Ministry of Commerce of the People's Republic of China

British retail giant Tesco has signed a letter of intent with the Department of Commercial Services Administration of the Ministry of Commerce of China to jointly promote the sustainable development of the Chinese retail industry.According to local media reports....

With the Chinese government pursuing a policy to promote the rapid, healthy and orderly development of the retail industry since 1992, the industry has developed rapidly and is expected to touch 14 per cent by 2010, government figures indicated. Currently...