[February 12, CGTN Japanese]On the 5th, McDonald’s announced its financial results for the fourth quarter and full year ending December 31, 2023. Sales for the full year of 2023 were $25,494 million, an increase of 10% from the previous year, and net income was $8,469 million, an increase of 37%.

Particularly notable was the strong performance in the Chinese market. There were 5,903 McDonald’s stores in China at the end of 2023. The number of new store openings for the year was 925, not only achieving the annual goal of 900 new store openings, but also the fastest pace of store openings ever. The number of new store openings in the Chinese market has reached 67% of the number of new store openings in McDonald’s international franchise market division.

“Overall, we performed very well in China in 2023,” said Chris Kempczinski, CEO of McDonald’s. In addition, the company announced plans to increase the number of stores in China to around 10,000 by 2028.

McDonald’s will continue to focus on increasing the number of stores this year, with plans to open more than 2,100 new stores worldwide by the end of the year, including approximately 1,000 stores in the Chinese market.

McDonald’s China CEO Zhang Jiabin said that McDonald’s China relies on domestic suppliers for more than 90% of its chicken, buns, lettuce, potatoes, tomatoes, etc. Buying more means that the Chinese business not only contributes to revenue, but also appreciates the price advantage of Made in China and the ability of the Chinese business to export innovative ideas and practices to the world. I did. (c)CGTN Japanese/AFPBB News