Business Services Industry
CHINA: ECONOMIST SEES GROWING SUCCESS FOR WHOLESALE BUSINESS AS RESULT OF WTO ENTRY.(World Trade Organization)(Brief Article)
IPR Strategic Business Information Database, May, 2000
According to "Shanghai Daily", China's wholesale business will be able to meet the huge demands placed on it after China's expected entry into World Trade Organization (WTO), said Huang Hai, chief economist of Internal Trade Bureau. The domestic wholesale market has never found a good way to develop since its opening to the outside in the mid-1980s.
Since 1996, the loss of wholesale business has grown, resulting in a batch of enterprises that almost went bankrupt.
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