Sweden’s Tetra Pak Faces Tough Competition in China

Competition in China’s bacteria-free paper-packing market has become more intense, with the consumption upgrade driving a rapid change in the market and the rise of domestic players. Sweden-based paper packing giant TetraPak used to hold about 90 percent of the bacteria-free paper packing market in China, and now its market share is decreasing to about

Beijing’s Chaoshifa Supermarket Chain Signs Cooperation Agreement with Japan’s Lawson

Retail veteran Chaoshifa Market has been given a new lease of life. The Beijing-based supermarket chain caters for middle-aged and senior citizen customers, and has been operating in local communities since 1997. But this month the group opened three, small outlets in Beijing with the Japanese convenience store franchise, Lawson China Holdings Inc, in a

Beijing Sanyuan Foods and Fosun Close to Purchasing France’s St Hubert

Fosun International, the Chinese insurance-to-tourism conglomerate, and Beijing Sanyuan Foods are close to a joint deal to buy French margarine and health food maker St Hubert from Montagu Private Equity, according to a joint statement from the two Chinese firms…Full Article: South China Morning Post July 2017 Key Points The Chinese acquisition of St Hubert,

Alibaba’s Hema Fresh Stores Expand into Beijing

The concept of “New Retail,” which was created by Jack Ma Yun, Alibaba Group Holding’s founder and chairman, in late October, is gaining momentum in the domestic markets. Hema Xiansheng, Alibaba’s newly founded online-to-offline platform, is putting the novel retail business model into practice, an effort experts say is changing China’s traditional retail sector. Despite

Beijing Invests In New Wholesale Produce Market

Beijing has invested four billion yuan ($588 million) to build a new wholesale produce market in its southeastern suburbs. The new market will complement Xinfadi, the capital’s largest produce market, located in southern Beijing…Full Article: China Daily July 2017 Key Point Beijing’s Xinfadi wholesale market supplies 70% of the city’s vegetables. ChinaAg Comments In February

Representatives of Spanish Winery That Markets Changyu’s Noble Dragon Wine in Spain to Visit China

Representatives of Spain’s Marques del Atrio winery will start a week-long visit to China on July 5, the winery confirmed on Tuesday. The main reason for the visit is for the wine producer, from “La Rioja” wine district in Spain, to hold a series of meetings with their Chinese partner Changyu Pioneer Wine to help

Tianjin Customs Seizes Smuggled Beverages Illegally Imported from the USA, Mexico, Russia, and the EU

Tianjin Customs in north China announced on Wednesday [5 July 2017] that it has smashed a smuggling case involving some 5 million liters of wine, beers and mineral water. It was estimated that the drinks involved were worth nearly 500 million yuan(about 74 million U.S. dollars)…Full Article: Xinhua July 2017 Key Point Tianjin Customs agents