2021 China's TOP100 Franchise Chains Released, Catering Companies Account for the Largest

Sat, 06/04/2022 - 22:17

Beijing Youth Daily reported that on May 30, the China Chain Store & Franchise Association (CCFA) announced the "Top 100 Franchise Chains in China in 2021".

According to the China Chain Store & Franchise Association, the sales volume of the "Top 100 Franchise Chains" in 2021 will be 588.5 billion yuan, a year-on-year increase of 23.6%, accounting for 1.3% of the total retail sales of consumer goods. The total number of stores was 366,000, a year-on-year increase of 9.9%, providing about 5 million jobs.