Peking University and Beijing Development Area Company have jointly announced they will establish an upscale low-carbon industrial park research and development center in Beijing to act as a benchmark for the development and construction of upscale low-carbon industrial parks as well as the setting of relevant standards.

Chinese PC maker Lenovo has announced that it has signed an information technology strategic framework agreement with the government of Turkmenistan to provide comprehensive information services to the country.

Chinese meat and food processing company Zhongpin Inc. has received two payments totaling CNY21.4 million in cash subsidies from the Chinese government to help it expand its production capacity.

Chinese telecom equipment maker Huawei Technologies has announced the launch of its 2009 recruitment drive.

Companies wishing to start a new business in Beijing now have a streamlined online approval process to assist them through the troublesome procedures.

China's first voluntary carbon emission deal has been reached at the China-Beijing Environmental Exchange.

LED lighting company U-Tron (Beijing) Electronics has signed an OEM agreement with the Tucson, Arizona-based electronics company Intelight.

U-Tron (Beijing) Electronics Company has announced that its European distributor, ELEDE, will be exhibiting the entire range of U-Tron LED products at Elmassa Stockholm 2009.

Chinese Internet shopping platform Taobao.com has confirmed that the company has set up a subsidiary in Beijing, and Wu Yongming, former general manager for Alimama.com, will be general manager for this new branch.

Semiconductor Manufacturing International Corporation, one of China's largest semiconductor foundry, has announced the successful completion of its first 45-nanometer high performance yield lot.