COFCO, one of China's biggest agricultural trading and processing companies, has signed an overall strategic cooperative agreement with the Japanese trading company Itochu on the global purchase of grain and oil products.

Wuhan Zhongbai Group Co., Ltd. has recently opened its 112th chain store in Enshi Autonomous Prefecture, making Zhongbai the first large-scale chain supermarket to enter this area.

To meet the development demand of Les Enphants, the company has decided to establish a logistics center in Taicang, Suzhou.

After the opening of retail stores of UPS and FedEx in China, DHL Sinotrans, DHL's joint venture in China, has announced that it has opened its first China retail flagship store in Shanghai, marking the company's first step in retail network expansion in China.

Song Linlin, general manager of Yongle Shanghai, told local media on the thirteenth anniversary of the company that Yongle plans to increase the number of its stores to more than 70 and to achieve a sales volume of RMB15 billion in 2008.

Li Jinyuan, president of Tiens Group, told First Financial Daily that BannerStore, a supermarket brand owned by Tiens Group, will start its global expansion in 2008.