Fast Growth Equals More Fast Food For McDonald's In China
Zeng Qishan, chief executive officer of McDonald's China, says that the company plans to add 300 new restaurants in China in 2014.
Zeng Qishan, chief executive officer of McDonald's China, says that the company plans to add 300 new restaurants in China in 2014.
Chinese food and beverage company Master Kong plans to invest nearly CNY2.5 billion to purchase the entire stake in WealthCity from Wei Yingjiao, a major shareholder and executive director of the company, to build an…
Ajisen (China) Holdings Limited, a Chinese fast food restaurant chain, announced in its annual financial report that by December 31, 2013, the company realized operating revenue of HKD3.24 billion, a slight year-on-year increase of 6.5%;…
McDonald's has opened its first campus restaurant in mainland China at Wuhan's Huazhong University of Science and Technology, and it welcomed over 1,000 students and teachers on its first business day.
McDonald's has located its Anhui headquarters in Baohe district, Hefei.
Fast food chain Burger King expanded into the southwestern market in China by locating its first regional restaurant in Chengdu, Sichuan province.
McDonald's is expected to have 2,000 restaurants in China by the end of 2013 and it plans to hire over 75,000 new employees in the country.
Yum! Brands Inc, owner of KFC, Pizza Hut, and Taco Bell, recently published its financial report for the fourth quarter ended December 29, 2012.
In the land of dumplings and noodles, Subway plans to have 900 sandwich restaurants in China by the end of 2015, according to comments made to local media by the company's management.
According to McDonald's China, the international fast food chain opened 200 new restaurants in China in 2011, marking a new expansion record in the country.