U.S.-listed company incubator, Intermost Corporation, is in the process of acquiring APT Paper Product Company, an environmental paper products companies in China.

According to Fu Mengxi, vice president for Wal-Mart (China) Investment Co., Ltd., the company will open a new Sam's Club in Pudong, Shanghai in 2009.

At a gathering of more than 1,000 leading suppliers, Chinese officials and non-governmental organizations in Beijing, Wal-Mart has outlined a series of goals to build a more environmentally and socially responsible global supply chain.

Lee Scott, chief executive of Wal-Mart, says that Wal-Mart will meet its thousands of Chinese suppliers in fall this year to advocate energy saving and emissions control.

Following recalls and concerns over toy safety in China, Wal-Mart has begun sharing its new Toy Safety Net standards with all toy suppliers to ensure requirements and guidelines for material content in toy products, and testing, will impact all new toys and toy re-orders.

According to Chinese media, Wal-Mart Shenzhen Sam's Club has been refusing to sell Chinese brand color TV by exclusively selling foreign brand color TV sets since it was relocated to Qiaoxiang Road at the end of 2005.

Wal-Mart China announced the reopening of the Tianjin Distribution Center, after relocation.