Meanwhile, since the launch of Heytea's franchise model in November 2022, it had opened 2,300 franchise outlets.

与此同时，自2022年11月推出Heytea的特许经营模式以来，该公司已开设2300家特许经营门店。

Specifically, according to the report, 90 percent of the franchise outlets are located in high-quality commercial districts in the country.

具体而言，根据该报告，90%的特许经营网点位于全国优质商业区。

Adoption of the franchise model helped Mixue to grow and achieve scale.

加盟模式的采用帮助蜜雪成长并实现了规模化。

Jason Yu, general manager of Kantar Worldpanel, a marketing research provider, said: "Mixue's business model primarily relies on franchise operations, with the majority of its revenue generated from selling goods and equipment to franchise stores, profiting from supply rates.

市场研究提供商Kantar Worldpanel的总经理Jason Yu表示：“蜜雪的商业模式主要依赖于特许经营，其大部分收入来自向特许经营店销售商品和设备，从供应率中获利。

The franchise model is now being extended to full-service brand DoubleTree.

特许经营模式目前正在扩展到提供全方位服务的品牌DoubleTree。

Pei Liang, head of the China Chain Store and Franchise Association, said multinational corporations in China are adjusting their business strategies in the wake of consumption upgrade.

中国连锁经营协会会长裴亮表示，随着消费升级，在华跨国公司正在调整其经营战略。

Our business model onshore is complemented by our strategic partnership with Vermilion Partners — a local M&A boutique firm that was brought into the fold of Natixis CIB's global M&A boutique franchise in 2018.

我们与Vermilion Partners的战略合作伙伴关系补充了我们在岸的商业模式。Vermilion是一家当地的并购精品公司，于2018年加入Natixis CIB的全球并购精品特许经营。

Under the agreement inked between Sinopec and the Ministry of Power and Energy of Sri Lanka, Sinopec has secured a 20-year license to franchise 150 existing filling stations throughout Sri Lanka and invest in an additional 50 filling stations.

根据中国石化与斯里兰卡电力和能源部签署的协议，中国石化已获得为期20年的许可证，在斯里兰卡各地特许经营150个现有加油站，并投资另外50个加油站。

In June, Subway announced that it had signed a new franchise agreement with Shanghai Fu-Rui-Shi Corporate Development Co Ltd, the largest deal in the restaurant chain's history, and one of the largest in the quick service restaurant sector, to expand its business on the Chinese mainland.

6月，赛百味宣布与上海福瑞食企业发展有限公司签署了一项新的特许经营协议，这是该连锁餐厅历史上最大的交易，也是快餐店行业最大的交易之一，旨在扩大其在中国大陆的业务。

In addition, the US-based franchise brand aims to expand its restaurant presence in the Asia-Pacific region to more than 6,000 over the next five years from the current 3,500, Subway said.

此外，赛百味表示，这家总部位于美国的特许经营品牌计划在未来五年内将其在亚太地区的餐厅数量从目前的3500家扩大到6000多家。

McDonald's China, the local franchise of the global quick service restaurant or QSR chain, said its business recovery in the first quarter of this year is encouraging it to accelerate its expansion in the country through long-term investments as well as adopt innovative practices to bring more value to consumers.

全球快餐连锁店（QSR）的本土特许经营公司麦当劳中国表示，今年第一季度的业务复苏鼓励其通过长期投资加快在中国的扩张，并采取创新做法为消费者带来更多价值。

Since 2017, McDonald's China has been driving its growth as a franchise business with support from CITIC and Carlyle.

自2017年以来，麦当劳中国一直在中信和凯雷的支持下推动其特许经营业务的增长。

Wholly owning the China mutual fund business adds a significant pillar of growth to the company's global investment franchise, said Dan Simkowitz, head of investment management at Morgan Stanley.

