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KFC opens 1st branch in Tibet
KFC became the first big Western fast food chain to open a branch in southwest China's Tibet on Tuesday.
March09,2016
KFC launches first AI-enabled outlet in Beijing
Kentucky Fried Chicken launched its first artificial intelligence-enabled store in Beijing on Friday, and the fast-food chain said it plans to further expand its layout of smart restaurants, creating more innovative dining experiences for customers.
December26,2016
KFC launches ethnic culture-themed restaurant in south China
International fast-food chain KFC has rolled out a series of coffees topped with animal patterns, derived from bronze drums of the Zhuang ethnic group, in its minority culture-themed restaurant in south China's Guangxi Zhuang Autonomous Region.
November29,2019
KFC names restaurant after China's altruism paragon Lei Feng
International fast food chain KFC on Sunday launched its first "Lei Feng spirit" themed restaurant in China to pay tribute to the soldier, lauded by the late Chairman Mao Zedong for his altruism.
March04,2019
Foreign investors remain confident on China's market prospect
"China attracts about 15 percent of total global investment, still ranking first among all developing countries and in the forefront worldwide," said Zhang Fei, a researcher with the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce.
January24,2024
Digital yuan boosts Chinese New Year consumption
On the first day of the Year of the Rabbit, Li, a citizen of north China's Tianjin Municipality, was preparing a red packet for her daughter, a monetary gift traditionally given by the elderly to the younger generation during the Spring Festival.
January30,2023
Shanghai starts regulating mystery box market
Shanghai's market regulator rolled out guidelines on Friday to regulate the mystery box market in the city.
January17,2022
Economic Watch: Chinese cuisine taking in exotic tastes
A platter of Beijing fried sauce noodles, served with fried chicken nuggets and French fries in Beijing's downtown area, raise eyebrows.
November03,2021
Belt & Road Weekly Vol. 5 No. 23
This issue introduces the quickened listing of U.S.-listed Chinese firms in Hong Kong and offers some insights on the development of China's battery swap service.
June11,2020
Belt & Road Weekly Vol. 5 No. 17
This issue focuses on China's latest policies and efforts to spur foreign trade and presents prospects of promising sectors amid the COVID-19 epidemic prevention and control, and also presents topics about electronic information sector and digital economy.
April30,2020
Yum fails to spice up same-store sales
Yum China Holdings Inc, the spinoff of the US fast-food chain which runs household names including KFC and Pizza Hut, registered flat same-store sales in 2016, three months after its New York listing.
February09,2017
Yum China sells 460 mln USD stake to Primavera, Ant Financial
Yum Brands Friday said it has reached a deal to sell a 460 million U.S. dollar stake in its China business to private equity firm Primavera Capital and online and mobile financial service provider Ant Financial.
September05,2016
Daojia acquisition to enhance Yum's delivery capacity
Yum China Holdings Inc said it will acquire a controlling stake in food delivery company Daojia, to expand delivery services for its KFC and Pizza Hut chains in the country.
May17,2017
McDonald’s China bets on digitized stores
Mcdonald's China said that it will upgrade the digitization in 40 percent of its existing stores such as self-service ordering machines for customized burger menu, digital menu board and dual point system.
December12,2016
China's pig industry attracts century-old Dutch feed firm: newspaper
Royal Dutch De Heus, a century-old Dutch feed firm, hopes to build a pig slaughtering and processing plant in China in cooperation with its Chinese partner Wellhope.
May28,2019
Ecolab seeks to expand food biz
Shanghai-based Ecolab China is planning to expand its food safety business from southern China to the northern part of the country as consumption gets upgraded nationwide, presenting new opportunities.
July17,2017
Yum local unit plans to add 600 new stores a year
Yum China Holdings Inc, which had more than 7,500 outlets in China as at the end of last year, said it has plans to add about 600 stores in the country annually.
February13,2017
Chinese market drives sales growth of U.S. fast food company in 2018
Chinese market has contributed greatly to the annual sales growth of Yum! Brands in 2018, according to the latest earnings report of the U.S. fast food company on Thursday.
February11,2019
McDonald's sells 80% stake
Fast-food chain McDonald's Corp announced on Monday the sale of 80 percent of its Chinese mainland and Hong Kong operations to a consortium including CITIC Ltd and Carlyle Group LP.
January10,2017
McDonald's announces major deal to turnaround China fortunes
Another 1,500 McDonald's are set to open across the Chinese mainland and Hong Kong in five years under the largest franchise deal outside the US between the fast food giant and a consortium led by CITIC and Carlyle Group.
January09,2017
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