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Hhhhhhhhhhhhhhhhhh Essay

  • Submitted by: Ahmed211prince
  • on April 17, 2015
  • Category: English
  • Length: 687 words

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Below is an essay on "Hhhhhhhhhhhhhhhhhh" from Anti Essays, your source for research papers, essays, and term paper examples.

system and scale and its basic shape of the consumer market and supply market with
boundless vigour and vitality, among which, with the strong momentum of the
development of Western-style fast food, McDonald's and Kentucky Fried Chicken fast
food had led the Chinese market. In contrast, the Chinese fast food business had to
further improve their competitiveness. According to a Ministry of Commerce research
the fast-food market share in Guangdong province was as high as 90%, while the
share thereof in the relatively developed coastal provinces such as Jiangsu,
Shanghai, Liaoning, Beijing, Zhejiang and Shandong was more than 50%. (Xiao,
2005)
In addition, Chinese fast food industry had also made a rapid development as a result
of strong market demand and attractive business profits. In early November 2006, the
fast-food restaurant from Guangdong province, Real Kung Fu (Beijing New World)
Global Chinese Dining Chain Store, officially opened a store in the capital city, which
was the sixth store in Beijing of this fast food chain enterprise that previously focused
on the southern market. Mr. Cai Dabiao, president of the Real Kung Fu, announced
that ”Real Kung Fu would open 35 stores in Beijing in 2008 and have up to 1,000
stores across the country in 2010.” The development of Chinese fast food enterprises
is rapid as these example show. The country's macroeconomic policy also promotes
the rapid development of Chinese fast food. Premier Wen Jiabao signed in February
2007 the State Council Order No. 485, which announced that the Administration of
Commercial Franchise Ordinance should come into force on May 1, 2007, when the
concession retail enterprises, especially fast food enterprises, would face a major
reshuffle. Franchisee operations would become the mainstream model of the fast
food industry and its development prospects would be better. (Xiao 2005)
With the booming Chinese economy, when the fast-food market demand is further
increased,...

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  • Submitted by: Ahmed211prince
  • on April 17, 2015
  • Category: English
  • Length: 687 words
  • Views: 55
  • Popularity Rank: 26864
  • 1 rating(s)

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