摩根士丹利投资管理主管Dan Simkowitz表示，全资拥有中国共同基金业务为该公司的全球投资特许经营增加了一个重要的增长支柱。

China has continued to improve its regulatory framework for panda bonds, and the market is a key focus for our franchise," said Rose Zhu, Deutsche Bank China chief country officer.

德意志银行（Deutsche Bank）中国区首席执行官朱（Rose Zhu）表示：“中国一直在不断完善熊猫债券的监管框架，市场是我们特许经营的重点。

The company said its K11 franchise includes a range of "museum retail" concepts targeting consumers in younger generations, such as K11 Art Mall and K11 Select.

该公司表示，其K11特许经营权包括一系列针对年轻一代消费者的“博物馆零售”概念，如K11 Art Mall和K11 Select。

The China franchise of Popeyes Louisiana Kitchen, a Miami, US-based fried chicken chain, will be operated by a new franchisee, Cartesian Capital Group, which also operates Tim Hortons cafes, the firm announced on Wednesday.

Popeyes Louisiana Kitchen是一家总部位于美国迈阿密的炸鸡连锁店，该公司周三宣布，其在中国的特许经营权将由一家新的特许经营商笛卡尔资本集团运营，该集团还经营Tim Hortons咖啡馆。

The agency reported Moutai's brand value hit $42.9 billion after evaluating a group of key indicators such as brand's competitiveness, its industry franchise rate and the enterprise's expected business revenue, which made Moutai the most valuable spirits brand in the world.

该机构报告称，在评估了品牌竞争力、行业特许经营率和企业预期营业收入等一系列关键指标后，茅台的品牌价值达到429亿美元，这使茅台成为世界上最有价值的烈酒品牌。

It opened its first franchise store in Dubai in June 2019, and became the fastest-growing TV brand in the UAE that year, securing more than 10 percent of the market.

2019年6月，该公司在迪拜开设了第一家特许经营店，并于当年成为阿联酋增长最快的电视品牌，获得了超过10%的市场份额。

In 2017, McDonald's China has been accelerating its growth as a franchise business with the support from CITIC and Carlyle.

2017年，在中信和凯雷的支持下，麦当劳中国的特许经营业务一直在加速增长。

Eager to further enhance its footprint, Hilton launched a large-scale franchise model in Shenzhen, South China's Guangdong province, starting with its Hilton Garden Inn brand in late September.

为了进一步扩大其影响力，希尔顿于9月底在中国南方的广东省深圳市推出了大规模的特许经营模式，从其希尔顿花园酒店品牌开始。

Thanks to such a localized strategy, OSell to date has more than 50,000 franchise partners across Indonesia, with nearly 10 categories of goods, including toys, garments, baby and maternal products, cosmetics, bags and suitcases.

With a partnership with Coca-Cola spanning more than 50 years, Swire Coca-Cola has a franchise right to 26 bottling factories.

Hilton, a recognized global hotel leader in franchising, launched its large-scale franchise model in Shenzhen, South China's Guangdong province, on Tuesday, allowing independent hotel owners in China to benefit from the company's innovative commercial strategies and extensive support network.

With the launch of the new franchise model, the company offered a Hilton Garden Inn brand prototype developed specifically for the Chinese market, which was originally launched in 2019, according to Watts.

We insist on operating the brand with direct ownership and not via franchise," Zhang said.

Globally, McDonald's second quarter fiscal report shows its same store revenue grew at 40.5 percent year-on-year, with the international franchise market boosted partly by increased revenue in China.

In a ranking released by the China Chain Store and Franchise Association, Easy Joy, the retail unit of Sinopec, and CNPC-operated uSmile stores, are among the top three players in the top 100 convenience stores in China this year, based on store numbers through the second half of 2020.

Its cornerstone investors for the IPO include Cederberg Capital Ltd, Franchise Fund LP and China Structural Reform Fund Corp, a State-owned private equity fund that offers State-owned enterprises support in development and industrial consolidation.

