Jane Chen/ Shanghai Daily News
More than 1,000 exhibitors from home and abroad will throng to Shanghai for
the 13th China Consumer Fair, which will start tomorrow at the Shanghai
Exhibition Hall and the Shanghai Everbright Convention & Exhibition Center,
the Shanghai Morning Post reported.
The 30,000-square-meter venue will
showcase consumer products in six sections, including franchise businesses, home
utensils, anti-bacteric products, electric home appliances and
foodstuff.
Participants at the fair involve supermarkets, convenience stores,
specialty stores, restaurants, beauty salons, real estate brokers and education
consulting firms.
This year more than 60 licensed brands from nine countries
and regions as well as 100 authorized brands from America, Australia, Japan and
South Korea, will debut, the first time that overseas brands have made local
appearances at the annual event.
This indicates a growing competition in
China's retail consumer market, as more overseas companies are expected to enter
the country by the end of this year, industry analysts noted.
According to
China's entry agreement to World Trade Organization, China will fully open its
consumer market to overseas firms by December 11, they said.
It is predicted
that one year after opening up, overseas retailers will control 30 percent of
China's consumer market, triple the existing 10 percent.