FOCUS: China franchise market

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China Market Final Thoughts. The Bottom Line Many signs indicate that franchising will become easier in China over the next few years. China’s rapidly growing, sophisticated, affluent consumer base has a desire for imported brands that offer convenience, quality and service. Finding Key Regulations a partner on in Franchising China does in involve Franchise effort Registration: but there are more China: potential partners than before and this number will According to the Regulation, a continue to grow. Business risks are mitigated with the increase Currently, the key regulations on franchisor must, within 15 days in the number of foreign brands and the tightening of business franchising in China include: the after signing a franchise regulations Regulation on ensuring Administration better practice. of agreement The basic for economics, the first franchised size of Commercial the consumer Franchises market and recent location trends, in provide China, file great an country (Regulation), potential. the Administrative application with the appropriate Measures for the Registration of commercial authority in the MOC It Commercial is our opinion Franchises that China’s franchise to register market its will franchise. show very The healthy (Registration growth Measures), and all franchisors and the registration must view requirement it as a challenging is an but Administrative primary target Measures for international for administrative expansion. measure to Information Disclosure of regulate franchise activities, and To Commercial conclude: Franchise Trends and (Disclosure the economy also provides display all potential the outward signals Measures). that The the Regulation Chinese market was and franchisees consumers with are public ready access for to new promulgated imported by franchises. the State Council, more information regarding the while both of the Measures were franchisor and its business. issued by the Ministry of Although the failure to register Franchise Meets reckons: 8.5/10. Commerce (MOC). does not impact the effectiveness of the franchise agreement, a franchisor that fails to timely file the franchise registration could face a fine.
Franchise Sectors Overview. Although franchises cover over 70 industries the top 3 sectors are: Retail Catering Services In addition to our other articles about China, the market is especially appealing to new brands because of the development of consumers-they are a lot more open to new experiences and are becoming sophisticated and knowledgeable. This represents a broad range of opportunity for new foreign franchisors to entice these quickly evolving consumers. An experienced franchise consultant should be able to highlight key franchise sectors and trends and smoothly steer you through the franchise process! According to the China chain store & franchise association survey, sectors that receive widespread attention from franchise enterprises and franchisees include: Children’s education and training. Online shopping. Economy hotel. Convenience store. Car rental. Domestic service. Products for babies. Hotpot cuisine. Drinks for leisure time.
Page 1 and 2: Franchisemeets.com Think Life. Thin
Page 3 and 4: China Market Overview of the Market
Page 5 and 6: China Market Finding a China Partne
Page 7: China Market Franchise Law. In conn
Page 11 and 12: Location, Location Where to open yo

FOCUS: China franchise market

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