Wal-Mart launched its first credit card in China over the weekend, co-branded with Bank of Communications, the Wall Street Journal reported.

Since the government has drafted a series of energy-saving objectives the market for energy-saving products will be given a small foundation to grow on. China News investigated how such products could overcome the  current resistance and become popular in the Mainland.

Wacker-Chemie GmbH AG's China sales may increase by more than half this year as the German maker of chemicals for consumer products and supplier of silicon wafers to Intel Corp. and Samsung Group taps rising demand.

Weichai Power, a major diesel-engine maker in the Mainland, will gain a dual listing in Hong Kong and China after the completion of its strategic merger with Torch Automotive gRoup, a Shenzhen-listed heavy trucks and gearboxes producer, The Standard reported.  

Although China’s rare earth reserves are among the highest in the world, experts said that current mining techniques and pricing strategies are damaging to the sector. What can the industry do to exert greater influence at home and aboard? Economic Information Daily reported.

Time Warner is in talks with Shanghai Shimao to add movie screens in Shanghai to attract patrons to Hollywood films, The Standard reported.

Dutch publisher Wolters Kluwer has received regulatory approval to open in October what will be China's first foreign-operated bookstore for professional publications, Forbes reported, citing the Financial Times.

Win Hanverky Holdings, the largest apparel supplier for the adidas Group in China, is likely to price its initial public offering shares close to the top of the indicated range after its retail tranche was more than 300 times oversubscribed, The Standard reported, citing market sources.

Facing challenges posed by domestic wine labels, foreign wine labels’ penetration to the Chinese market is obstructed by a lack of knowledge about the Chinese market as well as complicated sales channels, China Business News reported. 

The infrastructure constructed for the World Expo 2010 in Shanghai is expected to be part of the efforts to transform urban facilities and readjust industries’ patterns, People’s Daily reported.