Indian Consumption And Local Chain(I)

In India, there are so many people buying fruits and related daily appliances in the supermarket. By this time let us analyze how local chain have cracked the Indian consumers.

In most parts of the world, if you want to see many people on Sunday, you have to go to church or football field. In Thane, a suburb of Mumbai, you have to go to a chain supermarket called DMart to see the crowds gathering on the Sabbath. Hundreds of people crowded around the aisles of big stores asking for prices. Bags of sugar, lentils and rice were taken off the low shelves by the boss, and people carrying ladders squeezed out of the crowd, climbing up the shelves by ladders to get a new box to replenish the goods. Several air conditioners on the walls are trying to alleviate the heat.Click Here For More.


Large supermarkets are rare in India, accounting for only 2% of food sales; most people shop in open markets or local small shops. Dmart gives many Indians the feeling of shopping in a big store for the first time. Shekhar Raman, who works in a bank, said, Click Here For More. “The price is low, the quality is good,” and joined the long queue with full bags of waiting for the rickshaw.


Even with 163 stores, DMart is branding itself in less than half of India’s states. In the six months to the end of September, the company’s revenue reached 94 billion rupees ($1.3 billion), an increase of 33% over the same period last year. DMart earns four times as much per store as its competitors, partly because of its crowded floor space.

How to Promote the Cooperation of Culture Industry and Financial (II)

Experts pointed out that the intangible assets assessment system of China’s cultural industry is not mature enough. The existing market lacks a unified standard and circulation platform for evaluating intangible assets. Accounting standards are in a fuzzy zone for the confirmation of intangible assets. At the same time, financial institutions are still subject to the traditional risk culture constraints. Most banks adhere to the financing concept of ”heavy mortgage” and ”heavy financial statements”, and have insufficient experience in judging the ability of Wenchuang enterprises to undertake loans.Click Here For More.

“China’s cultural industry is still in a state of urgent need for funds, especially in the case of small and medium-sized cultural enterprises that are difficult to finance and expensive to finance.” Gu Liangfei said. An Qingsong believes that at present, China’s cultural industry products and services are not innovative enough, high-quality cultural products and services have not been fully developed, the entire industrial chain layout is still not perfect, and professional capabilities in content production, industrial services, technical equipment and other fields need to be improved. In addition, the cultural industry has the characteristics of high investment, long payback period, and difficulty in assessing intangible assets, which leads to a large risk of investment in cultural industries, which indirectly leads to financing difficulties. ”In general, in the subdivided trade structure of the cultural industry, cultural enterprises with good business models and growth are still a minority. Some industries have overheated investment and high valuation of the industry, which narrows the future development space.” An Qingsong said that the changes in the production mode and business model of the cultural industry will also bring new challenges to the innovation and development of the financial support cultural industry.

Zhou Yanli, the former vice chairman of the China Insurance Regulatory Commission, said that most of China’s cultural enterprises are small in scale with less tangible assets, more intangible assets, insufficient collateral collateral, and unclear profit models. This also restricts the rapid growth of cultural enterprises and hinders culture. The prosperity of the industry.

Promoting blood circulation to accelerate the new development

The development and prosperity of the cultural industry cannot be separated from the financial irrigation. Then, how should we better play the role of finance in promoting the cultural industry in the future? Experts pointed out that the development of cultural finance is a systematic project involving the maturity of the external environment such as institutions and trading platforms, as well as the actual development of the cultural industry itself and the supply of products at the financial side. This is a gradual process that cannot be accomplished overnight. In this process, we must follow the laws governing the development of the cultural industry and target the issues. Gu Liangfei said that the cultural industry is a comprehensive industry that integrates the first two or three industries in the national economy. Financial assistance to the cultural industry to achieve profound changes and leap-forward development requires the opening of the “blood vein” of cultural finance and the formation of government, cultural enterprises and research institutions.

