Commerce and Logistics

Wholesale and retail sales and catering companies in the Chinese capital generated 27.13 billion yuan in added value in 2003, 7.8 percent more than in 2002. By the end of 2003, Beijing had 100 retail stores with more than 10,000 square metres of workspace in operation. The total space occupied by retail operations was 214,000 sqare metres, including 63 large bazaars, 26 large comprehensive supermarkets, 9 special supermarkets and 2 storage supermarkets.

Chain companies yielded 46.3 billion yuan in retail sales in 2003, which accounted for 24.16 percent of the city's consumer consumption. By the end of 2003, 25 foreign-funded retail enterprises had been approved by the Beijing Municipal Government, 21 had begun operations, and 50 stores were being planned.