A partnership was also inked to release an anime series based on Chinese action-comedy franchise Detective Chinatown.

Between 2013 to 2016, Pop Mart suffered net losses, but one year after the company bought the franchise of Molly, its revenues jumped to 158,074 yuan ($24,150) in 2017, with sales of pop toys based on Molly accounting for 26.3 percent of the company's revenues.

Visitors to the planned Universal Beijing Resort－currently under construction and scheduled to open next year－will be able to see the world's first dedicated Transformers franchise attraction featuring an expanded storyline and an art background highlighted with Chinese cultural and historical elements.

CR Vanguard tops the supermarket brands in China by sales of 95.1 billion yuan ($13.5 billion) in 2019, while Alibaba-owned retailer Freshhema witnessed the biggest jump in sales at 185.7 percent, according to the top 100 supermarket brands list released by the China Chain Store and Franchise Association on June 30, the Beijing News reported.

The Popeyes Chinese franchise is owned by Tab Food Investments, which is also a major shareholder of Burger King China.

The Popeyes Chinese franchise is owned by TFI, or TAB Foods Investments, which is also a major shareholder in Burger King China.

McDonald's China said its business in China remains sound and healthy, with same-store sales having risen for three years in a row since CITIC and its partners acquired the franchise in 2017.

The piano brand with a history of over 167 years operates franchise stores of various sizes in 80 Chinese cities.

For more than 40 years, Dolby has boosted filmmakers' creations, as reflected in the popular Star Wars franchise ever since the first movie in the series, 1977's "Star Wars: A New Hope", made use of Dolby's stereo audio technology, said the San Francisco-based company.

The latest installment in the Star Wars franchise -- "Star Wars: The Rise of Skywalker," which was created with Dolby sound and vision technologies, is available at all Dolby Cinemas in China starting Friday.

The company's expansion in China is boosted by local blockbusters created with Dolby technologies, such as Chinese action star Donnie Yen's franchise finisher, "Ip Man 4: The Finale," which was also released in Dolby Cinemas on Friday.

More than 35 are owned and operated, the rest are managed by franchise, and we plan to extend the number of stores to 330, and open two flagship stores, in Shanghai and Beijing.

The project comprises mainly of investment, financing, design, construction, procurement, operation and maintenance, and its franchise period is about 28 years.

"Over the past two decades, the company has been continuously pushing boundaries in the rare disease treatment field, and four medicines treating four rare diseases have been available in the country," said Yu Lei, franchise head of rare disease under Sanofi China's new Specialty Care Department.

The news came as the Colombian government announced last week that the consortium formed by CHEC, China Railway Rolling Stock Corp, Xi'an Metro and Bombardier Inc won the bid for the Bogota Metro Line 1 franchise project in Colombia with a contract value worth $5.02 billion.

Launched in 2012, the tea maker, which focuses on a luxury retail experience at high-end shopping centers, has expanded quickly to more than 600 franchise stores and is available at 5,000 other retail stores in the country.

Spanning 22,000 square meters of premium indoor space, Lionsgate Entertainment World highlights six global film franchises and Chinese box office hits, including The Hunger Games franchise, The Twilight Saga and The Divergent Series.

Leading Chinese smartphone vendor Oppo is making a new effort to lure consumers with cost-effective devices and a partnership with Gundam, a science-fiction media franchise that features giant robots.

According to the statement from the authority, Yuan seriously violated the political discipline and used the franchise rights of Moutai liquor to exchange for interests and climb up to reach officials in higher positions.

The franchise now has 167 stores in 18 countries and territories.

Eighty-eight of those stores are in India and many are operated under franchise by Reliance Brands Limited.

It also joined with the coffee shop franchise Gloria Jean's Coffees in 2014, and now runs more than 100 Gloria Jean's coffee shops and Goubuli restaurants in China.

