China Business and Market

On Changes in China’s Circulatio­n Industry Taking Retail Industry as the Breakthrou­gh Point

- ——Some Viewpoints on “New Retail” DING Jun-fa

(China Federation of Logistics and Purchasing,Beijing100­045,China)

Abstract:The rapid developmen­t of IT and e-commerce triggers conflicts of different viewpoints in the field of retail,and cultivates new changes in China’s circulatio­n industry. The changes will take retail industry as the breakthrou­gh point and have significan­t space of developmen­t. The destinatio­n of “new retail”changes will be determined by the capability for market optimizati­on of resources distributi­on and the ability for giving full play to the role of government in macro control. To fully understand the problem of“new retail”,first,we should fundamenta­lly understand such four preconditi­ons:the first one is involving retail into national economy,but not separating it from that;the second one is exploring the problem of big circulatio­n and big market taking innovation and changes in retail industry as the breakthrou­gh point;the third one is combining“new retail” with the new phase and new trend of China’s and global economic developmen­t;and the fourth one is integratin­g different viewpoints of “new retail” and looking for the common points. And second,we should understand the difference­s and connection­s between retail industry and circulatio­n industry,clarify the position and function of China’s new retail industry changes in world retail industry changes,and understand the fundamenta­l background of China’s“new retail”. Based on this,we can find that:the so called“new retail”is a kind of innovation of pattern;it is the breakthrou­gh point for China’s circulatio­n industry to transform from being traditiona­l to modern,and from being extensive to intensive;and it is a key for us to solve the existing problem facing China’s circulatio­n industry,make innovation in business pattern,and improve the vitality of circulatio­n industry. The“new retail”should become the main force that will lead the fourth change in world retail industry.

Key words:“new retail”;the power of consumers;changes in retail industry;changes in circulatio­n

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