China's B2B e-commerce group Alibaba and Shanghai Rural Commercial Bank have reached a comprehensive strategic cooperation agreement to jointly provide services to small- and medium-sized enterprises as well as farmers in rural areas in China.

Bank of Beijing has opened its fifth branch out of Beijing in Hangzhou to offer help to small and medium size enterprises during the global financial crisis.

Hisap, one of the largest IT products retailers in China, has signed a strategic agreement with Digital China, the largest IT distributor and IT services provider in China, to provide a range of services to China's small and medium enterprises.