Despite hopes for economic recovery, China's exporters failed to get much encouragement from the recent East China Trade Fair in Shanghai with the number of deals 39% down on those in 2008.

AOC, one of the world's top Chinese monitor manufacturers, has announced plans to build a LCD module and LCD television plant in the flat-panel and LCD monitor industrial base in Nanhai District, Foshan, Guangdong Province.

The Automation and Drives Group of Siemens China has extended its portfolio by acquiring low-voltage control component manufacturer Shanghai APT.

According to FedEx Express, the company has reduced the shipment fees of its China domestic services from June 2008.