China's Shanghai Pudong Development Bank has published its annual financial report for 2008, stating that its net profit increased by 127.61% year-on-year to CNY12.516 billion while its earnings per share increased by 127.7% to CNY2.21.

Lotte Mart, the wholly-owned supermarket subsidiary of the Korean Lotte Group, has signed a contract with Tianjin Beichen Construction and Development Company to jointly build a hypermarket in Beichen, Tianjin.

According to the National Bureau of Statistics, retail sales in China reached CNY2.94 trillion in the first quarter of 2009, a year-on-year increase of 15%.

Wal-Mart China is said to have begun a program to optimize the structure of its middle level management.

Beijing, China (April 21, 2009) /ChinaNewswire.com/ — Beacon is delighted to announce that Hank Walther from the US DEPARTMENT OF JUSTICE will be speaking via teleconference at their forthcoming, must-attend Anti-Corruption China conference being held in Beijing between 19-21 May 2009.
Mr Walther will present a keynote speech on FCPA & Anti-Bribery Law Enforcement in [...]

Shanghai, China (April 21, 2009) /ChinaNewswire.com/ — With support from World Green Building Council, UNEP SBCI and Purdue University, IGVision will hold the China Sustainable Building Summit 2009 on June 29 to July 1, 2009, in Shanghai, China, together with the Sustainable Building Expo during the same period.
Overall we expect more than 300 high [...]