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Center One, Microsoft’s innovation demonstration center, the Education and Management Information Center, part of the People's Republic of China’s Ministry of Education, and Microsoft China jointly announced that they will start application, training and laboratory construction of virtual reality (VR) in Chinese colleges, universities and vocational schools.

On the morning of February 23, Xiaomi and Microsoft signed a Strategic Framework Memorandum of Understanding (MoU). The two sides will further deepen their strategic partnership. Microsoft's technology in cloud computing and artificial intelligence will be combined with Xiaomi's smart devices to help bring Xiaomi products into the international market.

The share price of Tencent Holdings (00700.HK) rose by more than 3 percent in early trading on November 21. At 9:53 am, Tencent's market value reached HK $4.128232 trillion, or about US $528.471 billion, surpassing Facebook, whose market value is US $518.346 billion, to become the world's fifth-largest technology company by market value.