In BJ week after next? You might want to catch this event, if only to see if what Xinhua has been saying holds true.
BJ has stuck firmly to the line that the downturn hasn't affected the franchising industry very much. This is the world's largest franchise convention. Attendance will say a lot. Spice 'n Slice hopes there will be people there polling the attendees.
Show addendance over the years tells the real China business story:
Last year there were over 400 booths and 22,000 visitors (down from 26,000 in 2007). The image bellow speaks to the real situation in China. Spice 'n Slice maintains that the real start of the economic downturn was in early 2005. Nearly every sector of the the food industry show a drop from 2005 to 2006. The numbers for this convention show it clearly..... One factor in the huge drop was governmental. In 2005 the central government increased taxes and tariffs products coming into the country that serviced franchises. We can't forget as well that the end of 2005 was the first big wave of "officially non-existent" inflation in the average cost of daily necessities.
Show Info
Show Hours |
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Admission Charge:
Normal Ticket:?? RMB 50
Online Pre-sale:? RMB30
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