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Time:March 23-25, 2019
Beijing Diaoyutai State Guesthouse
Sponsor:Development Research Center of the State Council
Organiser:China Development Research Foundation
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Wumart Group is one of the earliest and biggest retailers in China and the largest supermarket chain in Beijing-Tianjin-Hebei area and also one of the biggest modern circulation enterprise. The group operates over 1000 stores nation-wide in northern, eastern and northwestern China with annual sales and assets over RMB 50 billion and employees over 100 thousand serving more than 600 million customers each year. Wumart’s business formats consist of retail, Internet and IOT technology, logistics and supply chain, in which areas lots of well-known brands such as “Mumart”, “MerryMart”, “B&Q”, “Xinhua Department Store” and “Zhejiang Supply-sale Integration Supermarket” generated. In line with the tenet of develop modern circulation industry and improve the quality of life of the masses, Wumart Group constantly contribute to national economic growth, employment and better livelihood of the people, for which reason it is known as the “rice bag” and “vegetables basket” of Beijing, the capital city of China. The founder, Dr. Zhang Wenzhong, insisting on his principles to be kind and honest, never distract his initial ambition in business while suffered many difficulties.

Being technology-driven, the Group has developed location-based ecommerce in Beijing, Hangzhou, Yinchuan, Wuhan and other major cities, empowering supermarkets into Omni-channel retailer with online-offline integration and serving over 50 million members. [These reforms and developments were fully affirmed by both national and provincial government officials.]

Wumart group will continue to serve the masses’ livelihoods, especially in the aspects of food supply and convenient services, by means of improving online-offline integration city-wide community service network.