Beijing-based supermarket retailer Jingkelong has announced that during the year 2010, it made a 11.2% operating revenue growth, which was mainly attributed to a 9.2% growth in its retail business and a 12.9% increase in the wholesale business.

The British retail giant Tesco has announced plans to invest GBP2 billion in China over the next five years to expand the number of stores it operates in China.

Having already fed the Chinese market for over 20 years, the international fast food giant McDonald's has now announced plans to update its brand concept and will soon start to provide free wireless Internet services across China.

The British retailer Tesco has opened its first hypermarket in China's Anhui province: on Suixi Road in Luyang district, Hefei.

China Resources Vanguard, the hypermarket subsidiary of China Resources (Holdings) Company, has opened the final outlet in its expansion plan for Guangzhou in 2009 and is looking to open around 360 new outlets in 2010.

The South Korean retailer, Lotte Mart, has opened its first hypermarket in Beijing at Gongyi Xiqiao.