When Earth's mightiest heroes return to restore order in the universe (the film's plot, of course), Chinese fans are gearing up momentum to be among the first to reflect on and rejoice in the decade-long franchise.

The on-screen connection to a movie or a character could easily lead one to form strong, passionate attachments to a franchise.

Things began to look up in 2008, when China's COSCO Shipping obtained a 35-year franchise right of Container Terminals 2 and 3 of the Piraeus.

We have only been serving this market directly from the US for the last 10 years and so it takes time to build a more profitable franchise," said Bastian.

Greenberg joined Starr as vice-president in 1960, consolidated a number of insurers into the company and formed the franchise into American International Group, which later became the largest insurance and financial services company in the world.

Despite the double-digit growth rates, operators are still under pressure as rent, labor and utility costs grew 18 percent, 12 percent and 6.9 percent on a yearly basis, according to a report published by China Chain Store and Franchise Association and Boston Consulting Group.

“Clearly, we need a Tim Hortons franchise,” Kathleen Wynne was quoted as telling university students, some of whom had attended Canadian schools.

In June, Shaxian Snacks also set up its first overseas franchise in Tokyo and, in November, its first eatery in New York.

"In my childhood, food stalls could be seen everywhere in my hometown," said the owner of the New York franchise Shao Binfang, a Chinese American born in the provincial capital.

"Instead of using spinach seeds in the flour wrappers, the owner of a franchise in France uses green tea powder, which is very popular there," said Lin Baodeng, head of the training center.

Eight projects from seven organizations were presented, including the University of Arkansas, Massachusetts Institute of Technology, Tsinghua University, Chinese Institute of Food Science & Technology, China Chain Store & Franchise Association, China Food Information Center and China Children and Teenagers' Fund.

It owns and runs the shops directly, rather than through a franchise agreement.

- China's bike-sharing firm Mobike announced Tuesday through its Israeli franchise that it is expanding its service in the coastal city of Tel Aviv, while pulling out of three other cities in the state.

"With the implementation of this model of franchise in Spain with the opening of these two Preferred Stores, Xiaomi continues to see its presence in Spain, where it already has 11 stores, grow," explained the company, stressing its commitment to Spain.

E-commerce is poised to become a "game changer" to the traditional brick-and-mortar franchise model, according to Markus Scherer, a consulting director at Ipsos who led a study on China's auto aftermarket.

"Eliminating middlemen can effectively trim costs and boost retail efficiency," said Gu Guojian, head of Shanghai Chain-Store & Franchise Institute.

US bank using online offerings to upgrade global consumer divisionCitigroup Inc's consumer banking franchise is undergoing a digital transformation in China, and is looking to use that experience in other markets, according to the head of consumer banking at Citi China.

Customers are embracing these digital experiences so wholeheartedly at such a pace in this market," said Darren Buckley, country business manager of global consumer banking at Citibank (China) Co Ltd. "If we can be successful in China, we can be successful anywhere in the world with our consumer franchise," he said.

The bank also expects to see its consumer franchise revenue growth hit double digits over the next three to four years, according to Buckley.

Virgin Trains recently handed back control of the East Coast main line to the government after overbidding for the rail franchise.

The contract is to take over the running of the West Coast main line franchise from London Euston into the late 2020s.

First Group’s chief executive resigned last month after reported losses of 326 million pounds ($427 million) and Virgin Trains handed back control of the East Coast main line to the government after overbidding for the rail franchise.

On Tuesday, Carlisle-based Stone Eden Nursery opened its first international franchise in Guangzhou.

The new shareholders said earlier that they will support WSE's expansion in existing growth markets including China and new markets globally through franchise expansion.

Wang Sheng, director of the procurement cooperation department of China Chain Store & Franchise Association, said that developing their own brands is now an important strategy for retailers, as many of them have lost their consumer appeal due to the proliferation of similar branded products in different stores.

Additionally, JPMorgan's markets franchise will continue to invest in systems and platforms in an effort to provide better access and liquidity to China's maturing capital markets.

