According to a report released by the global environmental organization Greenpeace, the U.S.-based retail giant Wal-Mart has been selling genetically modified rice in China.

The international environmental group Greenpeace has released its latest "Supermarket List for China" which shows that foreign-funded supermarkets such as Wal-Mart, Tesco, and Ito-Yokado rank at the bottom of the list in terms of green initiatives.

According to Li Jiahui, president of Guangdong Sai Yi Convenience Stores, the company plans to increase the number of its 7-Eleven stores in Guangdong to 500 by the end of 2008 and the number will be further increased to 1,000 in three to five years.

In accordance with a recommendation from the Beijing government for traffic diversion during the 2008 Beijing Olympic Games, from July 20, 2008 to September 20, 2008, some large-scale department stores in Beijing will adjust their opening time to 10 am and their closing time will also be postponed accordingly.

President Chain Store Corporation has announced that the company has formally received the franchise rights of 7-Eleven convenience stores in Shanghai and the first store in the city will be opened before the end of 2008.