Outlook: Chinese market for the fast food industry for 2011
Dated: 17 April 2008
China has experienced over two decades of high economic growth, which has been stimulated by the consecutive increases of industrial output, consumer consumption and capital investment, says Research and Markets’ new Chinese Markets for Fast Food 2007 report..
China’s GDP has been growing at 11% per annum. National industrial output has been advancing at 10.3% annually and will continue to sustain a strong growth into the next decade.
The fast-growing middle class is creating an enormous consumer society. As the fastest-growing economy in the world, the emerging market has attracted the attention of investors and corporations around the world for the last two decades.
To deepen the reform of state-owned enterprises is a long-term task and needs great efforts. The reform of state-owned economy has witnessed rapid changes in both economic and social aspects.
The introduction of foreign advanced technology and capitals will continue to be favoured by the Chinese government and business community.
New ways will be adopted to utilize foreign investment, including mergers, acquisition, and investment funds and securities investment.
The report says China will continue to improve its investment environment in the areas of legal system, intellectual property protection, foreign trade and investment regulation, infrastructure and financial system.
China is the second largest foreign investment recipient after the US in the world today.
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