HKUST Li & Fung Supply Chain Institute

HKUST Li & Fung Supply Chain Institute Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from HKUST Li & Fung Supply Chain Institute, Business service, LSK Business Building, The Hong Kong University of Science & Technology, Clear Water Bay Kowloon, Hong Kong.

The HKUST Li & Fung Supply Chain Institute accelerates the creation, global dissemination, and practical application of new knowledge and technologies for managing supply chains. Jointly established by international research university HKUST and supply chain industry leader Li & Fung, the Institute engages in collaborative research, exchanges, professional development and executive education to dr

iving real-world impact across the region and globally, while contributing to Hong Kong’s development as a multinational supply chain management center.

China & Weekly Update (29 May – 4 June 2026)· Sales of “new merchants” on Taobao Apparel up 36% yoy· Meituan’s 1Q26 ...
11/06/2026

China & Weekly Update (29 May – 4 June 2026)

· Sales of “new merchants” on Taobao Apparel up 36% yoy
· Meituan’s 1Q26 revenue reaches 91 billion yuan; loss narrows by 9.6 billion yuan from last quarter
· JD.com’s 618 event shows strong opening in first four hours
· JD.com merges community group-buying and offline discount retail businesses
· JD.com’s 618 event: Foot traffic to offline stores up by over 70% yoy in first 52 hours
· Tmall shows strong opening to 618: Number of brands exceeding 100 million yuan in sales up 40%
· JD.com becomes first in China to offer ‘Online Departure Tax Refund Store’ for overseas visitors
· Kuaishou app launches AI shopping assistant
· ByteDance applies to register the “PBTI” trademark
· Tmall Supermarket enters Hong Kong market; self-pickup points to increase by 40% by year-end
· JD MALL Shanghai’s first store begins trial operations on 30 May
· Yonghui’s first revamped store in the Chongqing region for 2026 to open soon
· CHAGEE sees steady growth in 1Q26: Total GMV approaches 8 billion yuan; overseas GMV up 139% yoy

https://ustlfsci.hkust.edu.hk/periodicals/china-retail-e-commerce-weekly-update-29-may-4-june-2026

National Bureau of Statistics of China data shows 4,284 chain department stores nationwide at the end of 2024. According...
09/06/2026

National Bureau of Statistics of China data shows 4,284 chain department stores nationwide at the end of 2024. According to estimates by China Commerce Association for General Merchandise, there are approximately 7,000 department stores nationwide with a gross floor area of 5,000 square metres or more, directly employing nearly one million people and indirectly supporting employment for nearly 10 million. Department store retailers play an irreplaceable role in consumption upgrading, urban commercial ecosystem development and the real economy.

After multiple rounds of transformation, why do department store retail remain one of the core formats of China’s brick-and-mortar retail? 👇

More at: https://ustlfsci.hkust.edu.hk/reports/chinas-department-stores-report-2025-2026

Today, the 2022 Foundation, a non-profit organization seeking to develop a long-term vision of what Hong Kong can accomp...
15/05/2026

Today, the 2022 Foundation, a non-profit organization seeking to develop a long-term vision of what Hong Kong can accomplish by deepening and widening its knowledge platform, is pleased to officially launch its flagship research report, “Hong Kong’s Next Growth Pathway”.

Acting as the Secretariat for the Foundation, the HKUST Li & Fung Supply Chain Institute is pleased to organize this significant launch event today. The launch features a high-level seminar gathering over 130 prominent business leaders, government officials, and academic figures to discuss Hong Kong’s new economic positioning.

Find out more on the “Hong Kong’s Next Growth Pathway” report: https://www.2022foundation.com/article/index/Publications #

China’s foreign trade has demonstrated strong resilience amid a complex and volatile global environment. In the first el...
08/04/2026

China’s foreign trade has demonstrated strong resilience amid a complex and volatile global environment. In the first eleven months of 2025, commodity imports and exports grew by 3.6% yoy. More importantly, Chinese exports are making a pivotal shift—from simply ‘going global’ to genuinely integrating into every level of the global market.

What defines the new phase of ‘going global’ that Chinese exporters are entering in 2026? 👇

Full report: https://ustlfsci.hkust.edu.hk/reports/ten-highlights-chinas-commercial-sector-2026

Today, HKUST Li & Fung Supply Chain Institute and China Commerce Association for General Merchandise are pleased to pres...
01/04/2026

Today, HKUST Li & Fung Supply Chain Institute and China Commerce Association for General Merchandise are pleased to present the China’s Department Stores Report 2025-2026.

China’s macroeconomy maintained steady growth in 2025, with GDP expanding 5.0% year-on-year (yoy) and total retail sales of consumer goods surpassing RMB 50 trillion. The Institute forecasts that China’s GDP and total retail sales of consumer goods will grow by 4.7% yoy and around 4.5% yoy, respectively, in 2026.

It also highlights that department store industry has come under multiple influences from changing consumer demands, diversion of traffic to online channels, and the restructuring of brand distribution channels, entering a stage of deep transformation focused on revitalizing existing stores and restructuring business formats.

Find out more on the China’s Department Stores Report 2025-2026: https://ustlfsci.hkust.edu.hk/reports/chinas-department-stores-report-2025-2026

Address

LSK Business Building, The Hong Kong University Of Science & Technology, Clear Water Bay Kowloon
Hong Kong

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00

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