Having 350 cafes in Taiwan and with an annual business volume of RMB1 billion, 85 Cafe opened its first mainland cafe on Weihai Road, Shanghai four months ago. more…

According to foreign media sources, Yum!, the owner of KFC and Pizza Hut, is planning its expansion in China, and the group plans to open 425 new chain restaurants in China in 2008 and China is expected to become its largest profit source in the coming ten years. more…

Hong Kong plans an accelerated tax deduction for environment-friendly facilities as part of its Revenue Bill 2008. more…

According to Fujian Qirun Restaurant Management, Burger King will formally open a restaurant in Xiamen at the end of June 2008. It is also Burger King's first restaurant in Fujian. more…

Maoye International Holding Limited, a big department store group and shareholder of Chengshang Group, has been listed in Hong Kong. more…

Starting May 2008, the Hangzhou Price Bureau will collect price information of major commodity products from 19 influential retailers in the city, make comparisons and publish the results weekly. This is reportedly an innovation in China. more…

Asahi Breweries and Itochu Corporation have announced the establishment of a milk company in Shandong Province, China. more…

Forty-eight retail drugstores, including Jingyitang and Kangzhong Drugstore, in Tianjin are approved to be medical insurance oversight units. more…

First Financial Daily has reported that Mao Jiankang, former general manager of Lianhua's south China area, will be transferred to Shanghai headquarters, and Wang Keqiang, current general manager of the southwest area, will become the general manager of the two areas. more…

Hunan Taizinai Group has signed a strategic cooperation agreement with Tetra Pak in Changsha to introduce 20 aseptic packaging lines. more…