[People's Daily Online]

Business

Last updated at: (Beijing Time) Thursday, September 04, 2003

KFC Opens 100th Outlet in Chinese Capital

US-based fast food giant KFC inaugurated its 100th outlet in the Chinese
capital on Wednesday at the Zhushikou Avenue in downtown Beijing.

KFC first entered the Chinese market in Beijing on Nov. 12, 1987 when it
opened an outlet at Qianmen. Since then, it has invested 1.3 billion yuan
(about 157 million US dollars) in China and has opened over 850 outlets in
almost all areas of China except Tibet.

More than 50,000 people are employed at KFC outlets across the country and
550 Chinese firms have become KFC's chief suppliers. KFC is now the largest
and fastest growing fast food chain business in China, said a spokesperson
for Yum! Restaurants China.

KFC is a unit of Yum! Brands Inc, which also runs the Pizza Hutand A&W
chains that operate several stores in Beijing.

KFC also donated 100,000 yuan (about 12,040 US dollars) to the Beijing No. 2
School for the Deaf on Wednesday. It has spent over 60 million yuan (about
7.23 million US dollars) on juvenile education and social welfare cause over
the past more than one decade.

Copyright by People's Daily Online, all rights reserved