UK/CHINA. The Moodie Davitt Report was today honoured to meet senior representatives of the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council, PRC at Moodie Davitt headquarters in London.
Founder & Chairman Martin Moodie and Publisher Irene Revilla welcomed SASAC Deputy Director of Research Center Peng Jiangu; Division Chief of Research Center (and Deputy Secretary General) Wang Jiang; and Section Chief of Research Center Zhang Jiahui.
SASAC is the ‘think-tank’ of China’s central state enterprises and is directly under the management of the State Council.
The delegation informed The Moodie Davitt Report that the Chinese government has a “special interest” in the development of the duty free industry – not just to maximise domestic consumption but also to increase China’s offshore presence in the sector.
“It was a privilege to meet such important representatives of the Chinese state and to host them in London,” said Moodie after the meeting.
“We have huge admiration for the way China’s duty free and travel retail enterprises have developed in recent years and are very impressed by the tremendous support the Chinese government is giving the sector via far-sighted policies such as offshore duty free (Hainan Island), and the extension of arrivals and post-arrivals shopping.”
The two organisations pledged to maintain contact and regular dialogue and to meet again at SASAC headquarters in Beijing.
