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

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.

According to Qiu Changheng, vice president of Alipay, China's first e-commerce credit system is expected to be launched by the end of 2009 and the system will fully cover small and medium-sized enterprises and individual users.

According to a circular from the general office of the State Council, China will establish a ministry-level joint meeting on the management and supervision of loan guarantee services.

The China National Development and Reform Commission has published the fourth issue of its energy efficiency labeling catalog, which says that six kinds of home appliances should be sold with energy efficiency labels.

China's National Development and Reform Commission has signed a two-year agreement with Japan-based Hitachi on the implementation of a small and medium enterprise energy-saving and emission reduction demonstration program.