How can Commercial Banks Support the Development of Small and Micro Businesses(III)

Suggestions on ways to strengthen commercial banks and carry out financial services for small and micro enterprises:

(1) Designing financial products for financing small and micro enterprises. The two biggest problems in financing small and micro enterprises are the lack of fixed assets for mortgages. Secondly, there is no perfect business credit system, leading to the lack of credit assessment. Faced with these high-risk financing groups of small and micro enterprises, commercial banks should conduct in-depth enterprise research first, and analyze the enterprise’s objective and reasonable analysis, and then combine the characteristics of the company’s own business development to meet the funding needs of different small and micro enterprises. Small and micro enterprises in all walks of life have their own unique corporate structure. Commercial banks can tailor a set of solutions for each small and micro enterprise to adapt to their long-term development. Only based on the long-term development of small and micro enterprises can they be designed, targeted and differentiated more distinctive financial services products.

(2) Establish and improve the credit risk management system. For the high-risk problem of small and micro enterprises, the first thing for commercial banks to do is to establish a risk warning mechanism, which will set up the first line of defense for future default risks. The risk warning mechanism helps commercial banks to detect and deal with risk events early, and eliminate high-risk risk factors. Once the business situation changes significantly or faces huge financial problems, the risk warning mechanism can play its biggest role to ensure that the risk of commercial banks is reduced to a lower level. Whether it is for small and micro enterprises or for commercial banks, it is an important means to prevent, control and deal with risk events.

In addition, it is imperative to improve the corporate credit system. Enterprise credit and assessment is an important basis for commercial banks to provide convenient and efficient financial services for small and micro enterprises. Once the credit status and evaluation results of enterprises are lacking, commercial banks must conduct additional research and evaluation. As a result, the cost of commercial banks has increased significantly, which has also hindered the efficiency of financing. Once a well-established corporate credit mechanism is in place, the cost of commercial bank loans will be greatly reduced, and the efficiency and convenience of financial services will be significantly improved. The biggest effect is that the improvement of the credit system will greatly reduce the incidence of default risk events.

(3) Small and micro enterprises strengthen the process of financial standardization and scientific management. Small and micro enterprises must adhere to the long-term development needs of their own enterprises, and must adhere to the direction of corporate financial regulation and transparency. At the same time, the management of enterprises should be more scientific and development. Only the development of business more regulate, the manage will become better and better, the risk of breaking a contract will reduce largely, thus the commercial banks will provide more financial support for themselves.

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The Guests of Honor that Attend the First CIIE(II)

Germany – Looking forward to further deepening economic and trade cooperation

As a European economic power and trading country, Germany leads the world in machinery manufacturing, chemical medicine, and automobile industries. “Made in Germany” has long been a brand symbol of deep roots.

At the first China International Import Expo, Germany will be exhibiting as a guest country and entrusting the German Chamber of Commerce and Industry representing more than 3.6 million German companies as a recruitment agency. During the exhibition, the enthusiasm of German companies was very high. More than 170 German companies participated in the exhibition, with an exhibition area of 31,000 square meters, accounting for one-third of the total area of European companies. Among the German companies participating in the exhibition, there are many fortune 500 companies such as Daimler, BMW, Volkswagen, Bosch, Siemens and Bayer. In terms of industry, the German exhibiting industry covers the high-end equipment industry of smart machines, medical equipment and medical care, automobiles, food and agricultural products, consumer electronics and home appliances, integrated services, logistics, tourism and entrepreneurial design industries. Among them, the intelligent and high-end equipment industry participated in the most active exhibitions with more than 60 exhibitors.

German Economics Asia-Pacific Committee spokesman Strak told the Economic Daily-China Economic Net reporter that the German economic community welcomed Germany as the host country of the Expo. He believes that the Expo is an important signal that the Chinese government firmly supports globalization and market opening, and is also an important measure to show the open image of China’s economy in the special period of rising global trade friction. The German economic community is highly expected to further open up the Chinese market and is eager to continue to accelerate the implementation of a series of market opening policies to benefit more foreign companies.

