Chinese supermarket retail chain operator Lianhua Supermarket Holdings Company Limited announced plans to invest over CNY800 million to build a large modern logistics system in Jiading, Shanghai.

The world's retail giant Wal-Mart has announced that it will invest CNY500 million to build new stores in Guizhou's Anshun, Kaili, and Duyun in the next five years.

A representative from the Chinese sportswear company Lining has confirmed to the local media that the company's three executives, including Chief Operating Officer Guo Jianxin, Chief Marketing Officer Fang Shiwei, and Director for the E-commerce Department Lin Li, have resigned.

Liu Qiangdong, chairman and chief executive officer of the Chinese Internet B2C shopping website 360buy.com, has announced the official launch of a new overseas sales business.

German retailer Metro and Shuanghui Logistics, the logistic subsidiary of China's Shuanghui Group, have signed a strategic cooperation agreement, making Shuanghui Logistics the exclusive logistic service provider for Metro's frozen goods.

Chow Tai Fook Group held a groundbreaking ceremony for its China jewelry headquarters building in Yantian district, Shenzhen.