Wal-Mart came to China in 1996. The first Supercenter and SAM'S CLUB were opened in Shenzhen, Guangdong Province. Today, there are 83 units in 46 cities, with a total investment of over RMB1.7 billion. Across China Wal-Mart employs over 38,000 associates.

As an outstanding corporate citizen, Wal-Mart actively gives back to the community and has donated funds and in-kind support worth more than RMB26 million to local charities and welfare organizations over the past ten years.

In China, as elsewhere, we follow the Wal-Mart tradition of building our business one store and one customer at a time. We strive to provide our customers with friendly service and a wide selection of quality products at Every Day Low Prices. With each Wal-Mart store we bring advanced retail know-how to the local market. By fostering a healthy, competitive environment, we hope to constantly improve our business operations and customer service in order to contribute to the prosperity of the local economy.

Wal-Mart firmly believes in local procurement. We recognize that by purchasing quality products, we can generate more job opportunities, support local manufacturing and boost economic development. Over 95% of the merchandise in our stores in China is sourced locally. We have established partnerships with nearly 20,000 suppliers in China. At Wal-Mart, we always work with our suppliers to grow together. In the August 2006 Supplier Satisfaction Survey published by Business Information of Shanghai, Wal-Mart ranked first across several supplier satisfaction indexes.

Additionally, Wal-Mart directly exports about US$9 billion from China every year. The export volume by third party suppliers is also estimated to be over US$9 billion.

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