Anhui Xinxing Gree Air Conditioner Sales Company, distributor of Zhuhai-headquartered Gree Electric Appliances in Anhui, has announced via five local media that it has terminated cooperation with the Chinese electronics and home appliances retailer Suning in Anhui.

During Hon Hai's recent general meeting of shareholders, its chairman Terry Guo announced that the company has reached an agreement with the Ruentex Group, owner of the Taiwanese retailer Rt-Mart, to jointly expand the Chinese mainland 3C electronics market.

Chinese home appliances and electronics retailer Suning has published its financial report for the first quarter of 2010, stating that the company made total operating revenue of CNY16.712 billion during the period, a year-on-year increase of 32.02% and its net profit increased by 86.08% year-on-year to CNY884 million.

The Finnish mobile phone maker Nokia has announced that it will expand its sales network for extended warranty service in China and will offer an additional warranty period of 12 months to Chinese users.

Chinese electronics and home appliances maker Qingdao Haier has published its annual financial report for 2009, stating that its operating revenue increased by 8.46% year-on-year to CNY33 billion; while its net profit increased by 49.64% to CNY1.149 billion.

According to China's National Bureau of Statistics, the entrepreneur confidence index in China increased to 120.1 in the third quarter of 2009: an increase of 9.9 points compared with that of previous quarter.

According to data released by China's National Bureau of Statistics, due to factors such as the economic slowdown, decreased exports, and falling share prices, China's retail sales in the first two months of 2009 only increased by 15.2% year-on-year.

China-based eFuture is working with Beijing Wangku Hutong Information Technology Company to launch Jindian.com.cn, a B2B platform for small to medium-size suppliers and retailers.

Avery Dennison announced the acquisition of DM Label Group, a manufacturer of high-quality woven labels with manufacturing facilities in six countries and with headquarters in Taipei.

Chinese electronics retailer Suning has released the "China Air Conditioner Industry White Book 2008" in which the company estimates that the total sale of China's air conditioner market will reach 75 million, of which 34 million will be from domestic companies.