Foreign retailers face curbs on expansion plans

September 02, 2006 | BY

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New rules currently under review by the State Council on large-scale shopping outlets could impede expansion plans by foreign retailers such as Wal-Mart…

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New rules currently under review by the State Council on large-scale shopping outlets could impede expansion plans by foreign retailers such as Wal-Mart and Carrefour.

Under the draft rules, big retailers will be required to file detailed blueprints of their commercial plans, including plans for department stores, big supermarkets and other retail outlets in residential areas. Public hearings on the impact on the communities will be required for retailers applying to build outlets larger than 10,000m2. The hearings would include a panel of regulators, industrial associations, academics, competitors and representatives of local residents.