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Carrefour expands in China
Carrefour's General Manager of Central and Western China has announced that its hypermarket chain will open two more stores in Chengdu this year, and more in 2011. Arnaud Dupont said: "Chengdu's sound administrative environment and huge market potential attract a large number of foreign funded enterprises to settle in, and Carrefour regards entering Chengdu as an important strategic development in China."
At the recently held 2009 Western China International Economy & Trade Fair, Carrefour said it will meet with local suppliers directly instead of using third-party logistics partners. Carrefour has developed close relations with over 400 suppliers locally.
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