Document:

Exhibit
      10.5

     

    [Cautionary
      Note: This Agreement has been translated into English from the original Chinese
      language version.] 

    

    Outsourcing
      Agreement

     

    Party
      A:
      Sale
      and Marketing Publishing House

     

    Party
      B:
      Henan
      Xinhua Printing Factoy

     

    In
      accordance with the Law of Contract in PRC, based on the mutual agreement of
      both parties, Party A authorizes Party B to print and produce the Sales edition
      of China Marketing magazine and China Business & Trade. The contract is
      subject to the following terms and conditions:

    

    1.
      Amount
      of Printing: One edition each month, each edition is about 100,000 copies.
      The
      actual amount of printed copies will be based on the request form provided
      and
      signed by Party A.

     

    
      	
              2.

            	
              Basic
                Information of the magazines:

            

    

    
      	 	
              1)

            	
              Size
                of the magazines: 210 mm x 285 mm

            

    

    
      	 	
              2)

            	
              Color
                printing of cover page and all inside
                text

            

    

    
      	 	
              3)

            	
              Sensitive
                layer on the cover page

            

    

     

    
      	
              3.

            	
              Paper
                Used:   (1)   Cover Page: 157g double-side halftone
                paper

            

    

    
      	
            	(2)	
              Text:
                60g non-sensitive layer

            

    

    
      	
            	(3)	
              Insert
                Page: 105g double sided halftone
                paper

            

    

     

    
      	
              4.

            	
              Packaging
                and Binding: By glue, base on the specific requirement of Party
                A.

            

    

     

    
      	
              5.

            	
              Settlement
                Price: (1) Cover Page: US$0.0275/copy; (2) Layer: US$0.0125/copy
                (3) Test:
                every 16 pages US$0.0625/copy

            

    

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    
      	
              6.

            	
              Date
                of shipment: Party A will submit all the article through the internet
                to
                Party B. From the date Party B has received the final version of
                all the
                articles that need to be published on the current edition, Party
                B must
                ship the request copies to the place where Party A assigned. Before
                all
                the articles are finalized, Party B must follow the working procedure
                designed by Party A and delivery the sample of the magazine without
                any
                delay.

            

    

     

    
      	
              7.

            	
              Payment
                Method: Party A must pay Party B in full amount of payment within
                60 days
                after the complete shipment. Party A can pay Party B by cash, check,
                cashier’s check, letter of credit or any other method that can be accepted
                by the bank of Party B.

            

    

     

    
      	
              8.

            	
              In
                case of failing or delaying to submit the payment, Party A will pay
                Party
                B penalty fee at 5% of total payment due which will be calculated
                on a
                daily basis. Party A will compensate all the loss Party B experienced
                in
                accordance with the relevant law of PRC. Party A reserve the right
                to seek
                the compensation from Party B in accordance with the Contract Law
                at PRC
                at any delay of shipment or quality control problems caused by Party
                B.

            

    

     

    
      	
              9.

            	
              Quality
                of the magazine has to meet the general standard set by the Chinese
                Press
                and Publication Administration

            

    

     

    
      	
              10.

            	
              The
                content of all articles provided by Party A has to comply with the
                rules
                and regulations of printing and producing set by Party B. Party A
                is fully
                responsible to the content of all articles provided to Party B. Party
                B
                has the responsibility to maintain confidentiality of the information
                provided by Party A, such as the original copies of articles, the
                content
                of all articles and the amount of printing of each month.
                

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    
      	
              11.

            	
              The
                factory where Party B’s facilities are located is assigned to be the place
                for the quality examination. Party B agrees to deliver the Magazine
                for
                Party A within the city of Zhengzhou with no additional
                charge

            

    

     

    
      	
              12.

            	
              During
                the term of this contract, in case of the wholesale price of paper
                increased more than 5%, Party A and Party B will amend this contract
                based
                on mutual consent. 

            

    

     

    
      	
              13.

            	
              During
                the term of this contract, neither Party A nor Party B can unilaterally
                make changes or terminate this contact. Two months notice is required
                to
                any party that needs to terminate the contract, due to any uncontrollable
                causes.

            

    

     

    
      	
              14.

            	
              The
                term of this contract is from January 1, 2006 to December 31,
                2006.

            

    

    

    Party
      A:
      Sale and
      Marketing Publishing House     

    Authorized
      Representative: 

    (Corporate
      Seal) 

    Date:
      December 29, 2005 

    

    Party
      B:
      Henan Xinhua Printing Factory 

    Authorized
      Representative: 

    (Corporate
      Seal) 

    Date:
      December 29, 2005

     

    
      
        
        

      

      
        3Exhibit
      10.6 

     

    [Cautionary
      Note: This Agreement has been translated into English from the original Chinese
      language version.] 

    

    Outsourcing
      Agreement

     

    Party
      A:
      Sale
      and Marketing Publishing House

     

    Party
      B:
      Henan
      Ruiguang Printing Co., Ltd.

     

    In
      accordance with the Law of Contract in PRC, based on the mutual agreement of
      both parties, Party A authorizes Party B to print and produce the Channel
      edition of China Marketing magazine and China Business & Trade magazine. The
      contract is subject to the following terms and conditions:

    

    1.
      The
      Channel edition of China Marketing magazine and China Business & Trade
      magazine are published one time each month. 

