China's Ministry of Culture has formally initiated a plan for upgrading the digital content of the Internet cafe industry in order to meet the growing demands of the netcafe industry and carry out effective management.

Haier Group has formally joined EPCglobal, giving a big push to implementation of wireless standards in China.

A survey conducted by Beijing Zhongguan Economic Survey Company shows that more than 80% of Chinese support mobile phone real name mechanisms, which may come out at the end of this year.

Genesys Conferencing (GNSY) opened a new software development center in Shanghai.

Siemens Corporate Technology has celebrated the official opening of its Siemens Corporate Technology China research center in Beijing.

Actions Semiconductor (ACTS), one of China's leading fabless semiconductor companies that provides comprehensive mixed-signal system-on-a-chip
solutions for portable consumer electronics, has reported financial results for the third quarter ended September 30, 2006.

IBM (IBM) and Lehman Brothers (LEH) announced today they are working together to create the China Investment Fund with an initial capitalization of US$180 million.

Alibaba.com has entered into an agreement for a strategic investment in Koubei.com, one of China's largest classified listing and community websites.

China's first National RFID Industrial Zone has formally opened in the Zhangjiang area of Shanghai.

ChinaPay, an electronic payment service company under China UnionPay, has signed a letter of intent with INICIS from South Korea and Econtext from Japan on possible future cooperation.

The Electronic Development Fund of the Ministry of Information Industry of China says that it will provide funding for "AVS core CMOS Chip" and another project of Spreadtrum Communications in Shanghai.

Online learning solutions firm SumTotal Systems (SUMT) says that Great Wall Computer will serve as SumTotal's first Chinese "value added distributor."

Wu Chunlei, general manager of Dragon Mobile, a wholly-owned affiliate of Shanghai Media Group, has told local media that his company is going to merge with SMG New Media, another affiliate of SMG.

IAC/InterActiveCorp's (IACI) Ticketmaster, has expanded its global ticketing operations into China and will serve as the ticketing services exclusive supplier of the Beijing Organizing Committee for the Games of the XXIX Olympiad in China.

Chinese web portal Sohu.com (SOHU) says its net earnings fell to US$6.6 million, from US$8.03 million a year ago, as it reported unaudited financial results for the third quarter ended September 30, 2006.