China's State Food and Drug Administration has published a bulletin in which it exposes 30 websites that have been allegedly selling fake medicines.

Chinese enterprise management software and e-business application solution provider Kingdee International Software Group has announced plans to acquire the Shenzhen-based Sunsoft Software Technology Company.

According to reports in Japanese local media, about 100 Japanese enterprises will open online stores in China in the next few months and sell their products via the Internet, aiming to realize sales of JPY4 billion in the first year of their operation.

By ChinaTechNews.com Editorial Team The uproar this week over Chinese Internet search engine Baidu.com's (BIDU) pharmaceutical paid search listings and advertisements gives further reason to believe that stock analysts should drop the "yst" from their monikers and Baidu's management should be hung out to dry.

Daoyao.com, the online drugstore branch of Shanghai Fosun Pharmaceutical, has announced that the company reached an agreement with the third-party Internet payment platform 99bill.com to jointly develop a business in the online drugstore sector.

NW Tech Capital is increasing its stake in the Zhuhai Jialun Guangcai Chain Drugstore Company by targeting the additional acquisition of proprietary enterprise software currently in use by over 2,000 pharmacies in China.