Wal-mart stores, inc. Was founded in Arkansas in 1962 by Sam Walton, the legendary American retailer.After more than four decades of growth, wal-mart stores inc. has become the largest private employer in the United States and the largest chain retailer in the world.Today, wal-mart operates more than 6,600 stores worldwide, employs more than 1.8 million people in 15 countries.Wal-mart has 176 million customers a week. 
 
With global sales of $312.4 billion in 2005, wal-mart topped fortune's global 500 list of most admired companies for several years in a row.Wal-mart is also rated as one of the "most admired companies" and "best companies to work for" in several countries.In November 2005, wal-mart was again named the "best employer of the year 2005" by fortune China. 
 
Wal-mart entered China in 1996, in shenzhen opened the first wal-mart shopping plaza and Sam's club stores, after ten years of development, is now in shenzhen, dongguan, dalian, kunming, shantou, fuzhou, shenyang, xiamen, Harbin, changchun, changsha, Beijing, nanchang, jinan, Qingdao, tianjin, taiyuan, wuhan, nanjing, nanning, guiyang, chongqing, Shanghai, jinjiang, yuxi, wuhu, weifang, yueyang, zhangzhou, chengdu and yantai, jinhua, jiaxing, wuxi 34 cities opened 66 stores, including wal-mart shopping plaza, Sam's club stores, wal-mart stores three formats,Among them, there are 61 wal-mart shopping square, 3 Sam's club stores and 2 community stores.Wal-mart has invested 1.7 billion yuan in China and created more than 33,000 jobs.As an outstanding corporate citizen, wal-mart has been actively carrying out community service and public welfare activities since its entry into China. In the past ten years, wal-mart has donated more than 23 million yuan of goods and funds to various charitable and public welfare undertakings. 
 
In China, as in the rest of the world, wal-mart has always maintained the company's fine tradition of focusing on opening every store, serving every customer, and always providing customers with high-quality, cheap, diversified products and friendly services.Every time wal-mart opens a store in China, it introduces advanced retail technology and innovative retail concepts.While stimulating competition, it also helps to improve the level of operation and service quality of the local retail industry, thus promoting the common prosperity of the local economy. 
 
Wal-mart's operations in China always adhere to local procurement, provide more jobs, support local manufacturing, and promote the development of the local economy.Currently, more than 95% of the products wal-mart sells in China are local.To date, wal-mart has partnerships with nearly 20, 000 suppliers.Wal-mart always regards suppliers as partners and develops together with them.From 2003 to 2005, wal-mart ranked the first among the retailers with the highest comprehensive evaluation of FMCG enterprises in the research survey on the collaboration between Chinese retailers and FMCG enterprises sponsored by China chain operators association.In August 2006, in the "supplier satisfaction survey report 2006" organized by Shanghai business situation and FMCG research center, wal-mart topped many satisfaction indexes and was rated as the "satisfactory chain enterprise" by suppliers.In addition, wal-mart buys about $9 billion of Chinese exports directly each year, and estimates more than $9 billion in indirect purchases。