Chinese social networking website Renren.com has announced that it will launch an interest-free housing scheme, and employees can apply for loans of between CNY200,000 and CNY400,000.

Chinese B2B e-commerce group Alibaba has announced plans to launch a CNY3 billion housing loan scheme for its employees and a CNY500 million education fund to solve the preschool and primary education problems of children of its employees.

Chinese technology company Founder Technology has published its last semi-annual financial report before transferring its PC business to Acer.

China's Ministry of Commerce, Ministry of Finance, and Ministry of Environmental Protection have jointly published a "Home Appliances Trade-in Promotion Program", stating that from June 1, 2010, the policy will be launched in 19 additional provinces and cities, in addition to the existing nine pilot provinces and cities, and the implementation period of the policy [...]

According to reports in local media, the one-year-old home appliances trade-in policy, which was supposed to conclude at the end of May 2010, has been prolonged to the end of 2011 in Beijing, and the subsidy rates remain unchanged.

Chinese electronics retailers Dazhong and Gome have announced that they have launched mobile phone trade-in activities in Beijing, offering up to CNY200 subsidies for old phones.

China's Ministry of Commerce has announced plans to cancel the eligibility of 24 previously selected enterprises, including well-known brands such as Amoi, Shinco, and Inspur, for the country's rural home appliances and electronics subsidy scheme.

China's Ministry of Commerce has recently published the latest performance statistics for the country's rural home appliances and electronics subsidy scheme and stated that by October 31, 2009, the total sales within the scheme had reached CNY50.842 billion.

Chinese e-commerce and auction website Taobao.com has launched an initiative based on TaobaoOpenPlatform to provide funds to support software developers in China.

Chinese telecom operator China Mobile has signed a strategic framework agreement with China's Ministry of Agriculture for jointly promoting digital information development in China's rural areas.

According to Beijing Times, Haidian district in Beijing offered CNY13.1 million as employment and social insurance subsidies to eight Chinese companies that have been hit by the global financial crisis.

Chinese B2B e-commerce group Alibaba has signed a cooperative agreement with Chengdu Hi-Tech Industrial Development Zone on its new western base project, making Chengdu the first stop for the group's domestic distribution apart from its Zhejiang headquarters.

Two months after its closure, Electrolux' refrigerator plant in Changsha has recently been acquired by Hunan Hualiang Electric Industry Appliances.

Taiwan-based electronics manufacturer Hon Hai Precision has announced that it will cooperate with Taiwan's Institute for Information Industry to develop a cloud computer software plan, which will be launched in June 2009.

Chinese telecommunications operator China Mobile has selected six PC makers, including Lenovo Group, Founder Technology, Tongfang, Haier, HP, and Dell, as its 3G netbook partners.