Foreign technology manufacturers are worried about China's new Indigenous Innovation Product Accreditation Program.

U-Tron (Beijing) Electronics Company has announced that it has signed an exclusive agency agreement with the Canada-based LECC Consulting Group appointing LECC as U-Tron's exclusive agent in Canada, Mexico and Indonesia.

Canadian Solar Inc and Helio Micro Utility have signed a five-megawatt solar photovoltaic module purchase agreement which aims to help CSI expand its presence in the United States and enable HmU to speed up its provision of investment grade solar power equipment to its own projects and other installers.

International sports apparel maker Nike has announced plans to invest USD99 million to build a new distribution center in the Taicang Economic Development Area, Jiangsu, to reinforce its future development in China.

According to reports in local media, Vice Commerce Minister Jiang Zengwei stated at a recent press conference that there would be no "Buy China" policy and added that domestic and foreign products would be treated equally as long as they are needed.

The global financial crisis has hit Chinese PC maker Lenovo and it has announced that it will cut approximately 11% of its total global workforce, while the company expects to report a loss for the fiscal quarter that ended December 31, 2008.

The Appellate Body of the World Trade Organization has published a report on the settlement of the automotive component disputes between China and the three parties of the United States, the European Union, and Canada.

China's Chana Auto Company has signed a cooperation agreement on zero-emission electric vehicles with the Canadian company Electrovaya, a world leader in the design, development and manufacture of its proprietary Lithium Ion SuperPolymer battery systems.

U.S. IT and services company CSC is to open a new information technology services delivery center in Tianjin.

While the world economy is heading to the toilet and Chinese manufacturers are preparing to feel the pinch because their overseas buyers will have no cash, Alibaba.com is hoping a new round of international advertising will maintain its growth with helping connect Chinese suppliers with foreign customers.