Top 10 hotspots of Chinese business in 2018 released by China Chamber of Commerce

On January 26, 2018, the "Top Ten Hotspots of Business in China in 2018", hosted by the China Chamber of Commerce, organized by the Expert Committee of the China Chamber of Commerce and the Li & Fung Research Center of the Hong Kong Fung Group, was released at the Kerry Center in Beijing
.

The review report "Top Ten Hotspots in China's Business" is an annual brand project of the China Chamber of Commerce, which has been released for fifteen consecutive years
.
On October 11 and November 9, 2017, more than 20 experts from the review team held two seminars in Beijing respectively.
Based on the opinions of more than 160 expert committee members, the "Top Ten Hotspots of China's Business in 2018" was finally determined.
"
.
The Li & Fung Research Center produced the "2018 Top 10 Chinese Business Hotspots in English Reports" based on the commentary reports written by experts, and released them to Hong Kong and overseas media and business people at the same time
.

The ten hotspots of Chinese business in 2018 are:
Hotspot 1: The spirit of the 19th National Congress of the Communist Party of China leads the circulation industry from large to strong, meets the needs of the people for a better life, and achieves innovative development
.

Focusing on achieving the two centenary goals, meeting the people's growing needs for a better life in the new era, and building a trade powerhouse, a series of changes and adjustments will be made to domestic trade flows starting in 2018
.
From focusing on scale and speed to quality first and benefit first; industry development has formed a pattern of eastern, central and western coordination, urban and rural coordination, and integrated online and offline development; industry construction has achieved intensive and refined development; network layout and distribution infrastructure construction It must be more scientific and reasonable; the profit method has changed from the role of commercial "second landlord" to the commodity distribution system; improving the quality of the circulation supply system focuses on meeting different levels of consumption needs, adapting to consumption upgrades, cultivating new growth points, and forming new kinetic energy; residents' life services Consumption continues to grow rapidly; the way to promote the development of the industry is to change from striving for individual support policies and implementing key projects in stages to attaching importance to system construction and building a law-based business environment
.

Hotspot 2: The fundamental role of consumption in economic growth is further consolidated, and it is still the primary contributor to future economic growth
It is predicted that the GDP will grow by about 6.
7% in 2018, and the total retail sales of consumer goods will increase by about 10.
1%
.
The impact of residents' consumption upgrade will be further expanded.
The consumption of tourism, sports, culture, entertainment, health, and elderly care will continue to maintain rapid growth.
The retail industry and catering industry will also continue to grow steadily.
, pension and other industries to integrate and achieve integrated development, thereby driving the consumption of commodities, catering and various life service industries
.

Hotspot 3: Commercial innovations are rising one after another, and “new retail” exploration hotspots are frequent
.

New retail is a generalization of business innovation in today's era, and its essence is to use new technologies and new models to better meet customer needs
.
On the one hand, large-scale e-commerce cross-border operations looking for offline partners is the catalyst for the emergence of many new retail forms
.
On the other hand, traditional retail enterprises that have been seeking transformation and upgrading in recent years can join the new retail industry by introducing new technologies and models
.
In 2018, business innovation, including "new retail", is still a topic that is generally valued by the industry, but only by thinking deeply about how to provide customers with better products and better services, and grasping the retail industry's guiding production and satisfying consumption.
core functions to enable business innovation to bring benefits to consumers
.

Hotspot 4: Artificial intelligence has spawned new retail formats, and smart business models have become a blue ocean of business
.

Since 2017, the application of artificial intelligence technology in the retail industry has spawned many new business forms, and smart business has been developing rapidly; at the same time, artificial intelligence technology can optimize customer experience and make the entire shopping process more intelligent; while commercial enterprises use The powerful data collection and analysis capabilities of artificial intelligence can accurately predict the impact of different factors on inventory, so as to more effectively improve inventory and better control costs
.
In 2018, China's retail industry will see more new formats spawned by artificial intelligence technology; at the same time, more and more companies will continue to explore and use such new technologies, combined with the development of digital technology, to find new directions for industrial upgrading and consumption upgrading.
Inject more new power into commercial activities and further promote the modernization of the circulation industry
.

Hotspot 5: The development of convenience stores has entered the fast lane, and the regionally dispersed market will enter a period of intelligent retail integration
.

