To succeed in this endeavor, it is most important that we act out four key principles:
To increase market potential and enhance its market position in the country, Ferrero, whose products include Ferrero Rocher for premium gifting and Kinder, a snack food brand especially designed for children, has made digital transformation one of its strategic priorities in order to adapt to China's rapidly developing digital economy.
To solve this problem, the government put great effort into building and enhancing a trade system integrating online and offline channels. With the assistance of e-commerce, all the products weresold out by the end of April and the income of rural residents increased.
To solve these problems, GEIDCO plans to put intercontinental grids in place in each continent by 2050. Before that, it aims to set up a countrywide super-grids across the world by 2020.
To have a workout buddy exercising together helps people train harder and reap better results. [Photo provided to China Daily]
To meet the growing demand, Hsu Fu Chi enhanced the healthy function in its core products. For example, it added vitamin C into candies and lactic acid bacteria into chocolates. It also cut the amount of sugar and oil in cakes. The changes increased customer satisfaction.
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To that end, a complete industrial cluster featuring pioneering industrial changes and core technologies should come into full swing in Lingang, Zhao added.
To help the country's most disadvantaged groups, annual bazaars are organized by the foreign ministry, attracting the participation of hundreds of foreign enterprises and embassies.
To harness such a trend, Amorepacific has recently introduced its skincare brand Primera targeting mass market via Alibaba's Tmall site, with the aim of both riding the online wave and meeting the pursuit for natural ingredients in cosmetics, Kao noted.
To recruit professional visitors nationwide to the second expo, especially those from small- and medium-sized private companies, the CIIE Bureau and China's regional commerce departments have been co-hosting a series of road shows in major cities since late May.