Alipay.com, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has launched a new convenient Internet payment service.

During the Information and Communication Technology and Urban Development Forum, the first official forum of the 2010 Shanghai World Expo, held in Ningbo, Zhejiang, an official from the Ministry of Industry and Information Technology of China, revealed that China's convergence of its three networks may cover all cities in three to five years.

China's Ministry of Industry and Information Technology has stated on its website that during the first quarter of 2010, China's software industry maintained stable development, with significant increase of revenue from the service sector.

Wireless broadband firm ChinaTel Group Inc. says it will deploy a high speed wireless broadband telecommunications network across 29 cities in China by the end of this year.

Chinese telecommunications equipment maker Huawei has delivered the CDMA networks in 30 major Chinese cities, including Guangzhou, Shenzhen, Xi'an, Suzhou, Ningbo, Tianjin and Urumqi, to China Telecom.

AOC, one of the world's top Chinese monitor manufacturers, has announced plans to build a LCD module and LCD television plant in the flat-panel and LCD monitor industrial base in Nanhai District, Foshan, Guangdong Province.

Ningbo Bird, once the top Chinese mobile handset maker, has released its semi-annual report which says the company realized revenue of about CNY1.29 billion in the first six months of 2008, a year-on-year decrease of 39.32%, but a loss of CNY22.08 million in net profit.

Chinese Internet search engine Baidu (BIDU) has announced that the company has completed adjustments to its e-commerce platform and it will now accept up to 10,000 applications for beta testers.

According to the China Online Shopping Survey 2008 released by China Internet Network Information Center, the total online shopping value in the four municipalities and 15 developed cities in China reached CNY16.2 billion in the first six months of this year.