Although it entered the Chinese market 13 years ago, the development of South Korea's E-Mart has been slow. However, its newly appointed China president has stated that it will accelerate its expansion and will open 100 new stores by 2015.

According to reports in local media, Taiwan-based supermarket retailer Rt-Mart plans to open its first outlet in Beijing and this new supermarket will be located in Beijng's Chinatown Shopping Plaza.

Rt-Mart, the supermarket retail investment of Ruentex Group, has announced plans to merge with the French retail group Auchan and the two may launch an IPO in Hong Kong in 2010.

Taiwan-based retail chain Rt-Mart has officially entered Binzhou in Shandong by laying the foundation of its first supermarket in the city.

The second business delegation from Kunming to Taiwan has signed an agreement with Kangcheng Investment of Ruentex Group on the joint development of four new Rt-Mart supermarkets in Kunming.

The Taiwan-headquartered supermarket group RT-Mart has signed an agreement with Taizhou, Jiangsu, to open a new supermarket, which is expected to start construction in October 2009 and open to business during the National Day holiday in 2010.