The British retail giant Tesco PLC has announced plans to establish a joint venture with a financial group to develop shopping centers in China.

The coffee shop chain Starbucks has opened its largest shop on the Chinese mainland in Xiamen.

According to reports in local media, Fujian province plans to build 3,000 rural retail stores in 2010, including 320 in Fuzhou and 666 in Zhangzhou.

The American retail giant Wal-Mart has signed a cooperation agreement with the commercial real estate firm Shanghai You You Group to open Wal-Mart's first Sam's Club in Shanghai.

After the entry of Hongcheng Building and Hongkelong, another large department store brand Rainbow Department Store will open a new outlet in Nanchang's Honggu Beach.

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.