The German Chamber of Commerce and Industry East Asian market expert Konig said that the German Chamber of Commerce and Industry will be the German exhibition organization, signed a memorandum of understanding with the Chinese Ministry of Commerce as early as January this year, and actively participated in the exhibition. Koenig also said that China is currently in a transition period toward the development of an innovative economic model. Germany’s enterprises with advantages hope to further deepen cooperation with Chinese partners in this regard and overcome obstacles in cooperation, and jointly develop the huge potential of China’s market.

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Financial System(I)

The financial system is the basic framework for the flow of funds in an economy. It is a combination of financial factors (financial assets), market participants (intermediaries) and trading methods (markets), and Activities have a strong externality and to a certain extent, can be public goods.

Therefore, the government’s regulatory framework is also an inseparable part of the financial system.

In reality, countries around the world have different financial systems, and it is difficult to apply a relatively unified model for generalization. One is Germany, several big banks play a dominant role, the financial market is very unimportant; the other extreme is the United States, the financial market plays a big role, and the concentration of banks is very small. Between these two extremes, other countries, such as Japan and France, have traditionally been banking-based systems, but in recent years, financial markets have developed rapidly and become more and more important; the financial markets of Canada and the United Kingdom are more developed than Germany. However, the banking sector is more concentrated than the United States. Countries around the world have different financial systems.

In a general sense, a financial system consists of several interrelated components, these are:

Firstly, the financial sector (Financial Sector, various financial institutions, markets, which provide financial services to the non-financial sector of the economy);

Secondly, Financing Patten and Corporate Governance (Financing Patten and Corporate Governance, Residents, Businesses, Government Financing Behaviors and Fundamental Financing Tools; Organizational Framework for Coordinating the Interests of Company Participants);

Thirdly, the Regulation System.

The financial system is not a simple addition of these parts, but an adaptation and coordination.

Therefore, the difference between different financial systems is not only the difference between their components, but also the difference in their mutual relationship.


Due to the large differences in financial systems in different countries, many studies believe that there are different financial systems. One is a market-oriented financial system represented by the United States, and the other is a bank-led financial system represented by France and Germany.

In the United States, the proportion of bank assets to GDP is 53%, only one-third of Germany; on the contrary, the US stock market value of GDP is 82%, about three times higher than Germany. Therefore, the financial system of the United States and the United Kingdom is often referred to as ”market-led”, while Germany, France, and Japan are referred to as ”bank-based system”.

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The Current Business Situation in China

After more than 30 years of reform and opening up, the development of China’s business has achieved remarkable results. This achievement is inseparable from the people who devote themselves to the country’s development. These achievements have not only took efforts for the consumers, and at the same time, efforts are made in this process to be strong or to develop and strengthen our own business enterprises. We also received some results. As far as the current economic development is concerned, the further development of China’s economic development is still ideal.

We can see from the current situation of national economic development that China’s commercial development is currently facing a very good macroeconomic background. Everyone knows that China’ macroeconomic development has been in a state of continuous, stable and rapid development. By 2007, we have maintained an annual growth rate of 8% to 10% for five consecutive years. We have grown from a total GDP of 13 trillion yuan in 2003 to totally 24.7 trillion yuan in 2007. This scale is that we have a certain production capacity and production quantity. We have achieved self-sufficiency in a considerable number of areas, and this ability is that we can fully provide the necessary daily necessities and production supplies to the market.

Our pursuit of continuous improvement in living standards and further expansion of reproduction have been achieved. The macro background of China’s economic environment also shows that the rapid development of the economy over the years has continuously improved the living standards of us.

In China, due to the increase in the cost of labor and the changes in the prices of other basic commodities, the business environment in the commercial sector has also emerged a series of issues, so we need to seriously consider and think about this problem. These are a series of factors and situations that must be faced in the next stage of development of China’s commercial retail and supermarket sectors. We need to do serious research. Under such a big background, it is very necessary for us to seriously consider the current development of China’s business. We have seen that after a few years of hard work, the development of our business is very nice indeed. It is our consistent goal to realize the further development of China’s business and to fully cooperate with the sustained and stable development of China’s economy.

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