CHONGQING (CQNEWS) -- According to news released by Li Qian, the vice director of Chongqing Foreign Trade and Economic Relations Commission, on November 4th, 2013, with the competition of settled American chain enterprises, the service ability of local enterprises can be improved.

“There are two ways of settlement. One of them is to open a shop by themselves, just like KFC and Mcdonald’s; the other one is to cooperate with local enterprises, just like 7-11 Stores which are to be opened soon,” Li said, “Both of them will bring competition to local enterprises.”

How to deal with the competition? Li suggested that the local enterprises can pay more attention to the following four aspects: product innovation, global horizon, strong finance support and smooth procurement, logistics, sales net or channels. (Translated by Li Li, Fathom Language Limited)