Sinopec Group, the Chinese petroleum and petrochemical enterprise group, and Yum Brands Inc., the parent company of KFC, Pizza Hut and many other well-know food brands, have signed a nationwide framework agreement for the joint development of restaurants in China.

According to the Zhejiang Provincial Bureau of Industry and Commerce, the Japan-based automobile manufacturer Toyota has been selling uncertified automobile parts in China.

Statistics released by Beijing Statistics Bureau show that retail sales in the Chinese capital increased by 15.1% year-on-year to CNY96.77 billion in the first two months of 2010.

Jiang Zengwei, the deputy director of China's Ministry of Commerce, and Fang Aiqing, the assistant director of the Ministry of Commerce, said during an interview that China plans to boost its overall consumption through five measures.

According to statistics from the Chinese National Bureau of Statistics, the country's total retail sales increased by 14.8% in April 2009.

According to the statistics provided by China's Ministry of Commerce, during the three-day May Day holiday retail sales of 1,000 major retailers in China reached CNY12 billion, a year-on-year increase of 9%.