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.

The China Banking Association published its 2009 corporate social responsibility report while celebrating its 10th anniversary in Beijing.

According to the official website of China's State-owned Assets Supervision and Administration Commission, in 2010 most central state-owned enterprises will start to divest their interest in, or reorganize ownership of, hotels that are not part of their primary businesses.

According to South Metropolitan Daily, the personal data of more than 1,000 employees of IBM Shenzhen has been used to apply for credit cards.

Bank of China Yunnan Branch has signed an agreement with Kunming Lake Dianchi Investment Company and will offer a CNY4 billion loan to support the latter's efforts in cleaning Lake Dianchi and carrying out relevant marsh land projects.

The Bank of China has formally released its 2008 corporate social responsibility report.

Chinese media reports that the Industrial and Commercial Bank of China, the Bank of China, China Agricultural Bank, and China Construction Bank, which are jointly known as the four state-owned commercial banks in China, will hire a total of 37,500 college graduates this year despite the current slowing of the economy.