UPS has opened two retail centres in Shanghai as the company's first such venture, said the comapny in a statement. Located at key central business areas, one store is at the Shanghai Stock Exchange building and the other is in the Shanghai Mart Convention Center. Both are owned and operated by UPS and offer extended operating hours to attract nearby businesses. In 2005, the company took direct control of its operations, serving more than 330 cities in China, which represent 85 percent of the country's international trade activity. UPS, which also expanded its air operations in China throughout 2006, has grown its China workforce to more than 4,000 employees.