Guizhou TV Station announced at a press conference that it opened a shopping channel called Jiayou Shopping Channel on July 25, 2008, marking Guizhou TV Station's entry into China's television retail sector.

Far Eastern Group, a Taiwan department store retail giant, has announced plans to increase the number of its department stores in mainland China to 25 over five years.

Li Lianwei, managing director and CEO of Lippo Limited, has announced that the company will focus on retail development in the mainland China in the future.

Lotte has finally finished the integration of Makro in China after it acquired the latter five months ago.

Tiffany & Co. has announced plans for a July 2008 opening of a new store in the coastal city of Qingdao.

Tianjin Teda Group has signed a contract with Aeon (China) Co. Ltd. to build a comprehensive shopping mall in Teda Promenades, Tianjin.