VENDING INDUSTRY ANNUAL MEETING

Held by China Commerce Association for General Merchandise (CCAGM) and China Vending Association, a division of CCAGM, the meeting offered heated discussions on the current development of the vending industry and a deep look into the development trends.

Through practical cases and detailed statistics, what conclusion we drew from the meeting was that there are still many possibilities for the future development of the vending industry. Joint efforts are needed to overcome the challenges facing the industry, including high expenses for placing vending machines, an increase in operating costs, and difficulties in financing. The next step is to work more closely with relevant organizations, discover new business models and new distribution channels, to achieve win-win cooperation.

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