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                                                                    EXHIBIT 4.46

                      BILLING TECHNOLOGY LICENSE AGREEMENT

     This Billing Technology License Agreement (this "Agreement") is entered
into on this 1st day of January, 2006 ("Effective Date"), in Shanghai, by and
between Shengqu Information Technology Co., Ltd. ("Shengqu"), a wholly
foreign-owned company organized and existing under the laws of the People's
Republic of China (the "PRC"), and Hangzhou Bianfeng Networking Co., Ltd.
("Bianfeng Networking"), a domestic company organized and existing under the
laws of the PRC.

1    DEFINITIONS

     Except otherwise specifically defined in this Agreement or unless the
     context requires otherwise, the terms used in this Agreement shall have the
     meanings as set forth below:

1.1  "Term" shall be the duration of this Agreement stated in Article 2.3
     hereof;

1.2  "Billing Technology" shall mean technology information, know-how, design,
     drawing, process, method, data, program and other information that have
     been existing on the date of this Agreement or will be developed in the
     future, on case-by-case basis, as agreed by the Parties. "Billing
     Technology" may be in writing or other appropriate forms and will be
     licensed by Shengqu to Bianfeng Networking under this Agreement. Details of
     Billing Technology are described in Appendix 1 attached hereto.

1.3  "Parties" shall mean both Bianfeng Networking and Shengqu, and a "Party"
     means either one of them.

1.4  "PRC" shall mean the People's Republic of China, and, for the purpose of
     this Agreement, excluding Taiwan, Hong Kong and Macau Special
     Administrative Regions.

1.5  "Licensed Region" shall mean Heilongjiang, Jilin, Liaoning.

2    GENERAL TERMS

2.1  Shengqu hereby agrees to non-exclusively license the Billing Technology to
     Bianfeng Networking and Bianfeng Networking hereby agrees to obtain such
     license from Shengqu pursuant to the terms and conditions of this
     Agreement.

2.2  Unless otherwise agreed by Shengqu in writing, Bianfeng Networking shall
     not acquire identical or similar technology license from any third party.

2.3  This Agreement shall be effective upon the execution hereof by the
     authorized representatives of the Parties and shall remain effective for a
     period of one (1) year.

2.4  The licensed technology hereunder is described in Schedule A hereto. The
     Parties may jointly make adjustment to Schedule A after the date of this
     Agreement.

3    LICENSE

3.1  In consideration of the payment of the license fee by Bianfeng Networking
     and the covenants made by Bianfeng Networking under this Agreement, Shengqu
     hereby grants

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     Bianfeng Networking a license, to allow Bianfeng Networking to use the
     Billing Technology in the Licensed Region; the Parties acknowledge that the
     territory of said license shall be the Licensed Region only.

3.2  Bianfeng Networking hereby agrees to use the Billing System in accordance
     with the terms and conditions of this Agreement. It is further acknowledged
     that, without the written consent of Shengqu, Bianfeng Networking shall not
     sublicense or transfer the Billing Technology to any third party.

3.3  During the term of this Agreement, Bianfeng Networking has the right to
     indicate, in advertisements and promotion materials in connection with
     online games, that the Billing System is licensed by Shengqu to Bianfeng
     Networking.

3.4  The license for the Billing Technology granted by Shengqu to Bianfeng
     Networking shall not be construed as a grant of any proprietary right in
     the Billing Technology to Bianfeng Networking. The proprietary right or
     property rights to the Billing Technology shall remain with Shengqu.

3.5  Bianfeng Networking acknowledges that Shengqu owns the Billing Technology
     and enjoys the proprietary right to the Billing Technology. Unless
     otherwise expressly provided herein or with prior written consent of
     Shengqu, Bianfeng Networking shall not use or apply for or register any
     copyright or patent right in connection with the Billing Technology or the
     Billing System, nor shall Bianfeng Networking do or permit to be done
     anything that might directly or indirectly prevent Shengqu from registering
     the copyright to or any patents right in connection with the Billing
     Technology or the Billing System.

4    DELIVERY OF TECHNOLOGY

     Subsequent to the execution of this Agreement and upon the request of
     Bianfeng Networking, Shengqu shall deliver the Billing Technology,
     including all necessary documents, to Bianfeng Networking within a
     reasonable time.

