Chinese Internet shopping website Taobao.com has announced that it has cooperated with its sister company Alipay.com and Bank of China in the launch of a co-branded credit card.

Shanghai M Macalline Group and Dalian Huanan Group have signed an agreement in Dalian to open a new M Macalline store in the city's Zhonghua road business area.

The international food and beverage giant Yum! Brands plans to acquire an additional 7.3% stake in the Chinese hot pot restaurant chain Little Sheep after taking a stake of over 20% in the company earlier this year.

Liu Zejun, the director of the Beijing Aiguo Weisheng Commission, has disclosed to the media that Beijing will work out measures on the revision of the No Smoking Rule in 2010, after an evaluation is made before the end of 2009 on the results of the current smoking ban in the city.

Dio Coffee, China's largest coffee chain enterprise, has said that it plans to launch its initial public offering in Hong Kong within three years.

Taiwan-based retail chain Rt-Mart has officially entered Binzhou in Shandong by laying the foundation of its first supermarket in the city.