Beijing’s economy has dramatically increased during the past few decades, and it made a significant contribution to the GDP of China. The per capita disposable income of local citizens was 32,900 yuan in 2011, suggesting that people have more money to spend in market. Due to Beijing’s accession to the WTO and the 2008 Olympic Games, more opportunities are being brought into Beijing, leading to economic prosperity for the city. With our market research Beijing, we found out that whether in internet economy or retail or real estate, market conditions have significantly improved in all of Beijing’s industries.
E-Commerce in Beijing
As more and more people begin using the internet, internet economy has gradually improved. Consumers can now buy products efficiently with the help of the internet without leaving their home, a growing necessity for modern Chinese consumers. New mediums of sale and purchasing emerge, such as B2B, B2C, C2C, and even C2B. The word “e-commerce” is becoming an essential part of people’s lives as websites such as Taobao, Amazon, Dangdang, Vancl, Jingdong are growing in popularity. -commerce in Beijing contributes, a contribution to the prosperity of Beijing city’s economy. In addition, there are a lot of group-buying websites in Beijing, such as Mei Tuan, F Tuan, La Shou. They provide all kinds of information about eating and entertaining in Beijing. Due to Beijing’s well-developed transportation system, it provides enough information and helps the group-buying websites to grow bigger. On the contrary, in some small cities, the internet economy will not grow very rapidly due to their undeveloped logistics systems.
Foreign investment insights into our market research Beijing
In recent years, Beijing has made excellent progress in foreign investment. Many foreign companies realiz the potential of opening a branch in Beijing. The high population and income provide a good environment for retailers. As written in the market research Beijing, , Beijing sees more and more wal-mart stores open in the city. This market research Beijing shows that at the end of last year, Beijing had 25,672 foreign-funded enterprises, an annual increase of 3.3%. The retail market is very large, and as a result, more commercial streets are being built, such as Wangfujing Street which enriches people’s life and raises the retail economy to a higher level.
Market research Beijing: Education takeaways
More and more people born after the 80’s are having babies providing an opportunity for children’s education enterprises to grow. According to the market research Beijing, the number of newborn babies in Beijing is expected to exceed 200,000 at the end of this year, about 10% more than last year. Currently, kindergartens in Beijing cannot meet all the demand for children’s education in Beijing. This means that the kindergarten market is extremely large. With a growing requirement of bilingual education from Chinese parents, there is also a potential market for bilingual kindergartens.
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