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Byline: Zurinna Raja Adam
CHINA-BAS ED shoemaker Xingquan International Sports Holdings Ltd hopes to maintain a 30 per cent sales growth in the current year to June 30 2010, encouraged by its venture into western China.
The group plans to open 50 stores by then, in five new provinces namely Shaaxi, Gansu, Qinghai, Guizhou and Ningxia, which have a total population of about 100 million.
Xingquan is now present in 20 out of the 30 provinces in China. It has 1,400 outlets and aims to have 2,000 stores by June 2010.
"With the emerging of industrial area, western China is another growth area for the government," executive chairman and chief executive …