Category Archives: Retail Industry

Personal 3D Printer first landed in China: Cube 3D Printer open for sale online in China

Jingdong Mall recently brought an exclusive debut of a 3D printer in China. Reporters on Jingdong Mall found this Cube personal 3D printer which is imported from United State. The color options which include blue and pink make it look very fashionable. The machine overall size is 26 * 26 * 34 (cm), almost a small oven, one can print items not exceeding than the maximum size which is 14 × 14 × 14 (cm). And it is priced at 14,999 yuan (US$ 2,400).

The price of gasoline and diesel to be reduced slightly tomorrow

Development and Reform Commission decided to lower oil price of gasoline and diesel tomorrow; gasoline price will be reduced by 95 yuan per ton, and diesel price is down by 90 yuan per ton. Thus accordingly that price of a liter of gasoline will fall by 0.07 yuan, and diesel price will be reduced by 0.08 yuan per liter.

Chinese aunties devoured 300 tons of gold in 10 days

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On April 26, the international price of gold hit its biggest one-day gain for the year, the New York gold futures prices on Thursday (local time) closed up 2.7% at $ 1,462 / oz. Analysts pointed out that two weeks before, the record decline led to booming of the gold market, investors’ enthusiasm was detonated in particular among the Chinese consumers. Industry analysis estimated that within 10 days, investors in mainland China swallowed 300 tons physical gold, accounting for about 10% of the world’s annual gold production! Gold stocks in the domestic gold jewelry industry in China has bottomed out, restoring the normal stock for distribution will need 600 tons of gold.

Steady growth in Guangdong consumer market in Jan and Feb 2013

In January and February 2013, Guangdong realized a total retail sales of 403.537 billion yuan (USD 64.57 billion), an increase of 10.0% year on year, but the growth rate was decreased slightly by 0.4 percentage points; In February retail sales reached 198.846 billion yuan (USD 31.82 billion), an increase of 9.1%. The main features of the consumer market are:

Gome to build 50 super stores in first-tier cities

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Gome and Microsoft recently signed a memorandum of cooperation to promote genuine software in China, during the conference Gome pledged to build additional 400 Microsoft products flagship experience zone in its networks. At the same time Gome also released its 3C strategy in 2013.