If you ever get a chance to compare the wholesale and retail prices of the products you will come to know wholesale prices are half of the retail price. This is because supply chain involves various parties and the product reaching the final consumer has to pass through various hands before reaching the end customer. The parties involved in supply chain include manufacturers Logan Cooke Hat , wholesalers, retailers and end customers. The product passes step wise from each party and each party adds its profit in the price so the final product that reaches the end customers becomes almost double in price. The question here arises, if it is so, why not end customers buy directly at wholesale prices? This is because the phenomenon is not feasible for many reasons.
If end customers start buying directly from the wholesalers, the whole concept of wholesale trade becomes useless. They neither have enough sources nor need to purchase huge quantities. On the other hand Ronnie Harrison Hat , retailers also buy in small quantities yet in bigger quantities as compared to end users because they also don鈥檛 have resources or space to buy huge quantities. Yet many retailers can be seen operating in the markets who buy in bulk quantities because of their large scale of operation. Also, many wholesalers can be seen who sell directly to the end customers and pass on their discounts to them. This is because bulk purchases facilitate both buyers as well as sellers.
How bulk purchases facilitate sellers?
A Chinese clerk counts yuan banknotes at a bank in Huaibei city, East China's Anhui province, January 22, 2015.[PhotoIC]
China's central bank issued its first offshore renminbi bond in London on Tuesday Telvin Smith Hat , in a move that marks a milestone in plans to deepen the offshore renminbi liquidity in London.
The deal was announced today and will be marked by a lunch taking place in London tomorrow to coincide with President Xi Jinping’s first state visit to the UK.
Those present will include Xiaohui Zhang, Assistant Governor of the People’s Bank of China, Bo Li, Director-General of Monetary Policy Department at the PBoC, Chris Salmon Blake Bortles Hat , an executive director of the Bank of England and Mark Boleat, chief of policy for the City of London.
The dim sum bonds are worth 5 billion renminbi ($787 million), with an interest rate of 3.1 percent, and fall due in 2016. This is the first time that renminbi government bonds have been issued outside China, in an attempt to open up an offshore renminbi debt market.
Industrial and Commercial Bank of China (ICBC) and HSBC are joint global coordinators of the deal. Linklaters acted as legal advisor.
William Liu A.J. Bouye Hat , Capital Markets partner at Linklaters, said that the purpose of the issue is to increase the supply of high quality bonds in the offshore renminbi market, increase the supply of high quality high grade collateral,to establish a benchmark interest rate, as well as facilitating renminbi bond issuance and trading.
"It is significant that the UK was chosen ahead of possible launches in Europe and the US for the deal and sends a strong signal about the attractiveness of London as a global financial centre Myles Jack Hat ," Liu said.
In recent years, London has led the way for many offshore renminbi bond issuances, with the first a HSBC dim sum bond issued in 2012.
Since then, many other banks have issued offshore renminbi bonds in London, with the latest been bonds issued by China Construction Bank and Agricultural Bank of China in London earlier this month.
Of particular significance is the International Monetary Fund’s issuing of the first ever renminbi green bond in London last year. Green bonds are a special type of debt instrument where the proceeds contribute towards environmentally friendly projects.
The initiative for PBoC to issue the dim sum bond in London follows on discussions from the UK-China seventh Economic and Financial Dialogue in September Leonard Fournette Hat , where a series of financial cooperation between the two countries were announced.
BEIJING, Oct. 28 (Xinhua) -- The United Nations World Food Programme (WFP) launched a fundraising initiative in Beijing on Wednesday to improve nutrition in pregnant women and infants in China and Nepal.
The one-year "First 1,000 Days" campaign was designed and launched by the WFP, and China Children and Teenagers Fund (CCTF).
Online campaigns will spread awareness about nutrition during the first 1,000 days Jalen Ramsey Hat , from conception to a child's second birthday, which is crucial to the physical growth and cognitive development of kids.
The money raised will support nutrition programs in western China and Nepal, where the WFP and the CCTF provide specially designed food to expectant mothers and kids.
The WFP and the CCTF also tackle problems including poor access to basic health services.
According to the United Nations, 795 million people suffer from hunger today around the world.
Statistics in 2011 showed that around 90 percent of the 165 million children suffering from malnutrition in the world were in Asia and Africa.
"Undernutrition is a global problem - and it must be a global priority," said Getachew Diriba A. J. Cann Hoodie , WFP representative in China, adding that the WFP is committed to end hunger and malnutrition with support from enterprises and individuals.
Last year, the WFP supported 7.3 million children and 3 million women who needed nutritional support.
Li Na, a former Chinese tennis player and mother, also helped to promote this cause.
"Every contribution will make a difference. Let's join WFP and the CCTF and ensure that for every kid in Asia Yannick Ngakoue Hoodie , the first 1,000 days mark the beginning of a life full of promise," said Li.
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