According to reports in local media, China's Gansu province plans to build and renovate 3,000 rural retail chain stores in 2010.

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.

Beijing-based department store chain Parkson Retail Group has published its financial report for the first half of 2009.

According to Lanzhou Bureau of Commerce, the city will allocate special funds to build 100 convenience supermarkets in its rural areas and the project will be completed before October 1, 2009.

The Sichuan-based convenience store chain Wowo has received a USD10 million investment from the private equity firm ARC Investment Partners and the Chinese retailer is now preparing for listing on Nasdaq to become the first Sichuan retail company that is listed in the United States.