subject: Zhang Jindong, Suning Said The Economic Downturn On The Expansion Plans - Two Sessions, Zhang [print this page] First in the Second Session of the CPPCC National Committee,
Suning
Zhang Jindong, chairman once again rise to attention. The CPPCC members have put forward the proposal last year's CPPCC session, proposed a "
Appliances to the countryside
"This year
Home Appliances
The countryside has become reality. Zhang Jindong, then again turned their attention to "long vacation", the proposed restoration of 51 holiday. March 8, Zhang Jindong, received during the two media interviews, he explained in detail several proposals of the reason, and revealed that the Suning Appliance [15.87-3.70%] will be a strong expansion during the economic downturn on the blueprint.
On the economic situation in 2009
I was asked was not because of poor economic situation only made back the Golden Week, I think the cancellation of the Golden Week for the Chinese economy more harm than good. This is not a simple business data from the start but by the cancellation of the Golden Week on people living habits, consumption habits and the impact, of course, now States expand domestic demand and maintain growth, economic development together to overcome difficulties, especially today GDP Paul 8 goals, I think, all aspects should be working towards this objective. Golden Week, the restoration of our country will be made expanding domestic demand, growth of great help.
Now reported that February data may be clear of deflation, but not fully explain the trend this year, because there are many factors to consider, such as Chinese New Year last year in February, the Spring Festival in January this year, is not the same, So we have another look. It was suggested to wait until June or the second half to see the data, I think it makes sense.
In home appliances to the countryside this one, wants the state to appliances to the countryside, very important as a means of stimulating domestic demand. Flexible subsidies and implemented. Peasant incomes below the national average in areas such subsidies can be increased to 15-18%; and average gap between the small, according to 13% of the subsidies; much higher than average, such as coastal areas, such subsidies can be reduced to 10%. Provide subsidies to less developed areas to 18% in developed regions dropped to 10%.
To enter Hong Kong on the Suning Appliance
Our original entry into Hong Kong in 2010, is now one year in advance to enter, in general, and now into the Hong Kong market is our best chance, regardless of internal and external, are now the best chance to enter Hong Kong are all a matter of course.
We have entered our site and research, and arrange staff training, we hope to open up the second half of this year, the earliest the second half, some procedures such as business procedures, have completed the. Su Ning Hong Kong in the future, some important positions may be a presence from the headquarters, but mainly locally recruited staff training.
To Hong Kong's development as the development of the country from Nanjing Suning, China is also part of international, Suning to the world is from the business development needs and national industry needs, is essential. The problem is how to effectively enter these markets, continuous learning summary, Hong Kong is an international convergence of the bridge and link, but also a bridgehead. We hope to enter Hong Kong on the international market to have some understanding for our future truly entered the international market to make a preliminary groundwork.
Specific number of shop do not settle down, but I think, should not be less than 10 stores. This need to research the situation further understand and summarize the situation after the shop.
Now go to Hong Kong shop on the site should be easier, because the Hong Kong market has broken down, and as real estate agents have been very perfect.
Shop on the contrarian
2008 decreased efficiency of single store, which is causing the economic situation, nor is my family problems. Months of this year the economic situation is really not a person I can see through, and everyone is studying. From our part, to prepare for it, ready for the worst, the unfavorable factors should be taken into account. Grasp the good opportunity for us is that these two points.
Now changing raw materials, production costs have changed, including the financial barriers to entry, such as the cost of our rental shop, there were huge changes, but also our great opportunity. To open 200 stores this year, we maintain the speed, also based on this market
