{"id":34874,"date":"2005-11-08T23:03:05","date_gmt":"2005-11-08T15:03:05","guid":{"rendered":"http:\/\/www.chinahospitalitynews.com\/2005\/11\/08\/catering-business-top-choice-for-chinese-franchisees\/"},"modified":"2005-11-08T23:03:05","modified_gmt":"2005-11-08T15:03:05","slug":"catering-business-top-choice-for-chinese-franchisees","status":"publish","type":"post","link":"https:\/\/www.chinahospitalitynews.com\/cn\/2005\/11\/08\/34874\/","title":{"rendered":"Catering Business Top Choice For Chinese Franchisees"},"content":{"rendered":"<p><img decoding=\"async\" height=\"73\" src=\"http:\/\/www.chinahospitalitynews.com\/images\/051108-chinese-chef.gif\" width=\"73\" align=\"right\">The catering industry is top choice for Chinese franchisees with 36% of the respondents in a recent China Franchise survey targeting the sector.<\/p>\n<p><!--more--><\/p>\n<p>The laundering service sector follows with 29%.<\/p>\n<p>Sales from franchised businesses in China are expected to make up 30% of the country's total retail sales in 2010, Shanghai Daily reports.<\/p>\n<p>Currently these sales only account for about 1%, so the increase will be very dramatic.<\/p>\n<p>The projection was made by eMedia Asia at the fair which ends at ShanghaiMart today.<\/p>\n<p>Sales of franchise businesses in China totaled US$24.8 billion last year. That is 0.037% of the country's retail sales of RMB5.4 trillion, according to China Chain Store and Franchise Association. The country's retail sales were projected to reach more than RMB10 trillion in 2010.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The catering industry is top choice for Chinese franchisees with 36% of the respondents in a recent China Franchise survey targeting the sector.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12723],"tags":[],"class_list":["post-34874","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/34874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/comments?post=34874"}],"version-history":[{"count":0,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/34874\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/media?parent=34874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/categories?post=34874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/tags?post=34874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}