German retail giant Metro has opened a new outlet in Beijing's Chaoyang district and this outlet is reported to be the retailer's first store to open in Asia in 2010.

German retail giant Metro has announced that its electronics sales subsidiary Media Markt will establish a joint venture with Taiwan-based Hon Hai Precision Industry for an electronics retail operation in mainland China.

Germany-headquartered retailer Metro has signed an investment contract with the government of Yantai, Shandong to build a new supermarket in the Zhifu district of the city.

Metro, one of the world's largest retailers, has announced it has stopped supplying plastic bags in its 38 retailing sites in China.

After rated among the world's top 250 retailers in 2008, Chinese retailers, including Gome, Bailian Group, Suning, and Dashang, were again entered on the list this year, with their average ratings up 71 places.

Dr. Eckhard Cordes, the CEO of the Germany business group Metro, has announced that the company will introduce Media Markt, an electronics store brand operated by Metro Group, into the Chinese market in 2010.