Off the wire
China sees more inclusive finance loans to small businesses in 2019  • Discover China: Digital technologies enable inclusive finance in China  • Inclusive finance service benefits small enterprises  • China inclusive finance loans increase in 2018  • China allocates 10 bln yuan to support inclusive finance  • China's inclusive finance develops steadily  • Scientists turn to satellite images to map poverty  • China launches free technical training project in poverty relief  • China-ASEAN data center operational in south China  • ASEAN+3 countries vow to further promote education cooperation  
You are here:   News/

Sandwich chain Subway boosts presence in China with growing store count

Xinhua, October 28, 2024 Adjust font size:

Sandwich chain Subway on Tuesday announced the opening of its 4,000th store in the Asia-Pacific region, which is located in east China's Shanghai Municipality.

This opening marks a key step in the brand's accelerated expansion in the Chinese market, according to the company.

As one of the world's leading fast-food chains, Subway has been increasing its investment in China.

Since June 2023, Subway has opened over 250 new stores on the Chinese mainland. The figure is nearly half of the total number of new stores opened since Subway entered the Chinese mainland market in 1995, making China the market with the highest number of new store openings worldwide during this period.

China has always been one of the most important markets in the quick service restaurant industry, said John Chidsey, CEO of Subway, adding that China will be a very successful market for Subway.