CHINA Beijing to introduce more convenience stores

CHINA

Beijing to introduce more convenience stores

Xinhua

14:46, August 27, 2019

BEIJING, Aug. 27 (Xinhua) -- Beijing has released a three-year action plan to support the construction of more convenience stores, with the total number of chain convenience stores in the city to reach 6,400 by 2021.

According to the plan jointly issued by the Beijing Municipal Commerce Bureau and other municipal government departments, every 10,000 Beijing residents will be served by three chain convenience stores in 2021.

More convenience stores will be built around the city's schools, subway stations, parks, hospitals and high-tech parks.

Beijing will also work to ensure every community in the city will have access to convenience services including retail, breakfast stores, hairdressing, house maintenance and housekeeping services.

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In 2018, the sales volume of the country's top 100 convenience-store firms rose 21.1 percent. (Photo: VCG)

Convenience stores saw the fastest growth among all business models of chain stores in China, according to the China Chain Store & Franchise Association (CCFA).

In 2018, the sales volume of the country's top 100 convenience-store firms rose 21.1 percent, with an 18-percent increase in their store numbers, the CCFA data reported. 

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