Retail giant Costco opens new store in south China

SHENZHEN, Jan. 12 (Xinhua) -- U.S. retail giant Costco Wholesale on Friday opened a new store in the city of Shenzhen, south China's Guangdong Province, which is the sixth Costco store on the Chinese mainland.

The store, located in Longhua District, covers a total area of 44,500 square meters with nearly 15,000 square meters of shopping space.

It marks a crucial step in the retail giant's expansion into s