China says that, over the next two to three years, it will invest more than CNY90 billion on waste water treatment to ensure drinking water safety.

Since 2008, Standard Chartered Bank has been receiving complaints from clients in China because of a loss in its overseas wealth management services which was reportedly caused by a bribery scandal involving one of its employees.

Chinese e-commerce and auction website Taobao.com has launched an initiative based on TaobaoOpenPlatform to provide funds to support software developers in China.

Food and beverage giant PepsiCo has opened its first overseas "green" plant, in China.

According to a representative from China's National Development and Reform Commission, China has arranged CNY23 billion for energy conservation, emission control, and environmental protection since the fourth quarter of last year, which accounts for about 10% of the total investment.

Despite the slowing global economy and planned employee lay-offs around the world, German industrial giant Siemens has announced that it intends to invest considerably more in China than it had previously planned.

Huaneng Power International's Hunan Yongzhou Xiangqi Hydropower Station Project has been approved by the Development and Reform Commission in Hunan.