The continuous growth of the domestic economy, the rise of the main consumers of the younger generation of convenience stores and changes in consumption habits, and the policy support for community commercial convenience facilities have all given convenience stores the conditions for a strong "take-off"
.
Convenience stores have a large market space in China and may usher in a golden development period in the next three to five years
.
Experts believe that many layouts and trends in the field of unmanned convenience store intelligence will actually be implemented, and the convenience store market may truly feel the power of change and reconstruction
.
At the same time, convenience stores will seek answers to cost reduction and efficiency improvement in the cross-border of various "convenience stores +"
.

Hotspot 6: Commercial enterprises lead the new trend of supply chain integration, and precisely match demand to facilitate supply-side structural reform
.

Since 2017, the use of supply chain integration to drive profitable innovation has been a major feature of the transformation and development of distribution companies.
This process has shown the huge potential of distribution to guide production and achieve more accurate matching of demand
.
In 2018, supply chain integration will open a new stage of rapid detection of consumption dynamics with circulation informatization, visualization, and data-driven realization of more reasonable capacity allocation
.
With the strengthening of the leading role of circulation in the supply chain, the rapid identification and more accurate matching of consumer demand will also be more effectively guaranteed, so that the role of circulation in guiding production will be brought into full play at a higher level
.

Hotspot 7: E-commerce targeted poverty alleviation has achieved remarkable results, and the rural market has become a new highland for e-commerce development
.

Under the guidance of the government, Alibaba, JD.
com, China Post, China Supply and Marketing and other enterprises have launched rural e-commerce layouts, and their investment has continued to increase, and rural e-commerce has ushered in a development boom
.
The Internet gene makes e-commerce an effective tool for targeted poverty alleviation.
E-commerce poverty alleviation combines industrial products to the countryside and agricultural products to the city, and has a long-term mechanism for poor households to get rid of poverty
.
In 2018, with the upgrading of consumption, people's requirements for quality and quality have increased, which has brought strong demand guidance and a huge market for rural e-commerce
.
The cold chain logistics, intelligent warehousing, traceability system and other fields supporting agricultural product e-commerce will also be greatly developed, and promote the continuous upgrading and improvement of the entire rural e-commerce service system, and finally form a brand new rural e-commerce ecosystem.

.

Hotspot 8: The demand and supply of the life service industry have doubled, and the growth rate of operating income has exceeded that of commodity consumption
.

China's residents' living service consumption has grown rapidly, service supply has become increasingly abundant, service methods have been continuously innovated, and service quality has been steadily improved.
However, there are still a series of problems such as insufficient total volume, poor structure, low quality, and excessive burden
.
In 2018, the relevant departments will promote the work of the domestic service industry across the country, and actively explore measures to support other life service industries.
For example, the development of the characteristic catering industry can attract a large number of jobs and effectively help the poor; promote mass catering and green catering.

.

Hot spot 9: The physical retail industry is showing signs of recovery, and innovation and transformation have a long way to go
.

The recovery of brick-and-mortar retail in 2017 is still partial and structural
.
It is often those retail entities that focus on consumers, strive to innovate, are good at product selection, scientifically and rationally combine business formats, and actively use various offline and online resources to improve service levels and expand service space.
Retail entities continue to linger at the bottom, and may even end up being helpless in the future
.

Entering 2018, the retail industry will usher in a larger wave of changes and innovations.
More and more new types of business complexes are born in line with consumption upgrades and based on unbounded retail, which will make the overall recovery trend of the brick-and-mortar retail industry.
more obvious
.

Hotspot 10: The digitalization process promotes the transformation and upgrading of agricultural product wholesale markets, and electronic settlement improves efficiency and enables information traceability
.

In 2017, the digital transformation process of the domestic agricultural product wholesale market accelerated.
With the big data platform, the supply chain can be reconstructed, which in turn helps wholesalers integrate national and even international resources, so that the entire industrial chain can form a virtuous circle.
At the same time, the promotion of electronic settlement is also It has become a major focus of the transformation of the agricultural product wholesale market
.
In the past two years, policies to support the agricultural product wholesale market have been introduced intensively.
"Internet + agricultural approval" has become the focus of policy support.
The agricultural product wholesale market is ushering in a new round of transformation and upgrading, and digital information transformation and integration has become the transformation of the wholesale market.
The perfect choice for upgrading
.
Top 10 business hotspots in China in 2018