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Chartered Business Boom in China
Many leading chartered business enterprises in China have lately been attracted to the Second China Chartered Business Exhibition Fair being held in Beijing. With more than 100 booths from 60 companies in the exhibition hall, the fair gives a full scene representing China's chartered business developing on a new stage.
China's chartered business has expanded from food and beverage to auto, real estate, fashion, education and other industries. Many enterprises have enlarged their business by introducing chartered business. Typical is Baiyuan Auto Service Company. Through joining hands in developing chain business with American third largest petroleum company Valvoline it has set up 80 auto maintenance stores in China.
Quanjude, China's famous roast duck company, being the earliest to explore chartered business in China, has upgraded its traditional business operation to standardized management and has more than 60 chain stores in the country.
China Chain Business Association hosts the exhibition fair now on. Head of the Association said that China will strengthen its law construction and promote a more mature, large-scale chain system for developing chartered business in various fields.
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