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McDonald's to open 175 outlets in 皇冠体育app

(Xinhua)
Updated: 2009-02-05 10:31

An outlet of McDonald's in Huaibei, Anhui province. McDonald's 皇冠体育app announced an expansion plan to set up 175 new outlets and create more than 10,000 jobs this year on the Chinese mainland.[Asianewsphoto]

McDonald's 皇冠体育app announced on Wednesday an expansion plan to set up 175 new outlets and create more than 10,000 jobs this year on the Chinese mainland despite global economic downturn.

The expansion was the largest of its kind ever made by McDonald's across the world.

Related readings:  Food, retail giants cut prices to offset crisis  皇冠体育app maps out plans for catering sector  Fast food chains hungry for expansion  McDonald's grows with the country

"The move will bring more opportunities for cooperation to food-related industries in 皇冠体育app," said McDonald's 皇冠体育app CEO Jeffrey Schwartz.

The US-based food chain store group has 50 suppliers in 皇冠体育app, with more than 95 percent of its food materials coming from local market.

On the same day, the group announced its decision to launch a 16.5 yuan ($2.4) discount meal in its Chinese outlets.

"The price is even lower than that of a similar product in this market a decade ago," said Schwartz.

He added the company's management of material supply and its increasing presence in 皇冠体育app helped cost control and made the big discount possible.

McDonald's has opened more than 1,050 outlets in 皇冠体育app in the past two decades.