According to reports in local media, 70 retail enterprises and 200 suppliers recently gathered in Beijing and signed the "Proposal for Fair Cooperation and Promotion of Retailers and Suppliers".

The State Administration for Industry and Commerce has issued an emergent circular which says that retailing markets shall be held responsible when retailers in the markets provide substandard plastic bags or plastic bags free of charge.

Xinyu Hengdeli, a mainland China luxury watch retailer, has announced plans to open at least 26 new stores in the second half of 2008.

Japanese retailing giant Aeon has donated JPY25 million through the Chinese Embassy in Japan for the protection of the giant pandas in Wolong, Sichuan.

American electronics retailer Best Buy has withdrawn from the Beijing market and closed their office in China's capital city.

ITAT, the international apparel brand and department store chain, has signed a strategic cooperation agreement with Sports Direct in Shenzhen.