China: Growing U.S. Export Opportunities in Lanzhou’s HRI and Retail Sectors

  |   Attaché Report (GAIN)

Lanzhou is a rising second-tier city in Northwest China that is now increasingly able to provide U.S. food and agricultural exporters opportunities in the retail and hotel, restaurant and institutional (HRI) sectors. Retail sales of consumer goods increased 7.6 percent to reach $21 billion in 2017. Due to the fierce competition in major east coastal cities, national retailers are expected to turn their attention west to second-tier cities, such as Lanzhou. The HRI sector is also growing, led by domestic tourism and the robust mining and energy sectors in the region. By the end of 2019, new construction is expected to double the number of five-star hotels in Lanzhou. This report discusses retail and HRI developments, and potential market entry strategies for U.S. exporters to expand their reach into Lanzhou and Northwest China.

China: Growing U.S. Export Opportunities in Lanzhou’s HRI and Retail Sectors

 

Related Reports

Attaché Report (GAIN)

Mexico: Livestock and Products Annual

Animal protein supplies remain tight in Mexico. Post forecasts beef production to grow to 2.19 million metric tons (MMT) carcass weight equivalent (CWE) in 2022, up 3.3 percent from 2021.
Ecuador: Ecuadorian Government Lowers Tariffs for 43 Agricultural Products On July 9th, 2021, Ecuador’s Foreign Trade Committee issued Resolution No. 009 – 2021, lowering tariffs on 667 products, including 43 agricultural products. This resolution will come into effect on October 1st, 2021 and will be permanent.
On July 28, 2021, the State Administration for Market Regulation (SAMR) published a notice soliciting comments on "Further Regulating the Labeling and Marking of Infant and Young Children Formula Milk Powder Products (Draft for Solicitation of...