modern/organized retail-industry as a sector across Asia Pacific and which therefore is rotating among its various national retailers associations. China was host first in 2005 in Beijing and now for a second turn in 2019 in Chongqing an agglomeration of 31 million inhabitants. The international Asian Pacific network was awarded at this occasion by the Peace Circle Chair Collection Certificate of the Chinese Government. More than 4.000 business people visited the Conference with speakers of all big Chinese players. In the Closing Ceremony the APREC-flag was handed over for the 2021 Congress to Indonesia.
Global Coordination At the second International Two-dimensional Code Industry Development Summit in Foshan/China Prof. Dr. Bernd Hallier was elected to become a member of the Preparatory Committee for the Summit 2020 with the agenda to establish a permanent global Coordination Organization (see also www.european-retail-academy.org/TUN). According to Professor Hallier in future the creation of new products will have to be based on the knowledge/wisdom that only globally standardized codes for product-innovations will enable marketing to enter the new world of the Internet of Things (IoT) and massconsumption. Asia with its IT-driven young society is setting the frame for this development.
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