Chinese electronics and home appliances retailer Gome announced that in response to the Chinese government's energy-saving appliances subsidy policy, the company will launch a CNY1 billion special fund to support the implementation of this policy.
According to information from the Chinese online home appliances store All3c.com, three Chinese TV makers, Skyworth, TCL, and Changhong, have signed direct supply agreements with the website to sell their products through All3c.com's Internet channel.
According to reports in the international press Huang Guangyu, dubbed "the richest man in China", has disappeared and is being sought by the Beijing police.