5    LICENSE FEE

The license fee payable hereunder shall be calculated and paid as follows:

5.1  The license fee payable by Bianfeng Networking to Shengqu hereunder shall
     be calculated as follows: License fee = standard monthly fee per player x
     average number of concurrent online game players per month;

5.1.1 average number of concurrent online game players per month shall be the
     aggregate of average number of concurrent online game players for all
     commercialized games in the month;

5.1.2 standard monthly fee per player shall be RMB10 per month for the year 2006
     and thereafter;

5.2  Shengqu shall have the right to adjust the amount of the standard monthly
     fee per player in accordance with the actual business operation of Bianfeng
     Networking; and

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5.3  Bianfeng Networking shall provide Shengqu with the concurrent online game
     players data, the number of users and income which is billed through the
     Billing Technology, and other related data. Shengqu shall be entitled to
     check and verify the aforesaid data provided by Bianfeng Networking at any
     time;

6    PAYMENT OF LICENSE FEE

6.1  Payment of License Fee shall be made by Bianfeng Networking on a quarterly
     basis and shall be made within three (3) months following each quarter's
     end.

6.2  The Parties understand and agree that, if Bianfeng Networking fails to make
     payment of the License Fee before the final due date within the time
     stipulated herein without the consent of Shengqu, Shengqu shall be entitled
     to request Bianfeng Networking to pay overdue interest on the delinquent
     payment, and the rate for sucd overdue interest shall be the rate for
     short-term commercial loans on such due date published by the People's Bank
     of China.

7    TECHNOLOGY ENHANCEMENT

     After the effectiveness of this Agreement, if Shengqu makes developments
     and enhancements to the Billing Technology any intellectual property or
     other right arising out of any further development and enhancement of
     Billing Technology shall belong to Shengqu.

8    EXTENSION OF AGREEMENT

     This Agreement shall remain effective during the term hereof, which will be
     automatically renewed for an additional one (1) year period upon expiry of
     each term unless Shengqu notifies Bianfeng Networking of its intention not
     to renew thirty (30) days before the current term expires. The Billing
     Technology License Agreement entered into by Shengqu and Bianfeng
     Networking dated on December 28, 2004 will be terminated upon the Effective
     Date.

9    GOVERNING LAW

     This Agreement shall be governed by and construed in accordance with the
     laws of the PRC.

10   EXECUTION

     This Agreement shall be executed on or before the effective date hereof by
     the duly authorised representative of each Party of this Agreement.

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IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by
their respective duly authorized signatories as of the day and year first
written above.

SHENGQU INFORMATION TECHNOLOGY
(SHANGHAI) CO., LTD.

By:
    ---------------------------------
Name: Chen Tianqiao
Title: Chief Executive Officer

HANGZHOU BIANFENG NETWORKING CO., LTD.

By:
    ---------------------------------
Name: Wang Jingying
Title: Senior Vice President

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APPENDIX 1:

                   DESCRIPTIONS OF FUNCTIONS OF BILLING SYSTEM

Billing System consists of User Registration Module, Recharge Interface Module,
Payment Information Synchronization Module, and other value-added modules such
as Second-Based Billing Module, Day-Based Billing Module, and IP-Based Billing
Module.

     -    User Registration Module loads the synchronized registration
          information of users from the game to the Billing System, forming the
          basis of the users of Billing System. The data is sent to game system
          by means of web interface or MQ.

     -    Recharge Interface Module links to the sales system of online
          channels. The systems receive the recharge request from users, convert
          the authentication, and add the time that accords to the recharged
          cards to the specific character accounts.

     -    Payment Information Synchronization Module transfer users' remained
          time to the game system by means of FTP or MQ.

     -    Second-Based Billing Module consists of Payment Information
          Synchronization Module and Billing Module. The former one synchronize
          the time information about used time to the Billing System for further
          application, by means of FTP or MQ. Billing Module subtracts the used
          time transferred by Synchronization Module from users' remained time.

     -    Day-Based Billing Module realize the subtraction function based on the
          periods of monthly and daily subscription.

     -    Other value-added modules provide interfaces to some business
          partners, for example, IP-Based billing function supplies some ISP
          free games based on IP, and IP-based billing.

As an open system, Billing System supports most popular game genres, such as
MMORPG and casual games. The system supplies billing service based on the
playtime length of game, as well as period length such as monthly subscription.
Moreover, the system can, according to the requirements of the game, provide
billing solution based on time.

