`foot15.gif (279 bytes)   Wholesale Markets in Shanghai Page 1 of 5

There are bigger differences between the size, structure and operation of the wholesale markets in Beijing and Shanghai that I would have expected:

Shanghai

  • 32 wholesale markets, all medium size

  • Holdover of government-run markets

  • Not profit oriented

  • Government is main investor *

Beijing

  • 50 wholesale markets, of which 10 are major

  • Most restructured after 1985

  • Run a profit centers

  • Investors are private companies

*  23 wholesale markets in Shanghai are owned by the State Vegetable Corporation and Shanghai Municipal Financial Office.

In this chapter, we'll visit one of the wholesale markets in Shanghai that is solely controlled by the Shanghai Industrial and Commercial Bureau, a city government organ.

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