French department store retailer Galeries Lafayette recently announced its latest plan to expand in China.
Metro China, which was acquired by China's Wu-Mart, continues to accelerate its business expansion and further developed the southwestern market by opening its first store in Guiyang, Guizhou Province.
C C Land Holdings Limited has successfully acquired a land lot in Guiyang through its 85%-owned subsidiary Guiyang Zhong Yu Real Estate Development Company Limited.
China's Yanjing Beer Group has announced its performance report for the third quarter of 2011, stating that from January to September 2011, the company realized operating revenue of CNY10.374 billion, a year-on-year increase of 15.83%.
The world retail giant French Carrefour Group will enter the Guiyang retail market and its first store in Guiyang — Carrefour Wenchang — will open before the new year.
Luxury department store chain PCD Stores Group is reported to have passed the public hearing of Hong Kong Exchanges and Clearing and will launch its IPO soon.
Carrefour has signed a new project with Hunter Real Estate, a local real estate company in Guiyang, marking the international retailer's entry into the capital of Guizhou province.
McDonald's has signed a cooperative agreement with the government of Yunyan district in Guiyang, Guizhou, to open the first McDonald's restaurant in the province.