The new themed area offers three main attractions, a meet and greet area, a boutique shop and a restaurant, all of which feature characters from the long-running Disney Pixar franchise.

In 2014, it joined with the coffee shop franchise Gloria Jean's Coffees and now owns more than 100 Gloria Jean's Coffee shops and Goubuli restaurants in China.

Jason Yu, general manager of consumption investigation firm Kantar Worldpanel China, said a unified ownership structure would help Starbucks accelerate its market development and franchise expansion, as a result of a faster decision-making process and a single strategy.

The Devon-based franchise business had more than 50,000 clients per week last year and had a business model that depended on hiring out swimming pools.

Water Babies was founded by Paul Thompson in 2002 and now teaches babies to swim via a network of 76 franchise outlets and around 600 teachers in the UK, Ireland, Canada, the Netherlands, New Zealand, and China.

Powers said last year that the group has made efforts in preserving the UGG Classic's franchise with a focus on core brand positioning, reaching a younger consumer with existing and new distribution, growing the men's business with an improved and focused product line, and creating compelling and segmented year-round offerings.

Rubenstein said the partnership with CITIC has been successful and Carlyle can "dramatically grow" the franchise in China.

British retailer closes remaining online store on Tmall platformBritish retailer Marks & Spencer Group has completed its withdrawal from China by closing its remaining online store on Tmall and selling its franchise business in Hong Kong and Macao after shutting down 10 brick-and-mortar stores on the Chinese mainland in 2016.

In addition, the company recently confirmed the sale and franchise of its retail business in Hong Kong and Macao to the United Arab Emirates-based conglomerate Al-Futtaim Group.

The British company, owned by the Arcadia group, said the expansion follows the acquisition of its Chinese mainland franchise by Beijing-based luxury online retailer Shangpin.

Through its O2O platform, Huitongda provides franchise members with training tools, financing, supply chain management, and sales support to better serve their rural customers.

Based on Disney and Pixar's Toy Story franchise, the upcoming land will feature three attractions: Slinky Dog Spin, Rex's Racer and Woody's Round-Up.

The new area will offer three main attractions, a meet and greet area, a boutique store and a restaurant, all of which feature characters from the long-running Disney Pixar franchise, said Jim Shull, executive creative director overseeing the company's parks and resorts segment.

IHG (InterContinental Hotels Group), one of the world's leading hotel companies, announced on Monday in Beijing that it will extend its franchise offerings in China to its upscale and midscale brands－Crowne Plaza Hotels & Resorts, Holiday Inn and Holiday Inn Resort－further accelerating its growth in China.

The company has signed a strategic partnership with China Travel Service Hong Kong ltd (HK CTS), a State-owned leading tourism company to operate multiple hotels－and about 20 hotels in the pipeline－under a franchise model.

Among those, IHG has signed the Holiday Inn Beijing Lido on a franchise contract.

IHG's existing Crowne Plaza Beijing Lido hotel will transfer from a managed to a franchise contract in early 2018.

IHG has also granted a franchise license to another long-term partner in the country, Shanghai China Coal Mansion Co Ltd, for its existing Holiday Inn Shanghai Pudong property.

The hotel will transfer from a managed to a franchise contract in early 2018.

The move is the follow-up to the hotelier's previous launch of a "Franchise Plus" model for the country in May 2016.

"Franchise Plus" is tailored specifically for Holiday Inn Express, IHG's mid-ranged hotel brand.

Jolyon Bulley, chief executive of IHG Greater China, said: "Based on the maturity of the industry and sophistication of Chinese owners, we believe that now is the right time to expand our franchise model.

IHG is one of the largest franchisers in the hotel industry, with more than 80 percent of its nearly 5,300 hotels around the globe operating under franchise models.

Bulley said the group will grow the franchise business in China, working with established strategic partners who have proven track records of superior hotel management and operations experience.