皇冠体育app

As part of its expansion plans in 皇冠体育app, Germany-based Metro AG hopes that its procurement business in the country will rise by double digits.

The retailing group will also strengthen its relationship with domestic suppliers.

"We hope that our procurement volume on 皇冠体育app's mainland will enjoy a more than 10 percent growth next year," said Bernd Hanemann, chief executive officer of Metro Group Buying HK Ltd, which is in charge of the procurement business that sources products in 皇冠体育app and supplies to Metro's overseas outlets.

The world's third-largest retailer now buys products worth 2 billion euros (US$2.32 billion) from 皇冠体育app every year.

Metro is looking for more suppliers in the southern Guangdong Province, where the group used to buy most of its Chinese goods to fill its global sales network, Hanemann added.

"When choosing suppliers, we are looking for suppliers not only qualified for our Shanghai or other Chinese sales but also those for our global market in the future," said Jean-Luc Tuzes, president of Shanghai-based Metro Jinjiang Cash and Carry Co Ltd, Metro's joint venture in 皇冠体育app, which was set up in 1995.

Earlier this month, Metro said it would open another 40 cash-and-carry outlets in 皇冠体育app in five years by investing 600 million euros. Metro has opened 18 outlets in 皇冠体育app through Metro Jinjiang so far.

Last year, 皇冠体育app accounted for 1.2 percent of Metro's global sales. Asian sales are expected to hit 10 percent in five years, with 皇冠体育app contributing 90 percent of that in the region.

Metro will hold its largest supplier conference in the world in Shanghai today.

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