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McDonald's to open 2,000th restaurant in China

Staff writer ▼ | April 21, 2014
McDonald's will open its 2,000th mainland restaurant by the end of April, amid high expectations about further expansion of the chain in the Chinese market.
McDonald's China
McDonald's ChinaMcDonald's will open its 2,000th mainland restaurant by the end of April, amid high expectations about further expansion of the chain in the Chinese market.


It's a milestone in the growth of the US fast-food company, Kenneth Chan, CEO of McDonald's China, said.

"In 2013, we opened a record 275 restaurants in the mainland, and that makes the country the fastest growing market in terms of restaurant openings in the McDonald system," Mr. Chan told a press conference in Guangzhou, Guangdong province.

The McDonald's expansion in China will also have a franchising focus over the next few years, Chan said.

"Franchising first started in China in 2008 with three franchisees, and at the end of last year, McDonald's has 46 new franchisees with total franchised units representing 12 percent of its restaurant base. The target is to grow that number between 20 and 25 percent by 2015," Mr. Chan said.

"Franchising takes the brand right into the heart of China's local entrepreneurship. And with local ownership and local pride, we are building the long-term sustainability of both the brand and the business," Mr. Chan said.

McDonald's that opened its first restaurant in the Shenzhen special economic zone of Guangdong province in 1990.


 

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