Passage 7Chain stores have been developing rapidly in China during the past few years and taking hold of
Ever-increasing retail (零售) market share, an official survey indicates. The State Economic and
Trade Commission (SETC) survey shows that the annual sales volume of China's 20 biggest
Chains leapt last year by 43 percent and the number of their retail stores rose by 46.7 percent,
While sales for the whole retail market grew by 10.1 percent. Shanghai Lian Hua Supermarket
Company holds the top position with 14.06 billion yuan (US$1.7 billions) in sales in 1, 225 retail
Stores. The statistics indicate that the biggest stores are swallowing more market share, leaving
Little development space for medium and small stores, said analysts (分析家). Analysts also note
That almost all the giant chains have their headquarters in East China, but they are likely to explore
Western regions in the near future. With China's entrance into the World Trade Organization, its
Market is attracting overseas retailers, too. The country is committed to opening gradually its retail
Business, and as a result more chain stores from outside China will have a share of the pie.
Successful domestic retailers are preparing to battle for market share. Shops like Hua Lian and
Guo Mei, a giant home appliance distributor in Beijing, have announced ambitious plans for
Development.
According to the passage, Shanghai Lian Hua Supermarket Company is a ____.