Design of Institutional Arrangements for Competition and Development in China's Retail Industry (A New Perspective After Joining the WTO)

Author: Hu Zuguang et al.
Publisher:
Publish Date: 2006-06-01
Features: This book is a specialized monograph focusing on how to promote fair competition and further development of China's retail industry in the context of joining the WTO. It discusses the role of the retail industry in the national economy, analyzes the mechanisms of retail internationalization, reviews the process of opening up the retail industry, evaluates the various controversies surrounding its opening, studies the institutional frameworks of retail industry opening in other countries, provides a detailed analysis of the competitive landscape and its causes among different retail formats, assesses the market performance of retail industry opening, predicts the trends of retail industry development, and proposes institutional designs to promote further retail industry development in the "post-WTO" era.
China's retail industry has achieved significant progress in its modernization drive, but the process of retail modernization has not stopped and should not stop. A comprehensive review of the development of China's retail industry over the past two decades, an objective analysis of the driving and hindering factors in the industry, a full assessment of the positive and negative impacts of foreign-invested retail enterprises on China's retail industry development, drawing on the successful experiences of other developing countries in attracting foreign investment to develop the retail industry, and designing institutional frameworks to protect fair competition in the retail industry for both the present and future—these tasks hold significant practical implications for promoting the further development of China's retail industry. These are the main objectives of this book.