IBM's lending unit has signed a financing deal with Advanced Micro Devices and its distributor network to begin the flow of cash and credit in Tianjin Binhai New Area.

Taobao.com, the Internet shopping subsidiary of the Chinese B2B e-commerce group Alibaba, has announced that it will cooperate with China Mobile to launch a new mobile phone short message-based price comparison service.

China Mobile Zhejiang branch has announced plans to cooperate with Zhejiang Alipay Internet Technology, the online payment subsidiary of the Chinese B2B e-commerce company Alibaba Group, to provide an additional payment channel for the customers of its online store.

Chinaedu.com, an affiliate of Hongcheng Education Group, has donated eight sets of education resources to Spring Rain Project and launched eleven aid stations to assist in China's rural education.

Alcatel-Lucent will soon deploy 3G WCDMA networks in 14 Chinese provinces and municipalities.

In response to media reports this week which stated China Unicom has signed an agreement with Apple to introduce Apple's iPhone into China, a spokesperson from China Unicom says "no comment at the current stage".

Founder Technology has published a notice stating Ma Zheng, past general manager for Lenovo's (LNVGY) digital peripherals, has now hopped to rival Founder Technology and will be the company's vice president responsible for the notebook customer group.

Chinese telecommunications operator China Unicom has announced that after launching online enquiry and payment functions for mobile phone users across China, the company has now opened a fixed line payment function that is available in 10 northern Chinese cities and provinces, including Beijing, Tianjin, Hebei, Heilongjiang, Liaoning, Jilin, Shandong, Shanxi, Inner Mongolia and Henan.

According to the report of China News Service, at the historical moment when the whole world were watching the Bird's Nest in Beijing on August 8, 2008, a website in Langfang, Hebei Province was closed by local copyright department for illegally broadcasting Olympic-related activities.

The People's Government of Hebei Province and China Netcom signed a strategic cooperative agreement at Bailou Hotel, Shijiazhuang this week.

According to the report on the governing of the charges of telecommunications service providers released by the Ministry of Industry and Information Technology of China on August 5, 2008, four service providers were suspended, pending rectification, in the second quarter of 2008.

According to Chen Weiliang, president of Foxconn International, Foxconn will move its factories from Shenzhen to northern Chinese provinces such as Hebei and Shanxi where the average salary is more than 60% lower than that of Shenzhen, to save costs.

Chinese media reports that China Mobile (CHL), one of the major mobile service providers in China, is slowly taking over the TD network of China Netcom and China Telecom (CHA).

China's State Administration of Taxation is investigating the stub invoices of value-added tax paid by the three major home appliance retailers Gome, Suning and Dazhong, which are suspected of reporting decreased revenue to evade taxes.