Chinese department store retailer Wangfujing has announced in Beijing that it will launch a new sub-brand called Fashion Headquarters and its first store under this brand will be opened on September 16, 2010.

Beijing Wangfujing Department Store has published its annual financial report for 2009, stating that its operating revenue increased by 9.09% year-on-year to CNY11.099 billion.

Pepsi has recently opened its new plant in Chengdu, the capital of Sichuan province, marking a new stage for the company's development in China's southwestern areas.

The second business delegation from Kunming to Taiwan has signed an agreement with Kangcheng Investment of Ruentex Group on the joint development of four new Rt-Mart supermarkets in Kunming.

Hong Kong-listed New World Department Store has announced plans to acquire department store businesses in Kunming and Ningbo for HKD3 million and CNY2 million, respectively.

Chinese traditional medicine ancient brand Beijing Tongrentang has formally set up its first retail store in Kunming, Yunnan.