According to Chan Sai Cheong, director of Chow Tai Fook Group and its general manager for China region, the Hong Kong jewelry brand plans to double the number of its Chinese mainland stores to 2,000 in the next ten years, focusing on the development of franchised stores.

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

Chinese home appliances retailer Suning Appliance and South Korean electronics maker Samsung have signed a new sales plan with a total value of CNY10 billion, in Nanjing the capital of Jiangsu province.

As the cooperative partner of USA Pavilion at the 2010 Shanghai World Expo, Wal-Mart has started to sell World Expo related licensed products in its Nanpu Bridge store in Shanghai.

Chinese dairy giant Yili has published its financial report for the third quarter of 2009, stating its net profit surged 220% year-on-year.

According to the Chinese search engine company Baidu.com, it has signed a strategic cooperative agreement with the electronics retailer Suning to jointly explore China's home appliances B2C market.