2019 is set to be a year of change and challenge for businesses. Global economic uncertainties driven in part by ongoing China-U.S. trade tension will continue to exert downward pressure on the Chinese economy. New consumer behaviors and technological advances have and will continue to disrupt the market landscape. Profound transformation is expected in the commercial sector to accommodate the new competitive environment. Meanwhile, the Chinese government's eagerness to encourage domestic consumption and expand imports will open up new opportunities for local and foreign enterprises. This makes doing business an enormous challenge, while providing abundant opportunities for foreign investors.
Fung Business Intelligence published the 16th anniversary edition of the "Ten Highlights of China's Commercial Sector 2019" with the Secretariat of the Expert Committee of the China General Chamber of Commerce in January 2019. The Ten Highlights were identified after a series of votes and formal, in-depth panel discussions by a group of over 160 top-tier experts in China. The focus is on the top ten commercial issues and trends taking place in the country to provide a comprehensive overview of China's commercial landscape.
The market competition of China is fierce and rapidly changing. In order to help members understand China's latest commercial development in 2019 for strategic investment planning, the Chamber has invited Ms. Teresa Lam, Vice President and Ms. Renne Chan, Research Manager from Fung Business Intelligence Centre , to dissect the "Ten Highlights of China's Commercial Sector 2019" for members.