The Dairy Queen system, part of Berkshire Hathaway, recently celebrated the opening of its 500th location in Shanghai, China. 

"This was an auspicious occasion for our brand and we were very happy to share this celebration with our international partners in China," says John Gainor, president and CEO of International Dairy Queen, Inc. who, with his executive team, was in Shanghai for the grand opening.

The 500th DQ restaurant, located in the Hu Dong finance district in Shanghai, is operated by Shanghai Shida Catering Management Company, which has more than 350 Dairy Queen locations throughout southern and eastern China.

The Dairy Queen system has plans to open more than 100 new restaurants in China by the end of 2012.

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