Monday, April 18, 2011

Convenience Stores in Shanghai

Most people live in Shanghai will realize that there are lots of convenience stores  there. And those convenience stores are bright, clean and well-stocked with daily necessities. Lots of Shanghai people think that modest person would ever need to shop in those convenience stores.
Those convenience stores they open 24 hours over the year. And we are very proud of having those stores around us. Because the city promise that every 500 metres you will see a convenience store. Lots of place you can see over 5 convenience stores in 20 minutes' walking distance.
However, in other Chinese cities convenience stores are very different from the one in Shanghai; however, in Beijing even there is no shortage of grocery stores and mini-markets most of them were dirty, dimly-lit and poorly organized. Sometime there even were lots of dented food. Plus most convenience store close early in the night.
The fact of success of those stores in Shanghai is not a trade secret, but the store hardware and the supply chain mechanism of these stores are familiar to many retailers. The most differentiation is one chain from another are in the areas of marketing and in-store service. How much you trade your customers how much you earn from them.
Thankful thoughts are very important in small business.



Metros in Shanghai

This is the resent Metro map of Shanghai. And the next picture is the Metro map for Shanghai in 2020.

As we all know that the development of public transportation represent the developing of the city. The more convenience the city is the more people will be willing to go there to develop it. In 2010 Shanghai hole the World EXPO, and our slogan was Better City, Better Life. I believe that is true that the city will run better if the government build it as better as they can.
There are now 11 lines of Metros in Shanghai. They reaches every conner of Shanghai. However, we are still in extending the lines till 2020 there will be 18 lines for the urban city.  
I love the Metros in Shanghai, and I hope you will love them too. 

Real Estate in Shanghai

Lots of people in Canada ask me about the real estate of Shanghai since I came here. Real estate in China is totally different from the one in Canada. 
In Shanghai, real estate is a developing industry. The price of real estate goes up every day. People in Canada could never imagine that how high the price in Shanghai now. 
In Canada when you buy a house you get both the land and the house forever. However, in China, when you buy a house you get one maximum 70 years time to use that house if you are lucky enough that you get a newly build house,yet the land belongs to the government.
Secondly, in Shanghai the real estate price is counting as per square metre. As I said the down town Shanghai is almost the same size of Toronto, and it is also separated into parts. There are 10 parts of areas, which combined the city. The central part of Shanghai real estate price of apartment goes for about RMB 40,000.00/m^2 and up, which is about $5,900.00/m^2. However, the minimum wage wage in Shanghai is RMB 1,200.00/month. Think about this, how many years can a two-people new family can buy a house for the future life? Even if they only go and buy a 30 m^2 one bedroom will be RMB 1,200,000.
Since the real estate price is that much high, there are few houses in downtown Shanghai. Most people live in high rises.  
This is the future of Shanghai. There will be no green grasses at all. High rises are everywhere in the city.
Even we can see the the price of real estate is that much high. People still do not rent apartment but trying to buy them.
Renting system in Shanghai is fairly poor. So anyone interested in building a renting system in Shanghai will be a great invest for the next 100 years.