AcasăAsia Pacific NewsMetro AG to launch first store in China's Hainan

Metro AG to launch first store in China’s Hainan

Published on

German retail giant Metro AG is set to open a new store in Haikou, capital of south China’s Hainan Province, in the second half of this year, according to XINHUA.

Covering an area of 12,000 square meters, the new store will be situated in Haikou MOVA, a cultural and tourism consumption complex at the heart of the city’s bustling business district. The complex integrates duty-free shopping, upscale retail, fast-fashion outlets, sportswear brands and fine dining experiences.

The company entered the Chinese market in 1996, with its first store opened in Shanghai. It now operates 98 stores in China.

The new membership store will offer exclusive discounts and personalized recommendations to customers. To better serve the local market, Metro AG plans to offer products and services tailored to local preferences, with a special emphasis on vacation and leisure-related offerings.

China released a master plan in June 2020 to build the island province into a globally influential and high-level free trade port by the middle of the century. It aims to build Hainan into an international tourism and consumption center by 2025, and a globally influential tourism and consumption destination by 2035.

XINHUA

Proiectul jurnalistic ecopoliticnews.com este un proiect susținut de AGI
- o asociație neguvernamentală, apolitică și non-profit.
Depinde și de tine să susții o presă independentă.

Latest articles

PM Bolojan says measures are needed to boost employment and put economy on a solid footing

Prime Minister Ilie Bolojan said that measures are needed to encourage growth in the...

Immigration police to carry out information campaign on legal work

Immigration police will carry out an information campaign between 6 and 12 October, aimed...

Hidroelectrica: We are approaching 900,000 household customers and, according to projections, we will exceed one million

Hidroelectrica is approaching a portfolio of 900,000 household customers, and projections show that it...

Euro trades at 5.0889 RON

The exchange rate of the national leu currency resulting from the quotations announced on...

More like this

PM Bolojan says measures are needed to boost employment and put economy on a solid footing

Prime Minister Ilie Bolojan said that measures are needed to encourage growth in the...

Immigration police to carry out information campaign on legal work

Immigration police will carry out an information campaign between 6 and 12 October, aimed...

Hidroelectrica: We are approaching 900,000 household customers and, according to projections, we will exceed one million

Hidroelectrica is approaching a portfolio of 900,000 household customers, and projections show that it...