About 30% of underwear products for children were found to be substandard in a spot check conducted by Hebei Provincial Fiber Inspection Bureau.

Taobao.com, the Internet shopping subsidiary of the Chinese B2B e-commerce group Alibaba, has announced that it will cooperate with China Mobile to launch a new mobile phone short message-based price comparison service.

Beijing-based supermarket retailer Jingkelong has published its financial report for the first half of 2009, stating that its revenue decreased by 3% year-on-year to CNY3.249 billion.

Beijing-based retailer Jingkelong has published its annual report for 2008, which states that its total revenue increased by 18.7% year-on-year to CNY6.694 billion while its net profit increased by 25.8% year-on-year to CNY157 million.

Beijing Sanyuan Food Company has won the bidding for Sanlu with a bid of CNY616.5 million at the public auction of part of Sanlu's assets held by by Shijiazhuang Intermediate People's Court.

Sponsored by Sichuan government's office in Beijing and the Sichuan Entrepreneurs Association in Beijing, Beijing Chuantotem Trading Company has been opened in Beijing.