German engineering giant Siemens has signed a memorandum of understanding with the Guangzhou Institute of Energy Conversion of the Chinese Academy of Sciences in Guangzhou to conduct a joint sustainability study on the city' s urban development.

The Chinese state-owned mining and energy company, Shenhua Group, is developing a carbon dioxide capture and storage project that is reported to be the first of its kind in China, in Erdos, Inner Mongolia.

What is reported to be China's first private equity fund focused on the country's low carbon economy, the ZheShang Nuohai Low Carbon Fund, has been formally established.

The newly established Shanghai International Energy Conservation and Environment Development Company plans to build the Shanghai International Energy Conservation and Environment Park into the first low-carbon technology research and promotion center in China.

The French Development Agency has signed an agreement with China's Ministry of Finance on expanding its loans to EUD120 million to support enterprises engaged in energy conservation and renewable energy in China.

China Southern Power Grid Corporation Limited has issued a special document to show its support for new energy development.

Hangzhou-based Elan Inn is offering a carbon rewards program to encourage guests to save energy and help reduce carbon emissions.