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McDonald’s Plans to Open 1,000 Stores in China by 2024, Targeting Two-Thirds of New Openings Each Year

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(Xinhua file photo: An actor wearing a Ronald McDonald costume greets visitors at a Thanksgiving Day parade in Chicago, the US, November 23, 2017.)

BEIJING, February 7 (Xinhua) – United States local media. It was reported that McDonald’s (McDonald), a giant in the world of fast food chains. McDonald’s continues to expand and plans to open 1,000 stores in China by 2024, accounting for nearly two-thirds of the new stores McDonald’s plans to open each year. Markets outside the United States

The news report quotes Chris Kempczinski, CEO of McDonald’s. He revealed that the company will “Do what needs to be done to maintain McDonald’s competitiveness in that market.”

McDonald’s plans to open more than 10,000 restaurants in China by the end of 2028, according to the report.

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