Leasehold sector has been in operation for more than 20 years but progress has been slow. Recent moves to optimize taxes in the sector, to apply new accounting standards and to encourage banks to finance leasehold investments would help boost development in the sector.

CEO of Lenovo Group Limited Europe, William Amelio, said that Lenovo’s track to internationalization focuses on raising awareness on its highly improved brand reputation.

Linktone Ltd., a provider of wireless entertainment, media, and communication value added services to consumers in China, announced today that the Company made a strategic investment in Beijing Center National Radio Media, Ltd. (BCNRM), a nationwide advertising company, as part of its ongoing strategy to develop interactive programming with traditional media outlets such as television, radio, and print.

Chinese solar power equipment maker LDK Solar Hi-Tech plans to raise about 300 million US dollars in a listing on the U.S. Nasdaq stock market next year, Reuters reported, citing the South China Morning Post.

China Certified Accountants Association urged local accountants to undergo training to become internationally recognized and market-oriented in response to soaring and changing demands for their services.

Global eyewear maker and retailer Luxottica Group SpA today is launching a LensCrafters store in Beijing, as the Italian company expands in the Chinese eyewear market, The Wall Street Journal reported.

Logistics services are likely to become one of the fastest growing industries in the next 10 to 15 years.  If GDP continues to grow by 8.5 percent annually, the sector is seen to expand by 16.7 percent every year by 2010. Are local providers up to the challenge?

Linktone Ltd., a leading provider of wireless interactive entertainment products and services to consumers in China, announced in a statement today that the Company will establish a joint venture (JV) with a subsidiary of Shandong TV Station (SDTV), one of the leading television stations in China, which will exclusively operate wireless value-added services for SDTV.

China's top sportswear company Lining entered a partnership with Miami Heat center Shaquille O'Neal here, as another big move for the brand to explore international market, People’s Daily reported.

Lenovo is going to equip a new line of PCs with AMD chips, The New York Times reported.