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Global First Ranking of Trade Promotion Index Released
2008-06-25 08:28
  From:MOFCOM Qingdao Office    Article type:Reproduced



World Economic Forum (WEF) recently released the first copy of Convenience Stores Market-Worldwide (2008). Among the rankings of trade promotion index of 118 global economic bodies, China ranked the 48th while Hong Kong topped the list, closely followed by Singapore. Other 10 topping countries were respectively Sweden, Norway, Canada, Denmark, Finland, Germany, Switzerland and New Zealand. Japan ranked the 13th, and US 14th due to problems such as some trade barrier caused by safety measures of anti-terrorism. India, Brazil and Russia, three of BRICs, respectively ranked the 70th and 80th while Russia came last, even among the European countries. The index consisting of such 4 aspects as market access, boundary management, traffic and transport installation and business environment was concluded on the basis of the analysis of the open data and questionnaires released to global industrialists. In addition, China needs improving in such spheres as supervision and security contexts, increase of foreign direct investment and opening up of markets to foreign airlines. However, China ranked the 17th in the quantity and quality of transport and communication facilities, far cutting edge over other major developing countries.

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