ and entered the international capital market. Currently, it has 7 wholly foreign-owned enterprises and two domestic holding groups and 31 wholly owned subsidiaries under the jurisdiction of Beijing, Shanghai, Guangzhou, Chongqing, Wuhan, Shenyang, Chengdu, Xi'an, Zhengzhou, Kunming and so on.

According to Zhang Zhenggan, deputy county magistrate of Donghai County, Donghai County is the first county in Western bridgehead of the new Eurasian Continental Bridge and the famous "Crystal Capital". It is one of the first coastal open counties in the country, and one of the top 100 rural counties in the country. Its urban economic development is good, the overall consumption capacity has been significantly improved, and the market prospects are promising. The fifth quarter of Hangzhou Department store The Cci Capital Ltd is stationed in Yuanzhou city square, becoming the first department store in Donghai County, Lianyungang, which will lead the fashion consumption experience in the East China Sea.