Reuters reports that China Unicom has announced that it will begin selling the iPhone in China on October 1st alongside the official launch of the company's 3G wireless network. According to the report, China Unicom announced that the iPhone will sell for an unsubsidized price of 5,000 yuan (US$732.50), although it did not note which model would be offered at that price. The company will be offering 8 GB, 16 GB, and 32 GB models.

Many companies quote a price for a stand-alone iPhone, but also offer heavily discounted, subsidized prices for people who sign multi-year service contracts.

Eight service packages being offered by Unicom would be available for iPhones, ranging from 126 yuan to 886 yuan per month, Unicom said in a statement. It said it would provide subsidies of 893 yuan to 4,253 yuan for people who sign up for the plans.

China Unicom announced one month ago that it had struck a deal with Apple to offer the iPhone in China.

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