McDonald’s plans to open 2,000 new locations in China in just five years
2,000 stores
McDonald’s took more than 25 years to open 2,500 stores in China, now it plans to open 2,000 stores in just five years.
Published | Photo by Reuters/Bobby Yip
McDonald’s arrived in China in 1992. Located in Beijing, two blocks away from Tiananmen Square, it was the largest McDonald’s restaurant in the world.
Back then, McDonald’s planned to open 40 locations in China in three years. Now, it plans to open an average of 30 every month, bringing the total stores in the country to 4,500.
There is potential to open even more: Competing restaurant company Yum China operates 7,600 KFC, Pizza Hut, and Taco Bell stores in the country, spread across 1,100 cities.
