retail industry in china is facing a vicious competition crisis, which is determined by the supply side bottleneck. however, this is also a historic opportunity for retailers to upgrade efficiency and transform their services to break the traditional "short cycle" of growth . with the rise of e-commerce, consumers are becoming more discerning and demanding, so it's time for retail companies to innovate and adapt to stay competitive . I think this is a chance for some retailers to rise above the rest and become market leaders, rather than just trying to survive .
Retail industry in China is facing a vortex of competition crisis, it's a war decided by supply-side shortfalls. But this is also a historic chance, retail companies can upgrade efficiency and service consumption format to break the curse of "no growth bull" . The key is to focus on upgrading business models, not just chasing after trend . Zero-inflation era has brought us challenges but also opportunities for transformation .