Wholesale industry refers to the activities of wholesalers selling daily necessities and production materials in bulk to wholesale and retail units and other enterprises, institutions and institutions, as well as the activities of engaging in import and export trade and trade brokerage and agency . Wholesalers can own the goods they wholesale and conduct trading activities in the name of their own unit or company; they can also not own the goods and act as an agent as an intermediary; this also includes fixed stalls in various commodity wholesale markets wholesale activities.

  Retail industry refers to commodity circulation enterprises that purchase goods from industrial and agricultural producers, wholesale trade or residents, and resell them to urban and rural residents for daily consumption and to social groups for public consumption. It is a sales activity mainly targeted at final consumers (such as residents, etc.) in department stores, supermarkets, specialized retail stores, brand stores, and stalls. Including sales activities through the Internet, postal service, telephone, vending machines, etc. It also includes stores (such as bakeries) in the same location, with processing and production in the back and sales in the front.

  The wholesale and retail industry is an important link in the process of socialized large-scale production. It is the guiding force that determines the speed, quality and efficiency of economic operation. It is one of the industries with the highest degree of marketization and the most fierce competition in my country

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