ING Capital Life Insurance Company Limited, ING Groep N.V.'s insurance joint venture with Beijing Capital Group, announced today that it had officially opened the doors of its Shandong Branch for business.

Ikea China has switched to slimmed-down booklets instead of the traditional phonebook-size annual catalog, as part of the cost-cutting efforts to prepare for business expansion in the country The Wall Street Journal reported.

In-building television is expected to be the next battlefield for advertisers. The Economic Information Daily reported on the roles this new media outlet would play in communications and advertising

IBM said on Wednesday it could open four offices annually in second-tier Chinese cities in coming years to take advantage of China’s economic growth and human resources, Reuters reported.

Cooled by rising fuel prices and decline of auto demands as well as bank loans, China's industrial production rose last month at the slowest pace since April, Bloomberg reported.

The continuous growth of investment, energy and raw materials prices would contribute to a more rapid inflation in the second half. As food and industrial products’ supply would be bigger than demand, China Securities Journal reported.

Intel's new launch of Core Duo Processors will drive the processor market to a turning point of competition, said a report released by Analysys International.

InterContinental Hotels Group has opened four hotels of 1,100 rooms during the one-month period from June to July 2006.

Telecom Communications, Inc. announced its subsidiary, IC Star MMS Limited has entered into an agreement with Sohu.com Inc., one of largest internet portals in China, said the company in a statement today.

China Insurance Regulatory Commission (CIRC) said that the insurance sector would strive to attract more investment and redefine some industry standards to create a more favourable business environment, Xinhua reported.