Walmart (China) Investment Company and Walmart Global Procurement office have announced that they have signed a memorandum of understanding on environmentally sustainable development cooperation with Zhonglin Tianhe (Beijing) Forest Certification Center of State Forestry Administration Of China, to jointly promote global environmentally sustainable development activities and practices, including forest certification.

China's Ministry of Commerce has issued a notice to regulate the sales activities of foreign-invested enterprises that are engaged in either Internet sales or vending machine sales.

China's Ministry of Culture has published announcements on its official website stating that it has issued the first batch of four licenses for operating Internet cafe retail chains in China.

According to Ouyang Weimin, the director of the Payment System Department of the People's Bank of China, PBOC plans to issue licenses to Chinese online third-party payment platforms to bring more competition and a higher level of security into this sector of the industry.

Li Ning has announced that the company has signed an agreement with the Italian sports brand Lotto Sport and gained a 20-year exclusive concession in China for no less than HKD1 billion.

Toys"R"Us, one of the largest American toy retailers, has opened a store at Huijin Plaza, Wuxi in Jiangsu Province.