Meo, doesn't make sense? How much more good news can you stand?
GL also has a relationship with China Development Bank, which happens to be the most profitable bank in China and the second most profitable bank in Asia. http://en.wikipedia.org/wiki/China_Development_Bank
GL has been granted preferential policies and bank loans blessed by the government via China Development Bank.
How's this for a clear business plan? Excerpts from a speech by the Commerce Minister of China:
"We will strive for establishing standard farmers’ shops in 50% of the villages and 70% of towns nationwide within 3 years."
"We will strive to establish another 100,000 farmers’ shops within the year, raise the percentage of counties with experimental shops in the eastern regions from 30% to 60%, from 20% to 60% in the central and western regions, and in areas with good conditions to 100%. Our target is to set up standard farmers’ shops in 65% of the villages, and 5% of the towns by the end of the 11th Five Year Plan period."
"... the rural market has a huge potential and demand from farmers is to be explored. China has a rural population of 900 million, and the rural market consumption is playing an increasingly important role for the expansion of domestic demand."
"... sales volume usually rises by 2 to 8 folds after the transformation of traditional family shops to chain stores."
News 
Market Data 
Discover 
AI
