BEIJING, Nov. 4 /PRNewswire-FirstCall/ - Further to the company's Good Life China Corporation* (GLCC) www.goodlifechina.com news announcement on various expansions and growth strategies the company is pleased to provide the following update on the current status. The following is a snippet and a quick summary of the filing the company completed on Pink Sheets.
On October 9, 2008, the Third Plenary Session of the 17th Central Committee of China was held in Beijing and what were discussed was how to push rural reform and development in China. The "# 1 Document" instructs agricultural and rural development issues.
The # 1 Document of the Central Government in 2008 puts forward the policies definitely, "strengthen rural market system construction, establish and improve big market and big distribution adjusting to modern agricultural development". # 1 Document also puts forward the promotion of information in rural areas, which has been emphasized for 4 consecutive years. Thus, in order to realize the idea of logistics in rural areas, it is vital to strongly advance the information of rural logistics.
As an enterprise of E-commerce and logistics service faced with Chinese market, Haorizi Co. Ltd. has almost 10-years experience of operation in rural market. It owns an information service system, a purchasing and selling terminal network linked between cities and towns and an E-commerce platform, which can provide rural retailers and suppliers with one-station service of E-commerce and logistics distribution, supplier members with intensive storage and logistics distribution service, lower distribution cost for suppliers and assist supplier members in expanding marketing channels to realize capital "zero-risk". The system can also enable outlet members to log in to www.huozhan.com to conveniently and efficiently complete online order and automatic replenishment without leaving outlets, offer quick and applicable digital outlet management system to help the members promote level of management, making profit and competitiveness, creating a rural security and consumption platform to bring surrounding rural people real and cheap daily articles of a full series.
The company believes that it is in a good position to take advantage of the No 1 Document and well ahead of any competitors servicing the rural areas.
The full summary of this document can be viewed under the "Filing Tab" by visiting Pink Sheets.Com symbol GLCC.
* In China Good Life China operates under the brand name Haorizi Co., Ltd and Huozhan Co Ltd.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
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