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(South China Morning Post)
Updated: 2007-07-16 10:57

Longer-term investors are interested in mainland retailers, such as Wumart, as rising incomes and urbanisation boost consumption. Mainland retail sales this year may rise 15.8 percent to 8.8 trillion yuan, the fastest annual growth pace in a decade, according to a report by the National Development and Reform Commission.

Wumart's vast property portfolio is also attractive to potential buyers.

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