Emerging Markets
China’s Hot New Markets
This U.S. Commercial Service Market Brief spotlights more than a dozen emerging urban centers with populations of more than one million. Barry Friedman, Minister Counselor of Commercial Affairs in Beijing, helps American exporters better understand the latest developments in the China marketplace.
Quote from Barry Friedman: “I have been speaking to a lot of companies around the country and letting them know where the markets of the future are going to be in China
They are going to what are known as emerging urban centers, also known as secondary cities. It is hard to call these “secondary cities” because they have eight to ten million people in them. These cities outside the major centers and are located away from the coast in the interior, very large urban cities that are now having the buying power and industrial development that we have seen throughout the other parts of the country, this is where Americans should be looking at and if they want to be in business with China in five years this is where they should be looking.”
See the video here source www.export.gov
30 Jan 2008 Joe
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