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Americans' credit-fueled hunger for goods sparked a worldwide export boom. Now, with the decline in export demand from recession-hit Western economies, global market observers believe that the increasingly affluent Chinese consumer might become the new engine of prosperity. Page 2

As China's vehicle output nears the 10 million mark, an increasing number of Chinese automakers are stepping up production of hybrid and electric cars. Page 3

Sweden, one of the world's leading countries in clean technology, is aggressively looking for opportunities to partner with China, one of the world's larger "green" markets. Page 3

Wind power could meet China's electricity demands through 2030 and cut carbon dioxide emissions in China by 30 percent, say US and Chinese researchers. Page 3

German company Siemens has started construction on a 581 million yuan wind power equipment factory in Shanghai, marking its entry into China's wind power market. Page 4

Recycling milk cartons is now possible, thanks to the commercialization of a new technology developed in East China. Page 4

The United States and China are in a race to become the world's top market for solar power, and solar panel makers are wasting no time trying to cash in on their plans. Page 4

Novo Nordisk President and CEO Lars Rebien Sorensen describes his company's "long-term strategic commitment to China" in coming years. Page 5

Most companies tend to reduce their spending during the economic slowdown. But US technology giant International Business Machines (IBM) seems to regard the downturn as a critical time to invest. Page 5

As a company manager, Huang Xiang gets to wear jeans to work every day while she promotes her casual dress style to more Chinese youth. Huang is vice general manager of Jasonwood, a Chinese jeans and casual wear brand based in eastern China's Zhejiang province that is growing sales this year. Page 5

Jebsen Group, a Hong Kong-based marketing and distribution company, is accelerating its investment in the Chinese luxury consumer market, where demand for luxury goods remains unabated despite the recession. Page 5

More foreign brands and companies are looking at the Chinese market for growth as the country attaches more importance to intellectual property rights (IPR) protection, technology and innovation. Page 9

China Mobile, the world's largest telecom carrier by subscribers, is dedicating 100 million yuan to establish the China Mobile Charity Foundation, the first private foundation of a Chinese telecom carrier. Page 10

The current huge volume of charitable donations has posed a challenge to officials to examine the entire decision-making and management process to be able to show donors how each contribution is used. Page 10

While the economies of the United States and Europe are still recovering, Chinese companies and exporters are turning to emerging markets to divert possible risks. Page 12

(China Daily 10/26/2009 page1)