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APPENDIX 2:

          SOFTWARE AND HARDWARE ENVIRONMENT FOR THE OPERATION OF BILLING SYSTEM
     Software Requirement: Windows 2000, SQL Server2000, MSMQ, IIS
     Hardware Requirement:
        Database Server Requirement:
           CPU: 2.4GHZ * 4
           RAM: 2G
           HD: 18G + 36G * 4
           Network Card: 100M * 2
           Reference: DELL 6650
        Database Server Amounts:
           Avg. 20 game regions / server
           Max. 10 game regions / server (games that need large data flow)

        Application Server Requirement:
           CPU: 2.4GHZ * 2
           RAM: 1G
           HD: 18G + 36G * 2
           Network Card: 100M * 2
           Reference: DELL 2650
        Application Server Amounts:
           Avg. 40 game regions / server
           Max. 20 game regions / server (games that need large data flow)

        Web Server Requirement:
           CPU: 2.4GHZ * 1 (2 are recommended)
           RAM: 1G
           HD: 18G + 36G
           Network Card: 100M * 2
           Reference: DELL 2650
        WEB Server Amounts:
           1 Server

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SCHEDULE A:

                BILLING SYSTEM TABLES BASED ON BILLING TECHNOLOGY

<TABLE>
<CAPTION>
Name                  Billing System         Briefing                    Note
----                  --------------         --------                    ----
<S>                   <C>                    <C>                         <C>
The Legend of Mir     Mir2 Billing System    Supply billing solutions
                                             for TloM based on
                                             playtime, period, IP, and
                                             other value-added
                                             applications.

The World of Legend   Woool Billing System   Supply billing solutions
                                             for TWoL based on
                                             playtime and period.

Fortress 2            FT2 Billing System     Supply billing solutions
                                             for Fortress 2 based on
                                             period.

BNB                   BNB Billing System     Supply billing solutions
                                             for BNB based on coupon.

Shattered Galaxy      PS Billing System      Supply billing solutions
                                             for SG based on playtime
                                             and period.
</TABLE>

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                                                                    EXHIBIT 4.53

                                 AMENDMENT II TO
                     STRATEGIC CONSULTING SERVICE AGREEMENT

     This Amendment II to the Strategic Consulting Service Agreement ("Amendment
II") is entered into on this 28th day of December, 2004, in Shanghai by and
between Shengqu Information Technology Co., Ltd. ("Shengqu"), a wholly
foreign-owned company organized and existing under the laws of the People's
Republic of China ("PRC") and Shanghai Shanda Networking Co., Ltd. ("Shanda
Networking"), a domestic company organized and existing under the laws of the
PRC.

WHEREAS,

A.   Shanda Networking and Shengqu (the "Parties") entered into a Strategic
     Consulting Service Agreement dated January 19, 2003 (as amended by
     Amendment I, the "Agreement");

B.   The Parties entered into an Amendment Strategic Consulting Service
     Agreement dated December 28, 2004 (the "Amendment I"); and

C.   The Parties wish to further amend the Agreement as set forth herein.

NOW, THEREFORE, in consideration of the applicable conditions, the Parties agree
to amend the Agreement as follows:

1.   Section 3.1(2) of the Agreement is added as follows:

     The standard monthly fee per player shall be RMB150 per month for the year
     2005 due to an increase in per-user expenses.

2.   Section 3.1(4) of the Agreement is added as follows:

     The other reasonable costs per month shall be RMB190,000,000 for the year
     2005.

3.   Other provisions of the Agreement shall remain in full force and effect.

4.   This Amendment II shall replace the Amendment I and become effective only
     after it has been singed by Parties.

5.   This Amendment II shall be governed by and construed in accordance with the
     laws of the PRC.

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IN WITNESS WHEREOF, the Parties have caused this Amendment II to be executed by
their respective duly authorized signatories as of the day and year first
written above.

SHENGQU INFORMATION TECHNOLOGY
(SHANGHAI) CO., LTD.

By:
    ---------------------------------
Name: Chen Tianqiao
Title: Chief Executive Officer

SHANGHAI SHANDA NETWORKING CO., LTD.

By:
    ---------------------------------
Name: Tang Jun
Title: President

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