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Weihai 9R Food to open Korean goods market across China

2015/9/16 15:17:01   source:sdchina.com

  The interview delegation arrived at 9R Food.

  Snacks from South Korea are the favorite of the Chinese people.

  Managers of Weihai 9R Food Import and Export Co., Ltd have mulled over how to take advantage of the China-South Korea FTA to realize their company’s transformation and upgrading since the negotiation of the China-South Korea FTA. With successful registration of Shandong Jiulizheng South Korean Commodity Factory Shop Management Co., Ltd, 9R Food has become a comprehensive supermarket of South Korean commodities including food, articles of daily use, electronic products and cleaning products.

  On September 16, the interview delegation visited 9R Food Group. As the formal signing of the China-South Korea FTA, 9R Food has expanded its scope of business from the single Korean food to a variety of Korean commodities. Two Jiulizheng South Korean Commodity Factory Shops have officially opened, one in the west waiting hall of Qingdao High-speed Railway Station and the other in Weifang Comprehensive Free Trade Zone. The 10000-square-meter flagship store of Jiulizheng South Korean Commodity Factory Shop will be located in Weihai Wego Plaza and is still in the preparatory stage

  Jiulizheng South Korean Commodity Factory Shop aims to set up branches across China. Currently, the shops in Jinan, Yuncheng of Shanxi province and Zhejiang province are being prepared and will soon be in operation.

  The sales of 9R Food exceed 300 million yuan in 2014, among which the online sales amount to 80 million yuan. Benefiting from the e-commerce, 9R Food plans to set up their own e-commerce base. With a total investment of 0.12 billion yuan, the e-commerce distribution base will cover an area of 67 mu with an office space of over 50 thousand square meters.

  The distribution base will assemble all the Weihai-based e-businesses engaged in Korean commodity trade. The e-businesses in Weihai, after the completion of the base, will develop in group making use of the e-commerce platforms such as Tmall, JD and yhd.com. “We will build a new e-commerce trading platform and operation team after a phase of operation”, said Zhang Xiangzhi.

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