Retail and wholesale operator Metro plans to invest €80m to open four more stores in China this year, reported China Daily. The stores will be located in Changshu and Kunshan, both in Jiangsu province, and Hangzhou and Ningbo, in Zhejiang province, said Metro President Cai Letian.

Metro had 38 stores in 31 Chinese cities at the end of 2008 and recorded nationwide sales of €1.05bn, up 15 per cent year-on-year, according to the report.