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"Do not forget that in the past all unmanned warehouses in the world were B2B, which meant there were only very limited orders each day," said Liu. He added that there is not a single person in the Shanghai warehouse and it is 100 percent managed by robots and AI.
"Cutting the subsidies may not necessarily be a bad thing. It can help weed out the incompetent companies and allow the competitive to stand out," Ma said.
"Data analytics also kicks in, giving traders a sneak peak of current consumer trends so that they no longer need to operate their business purely based on intuition, and they can avoid stockpiling," Wang said.
"Equipment is the core of the manufacturing industry. We will ramp up resources to focus on a group of projects which have good technological foundations and where breakthroughs are likely to be made within two to three years," Luo said.
"Department stores should also increase the portion of their self-operated business, and avoid homogenization of brands. In fact, compared with the highly competitive retail industry in Japan and the United States, China's department stores have ample room for growth. There aren't any monopoly department stores taking top market positions yet," Wang said.
来源：资阳报