ikea china: Anna Pawlak-Kuliga, CEO of IKEA China, said at the conference that, after over 20 years, IKEA will continue to explore the Chinese market with its biggest-ever yearly investment of 10 billion yuan 1.4 billion in fiscal year 2020, and increase investment in the two years following, according to Global Times China. IKEA has been paying close attention to development dynamics in China while adjusting its development strategy accordingly. IKEA China, a Chinese subsidiary of Swedish furniture retailer IKEA, hosted a press conference in Beijing on Thursday, and announced its Future strategy to promote its development over the next three years. Amid continuous changes in today's market environment, IKEA remains confident in the economic development and business opportunities in the Chinese market, Pawlak-Kuliga noted. In addition, urbanization, digitalization and people's increasing disposable income is changing the way how people live and consume. The home furnishings market in China is now in a phase of stable growth.
(news.financializer.com). As
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