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The Pacific Department Store opened its door for the first time on Thursday in eastern Beijing. The store is the first Taiwan-holding retailer on the mainland and is jointly constructed by Taiwan, Hong Kong and mainland investors.
The store is a six-storey building with 47,000 square metres of floor space, based in the western part of Changhong Overpass in Chaoyang District. Now the store is on a trial-run, and will be formally open to the public on November 1. Another such store is expected to be opened in Xidan, one of the commercial centres in the capital city.
(China Daily October 26, 2001)
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