DragonVenture - All about China Business.

February 2002

CHINA BY THE NUMBERS

Statistics on China's Economy in Recent Five Years

(3 January 2002) Statistics announced by the China National Bureau of Statistics(NBS), including GDP Growth, Direct Foreign Investment and Retail Sales of Consumer Goods...

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CHINA BUSINESS HEADLINES

Shanghai IT Sector Grows by 30 Percent Against Global Slowdown

(16 January 2002) The robust information technology (IT) sector in Shanghai, a leading industrial and business center in China, grew by 30 percent in 2001 on a yearly basis...

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Morgan Stanley Bullish on China Market Outlook
(2 January 2002) Morgan Stanley predicted that the year 2002 will see merger and acquisition activities play an increasing role in China, with listing of more local companies... [More]

Foreign Investment Allowed in Telecom Carriers

(4 December 2001) China will abolish two telecommunication regulations on December 11, making it possible for foreign telecom giants to invest in China's fast-developing telecom industry... [More]

China to Charge Foreign Telecom Providers Service Fund

(23 January 2002) China will charge foreign telecom providers service fund as China has already joined the WTO... [More]

Chinese Telecom Industry to Undergo Major Restructuring

(8 January 2002) China will set up four integrated telecom operators that provide fixed-line, mobile, data and other basic telecom services in a move to make the telecom market more competitive, Minister of Information Industry Wu Jichuan said Monday... [More]

QUOTES OF THE MONTH

"China definitely will become the largest CDMA (Code Division Multiple Access) market in the world," said said Ruey Bin Kao, Motorola vice president and general manager of China Global Telecom Solutions Sector...

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DID YOU KNOW?

When is the Chinese New Year's Day in Year 2002?

Far and away the most important holiday in China is Spring Festival, also known as the Chinese New Year. To the Chinese people it is as important as Christmas to people in the West... [More]

COMPANY IN ACTION

Microsoft Eyes Chinese Market

(18 January 2002) Microsoft's high-ranking vice president, Craig Mundie, said Thursday in Beijing that the world's computer software giant is entering into a new development stage in China... [More]

Sybase Selected by People's Bank of China to Provide Technology for Its Advanced Payment System

(24 January 2002) Sybase, Inc., a leading e-Business infrastructure provider, today announced that the People's Bank of China (PBOC) has selected Sybase's database and application development tools for its China National Advanced Payment System (CNAPS)... [More]

Nokia and chinadotcom Partner to Promote Mobile Services in China

(28 January 2002) Nokia and chinadotcom corporation, a leading integrated Internet company in Asia, today launched the Nokia wireless platform in China. The project reflects the agreement that the two companies have entered into for promoting mobile services in Mainland China... [More]

UTStarcom Closes Out 2001 With 3 Million PAS(TM) Subscribers in Mainland China And 160 Thousand Subscribers in Taiwan

(16 January 2002) In a strong finish to a stellar year, UTStarcom Inc., a leading provider of wireless, wireline and broadband access equipment, today announced that the number of subscribers using its PAS(TM) and IP-based PAS(TM) city-wide wireless access systems in Mainland China has increased to approximately 3.0 million as of Dec. 31, 2001 a record addition of 1 million subscribers in Q4 2001... [More]