     

    
      	
              2.

            	
              Basic
                Information of the magazines:

            

    

    
      	 	
              1)

            	
              Size
                of the Magazines: 210 mm x 285 mm

            

    

    
      	 	
              2)

            	
              Color
                printing of cover page and all inside
                text

            

    

    
      	 	
              3)

            	
              Sensitive
                layer on the cover page

            

    

     

    
      	
              3.

            	
              Use
                of Pager:    (1)    Cover Page: 157g
                double-side halftone paper, 4+4
                color

            

    

    
      	
            	(2)	
              Text:
                60g non-sensitive layer

            

    

    
      	
            	(3)	
              Insert
                Page: 60g non-sensitive layer, 4+4
                color

            

    

    

    
      	
              4.

            	
              Packaging
                and Binding: 50 copies per bundle

            

    

     

    
      	
              5.

            	
              Settlement
                Price: US$0.0879/copy including text and cover
                page.

            

    

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    
      	
              6.

            	
              Date
                of shipment: Party A will submit all the articles to Party B at
                20th
                of
                each month for the magazines of the next month. Publishing date is
                the
                1st
                of
                each month, the printing circle is 7 days.

            

    

     

    
      	
              7.

            	
              Party
                A must submit all the sufficient and accurate documents relevant
                to any
                printing procedure. Otherwise, Party A will be fully responsible
                for any
                loss caused by its failure to do so.

            

    

     

    
      	
              8.

            	
              Party
                A is responsible to turn in clear and completed articles to Party
                B on
                time. The layout of the text must be designed clearly and the wording
                must
                be counted accurately.

            

    

     

    
      	
              9.

            	
              Party
                A is responsible to proof read all the articles, the time period
                of the
                proof reading is five days for the first time proof reading, two
                days for
                the second proof reading and one day for the third proof
                reading.

            

    

     

    
      	
              10.

            	
              Party
                B will submit written notice to Party A two days before the shipment
                for
                the final printing amount.

            

    

     

    
      	
              11.

            	
              Party
                A reserves the right to edit exceptional articles or pictures right
                before
                printing.

            

    

     

    
      	
              12.

            	
              The
                shipment date will be automatically postponed if Party A turns in
                the
                final version of the articles later than the date set forth under
                Section
                6.

            

    

     

    
      	
              13.

            	
              After
                the complete shipment of each edition, Party A shall pay off all
                the
                outstanding payment before the 10th
                of
                next month. If the payment is delayed over one month, Party A shall
                pay
                the penalty to Party B, which is 5% of the total over due amount
                plus the
                interest, rated as same as the commercial loan interest announced
                by the
                bank at the same period of time. Party B will also have the rights
                to
                terminate this contract under this
                situation.

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    
      	
              14.

            	
              Party
                B must return the first draft to Party A five days after Party B
                receive
                all the final version of the articles. Party B must pick up and return
                the
                draft after the first, second and third proof reading with no delay.
                

            

    

     

    
      	
              15.

            	
              Quality
                of the magazines has to comply with the general standard set by the
                Chinese Press and Publication
                Administration.

            

    

     

    
      	
              16.

            	
              The
                factory where Party B’s facilities are located is assigned to be the place
                for the quality examination. Party B agrees to freely deliver the
                magazines for Party A within the city of Zhengzhou. Party A reserves
                the
                right to seek the compensation from Party B in accordance with the
                Contract Law at PRC at any delay of shipment or quality control problems
                caused by Party B.

            

    

     

    
      	
              17.

            	
              Party
                B must only print the amount requested by Party A and Party B shall
                pay
                Party A 200% of the income obtained from any additional printing
                and
                selling of the magazines without the authorization of Party
                A.

            

    

     

    
      	
              18.

            	
              Party
                A reserves the right to seek the compensation from Party B in accordance
                with any loss or damage of the original copies of the articles, pictures
                and drafts that directly caused by Party
                B.

            

    

     

    
      	
              19.

            	
              During
                the term of this contract, in case of the wholesale pricing of paper
                is
                adjusted, Party A and Party B will amend this contract based on mutual
                agreement. 

            

    

     

    
      	
              20.

            	
              During
                the term of this contract, neither Party A nor Party B can unilaterally
                make changes to or terminate this contact. In case one Party has
                to
                terminate the contract because of certain reasonable causes, three
                months
                notice is required. The Party that breaches the contract shall pay
                to the
                other Party 5% of total printing cost as well as to compensate the
                other
                Party whatever the loss due to the breach of
                contract.

            

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    
      	
              21.

            	
              In
                case Party A stops issuing the magazines, Party A is fully responsible
                to
                buy back the paper and other supply Party B prepared that would be
                otherwise used to print the magazines of Party
                A.

            

    

     

    
      	
              22.

            	
              The
                term of this contract is from January 1, 2006 to December 31,
                2006.

            

    

    

    Party
      A:
      Sale and
      Marketing Publishing House 

    Authorized
      Representative: 

    (Corporate
      Seal) 

    Date:
      December 29, 2005

    

    Party
      B:
      Henan
      Ruiguang Printing Co., Ltd 

    Authorized
      Representative:

    (Corporate
      Seal) 

    Date:
      December 29, 2005 

        

    
      
        
        

      

      
        4

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