Statistics published by Ministry of Industry and Information Technology of China showed that by the end of November 2012, China had 1.104 billion mobile phone users, including 220 million 3G users.

Chinese electronics and home appliances retailer Five Star Appliance announced its new expansion plan in Zhejiang and the company plans to open six to ten new chain stores in the province in 2012.

Chinese electronics and home appliances retailer Suning has published a report, stating that the company's net profit for 2011 will realize a year-on-year increase of between 20% and 25%, and it plans to open over 400 new chain stores in 2012.

Panasonic will cooperate with Hangzhou Dadi Environmental Protection Engineering Company Ltd., Dowa Holdings Company Ltd., and Sumitomo Corporation to form a jointly-held company, Panasonic Dadi Dowa Summit Recycling Hangzhou Company Ltd., in China.

Chinese telecom operator China Unicom and Five Star Appliance, Best Buy's electronics retail subsidiary in China, have signed a strategic cooperation agreement covering various services of China Unicom.

Rumors on the Internet revealed that the Chinese B2B e-commerce group Alibaba has set up a commercial bank subsidiary, which has gained the approvals of the People's Bank of China and China Banking Regulatory Commission.

Chinese B2B e-commerce website 99114.com has announced plans to invest CNY10 million to set up an operating center in Jinhua, Zhejiang, to promote regional economic development.

U.S.-based American firm Zap has signed definitive agreements with China's Jonway Group to acquire 51% stake in Zhejiang Jonway Automobile Company Ltd.

The General Office of the State Council of China has published the list of the first batch of pilot regions and cities for the convergence of three networks, including the telecom network, the Internet network, and the broadcasting network.

The once-postponed mobile phone reading service of China Telecom will now reportedly be formally launched in late July 2010.

Chinese B2B e-commerce group Alibaba has established a small loan company in Zhejiang to provide loans below CNY500,000 to its sourcing and procurement clients in Zhejiang.

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 [...]

Zhejiang province's first comprehensive Internet platform focusing on rural tourism, zhejiang.com.cn, has been formally launched.

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 Telecom plans to establish a product center and will set up six content bases in five cities in China to develop a wider array of 3G software applications.