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Chairman & Founder of Ji Hui Duo, Alan Clingman
FEBRUARY 13, 2020
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Ji Hui Duo -- How it works
FEBRUARY 20, 2020
THE OPPORTUNITY THE OPPORTUNITY
Lower tier cities and rural areas of China represent the world’s largest developing market with a population of over 550 million people. As an integral part of the world’s second biggest economy, lower tier regions of China follow the same trajectory to economic prosperity that the urban centers followed over the past 30 years. This lower tier market is growing 2-5 times faster than the upper tier market, with consumption and income pool growth projected to accelerate as rural-focused government programs are implemented. This has offered consumers in these regions greater prosperity, faster urbanization, and easy access to a wide assortment of new products.
RETAIL NETWORK RETAIL NETWORK
With almost 110,000 independent 5 provinces, our growing network is a valuable link to millions of consumers. These shops are the last mile to lower tier markets.