Formed by Chinese banks, securities institutions, e-commerce websites and domain name management and service organizations, the China Anti-phishing Website Alliance has been founded to fight phishing websites through better management of domain names and domain name servers.

In accordance with the requirement of Chinese Banking Regulatory Department, the Industrial and Commercial Bank of China, one of the four major national banks in China, has publicly released its Social Responsibility Report 2007.

Ericsson and United Nations Development Programme have signed an agreement to explore ways for mobile telephony and networks to improve access to health, government, education and financial services in rural China.

The Citi Foundation has announced a three-year US$11.2 million international grant program, in partnership with the SEEP Network to advance the integration of microfinance into the mainstream economies of developing countries, including China.