Li Yue, president of China Mobile, said that by the end of October 2011, China Mobile has signed wireless city construction agreements with over 160 cities in 26 provinces in China, of which nearly 150 cities in 22 provinces had completed construction of basic wireless city platforms. At the same time, the company has developed [...]

After an upgrade, Apple changed the terms of use of its App Store in China and has started accepting Yuan-denominated settlement in the country. At present, Apple's App Store supports Renminbi payments with bank cards and credit cards issued by various Chinese banks, including China Merchants Bank, Industrial and Commercial Bank of China, China Construction [...]

China Telecom's Beijing branch has published a report, stating that it will open a mobile phone payment function for its eSurfing 3G users. With this new function, users can inquiry about their bank card balances, pay mobile phone fees, pay credit card bills, and transfer money between bank cards with their mobile phones. They can [...]

Chinese telecom operator China Unicom, which currently is an official reseller of the Apple iPhone, has launched its self-developed smartphone operating system, Wophone, which the company claims to be the first smart terminal operating system with independent intellectual property rights in China. China Unicom reportedly started the development of the operating system and the basic [...]

A representative from China Unicom's product innovation department revealed that the operator's mobile phone payment service is undergoing trial use in four cities, including Beijing, Shanghai, Guangzhou, and Chongqing, and the service will be formally put into commercial use in these cities from November 2010. The representative said that China Unicom's mobile phone payment service [...]

The China Telecom Chongqing branch has launched a new mobile payment platform for students, aiming to promote the information development on campuses via the Internet of Things technologies. With this platform, various cards, including student cards, cafeteria cards, and library cards can be integrated into mobile phones to realize real-time management and control as well [...]

China UnionPay has collaborated with commercial banks, mobile communication operators, and mobile phone manufactures for the establishment of the Mobile Payment Industry Alliance in China.
The Mobile Payment Industry Alliance aims to break the barriers in different industries to set up a platform for communication and close coordination for Internet payment services. Parties of the alliance [...]

Guangdong Development Bank and China Unicom have signed a strategic cooperation agreement in Guangzhou to improve the financial information service of the bank.
According to the agreement, China Unicom and Guangdong Development Bank will cooperate in the launch of one-stop information application services, including the establishment of a mobile phone group network, wireless POS, 3G mobile [...]

Chinese telecom operator China Mobile has finally published an official announcement, confirming that it will invest CNY39.8 billion to acquire a 20% stake in Shanghai Pudong Development Bank.
China Mobile Guangdong and SPD Bank have signed an agreement, under which China Mobile Guangdong will conditionally acquire the stake for cash consideration of CNY39.8 billion; while SPD [...]

China UnionPay and China Unicom have signed an agreement in Beijing to form a strategic [...]

Chinese telecom equipment maker Huawei Technologies has announced the launch of its 2009 recruitment drive.
The company published the recruitment program on its official website and states it will offer dozens of jobs, covering research and development, technology services, finance, economics, supply chain management, and legal. In addition, the company is reportedly placing recruitment information on [...]

Chinese travel company HNA Group has signed a strategic cooperation agreement with China Mobile Communications Corporation in Beijing for working on aviation information technology, corporate information application programs and communication outreach services.
China Mobile will provide communication resource services to HNA to improve the group's information application level. Taking advantage of HNA's achievements in tourism, logistics [...]

Chinese wireless value-added services company KongZhong Corporation today closed the round of financing with Nokia Growth Partners that gave the wayward Chinese mobile firm approximately USD6.8 million in 5-year convertible senior notes.
"I'm truly pleased to welcome Nokia Growth Partner's investment in KongZhong. As we prepare for 3G in the China mobile market, we are seeking [...]

Hunan Cable Television Network (Group) Holding Co., Ltd, an affiliate of Hunan Broadcast & TV Media Corp, has obtained a combined CNY3.3 billion loan from China Development Bank, China Construction Bank Hunan Branch and Bank of China Hunan Branch for renovating and digitalizing the cable television network throughout Hunan Province.