Chinese, Japanese and American. These tourists recently visit Korea as frequent individual tourist. Mostly, they are visiting Seoul city. Characteristic of these tourists would like to stay reasonable accommodation and to enjoy unforgettable experience. Since they make a reservation in advance of visiting the city, FIT tourists save the expense by using cheaper accommodations such as guest house,
Chinese medical equipments, 15% were purchased from 1970s and 60% were from 1980s which illustrates that it is time for them to replace the new medical devices. Since Chinese market has unlimited growth potential, it is foreseen that there will be an aggressive competition as well as a large opportunity for number of medical device companies. More than 2100 companies in 20 different countries suc
of our store and expanding the market ratio.
3. Technological force
Information
In China, establishing roots of distribution is important to do business.
Fast fashion companies sell their product by making chains in each location and managing each of chains in China.
Some Chinese technologies are outweighing that of Korean.
Growing IT technology
of what has been lost during modernization
and an example of an Asian country that has modernized and has retained its
traditions.
The Korean wave in the future
In 2005, the backdrop of cultural export has started. Export of music, films, etc. started dropping for about 20% in just one year. Even the number of travelers to Korea has plunged by about 40% over the last two years
of domestic fast-food market.
Too confident of success?
CEO’s Strong Will
1. The recession of Korean market
-Offense is the best defense
Go abroad.
2. Mission: The most delicious chicken
in the world.
Why Chinese Market?
Growing Chinese fast-food market
constant growth rate (20% annually), 200bill yuan(2000), 40% of Restaurant Business