|
|
 |
 |
 |
 |
   |
|
|
Aug 2002
|
|
|
|
|
| CHINA
BY THE NUMBERS |
| |
|
China's Economy Grew 7.8 Percent in First Half Year
(July 16, 2002) China's economy grew 7.8 percent in the first half of 2002
against the same period last year, well above the government's target of 7.0
percent, official figures showed Monday...
[More]
|
Overseas Investment up 18 Percent in First Half
(July 12 2002) China attracted US$24.58 billion in overseas direct investment
during the period from January to June this year, Vice-Minister Ma Xiuhong of
Foreign Trade and Economic Co-operation (MOFTEC) told reporters on Thursday in
Hong Kong...
[More]
|
Double-digit Growth Seen for China's Telecom Market
(July 12 2002) China's telecom market is likely to keep double-digit growth
in the coming years, looking ever more attractive to overseas investors, telecom
analysts of Morgan Stanley predict...
[More]
|
Export Growth Likely to Reach 8 Percent
(July 19 2002) China's exports for the first six months of this year realized
an unexpected 14.1 percent growth, reaching US$142.06 billion, according to
figures released by the General Administration of Customs...
[More]
|
|
|
| |
| CHINA
BUSINESS HEADLINES |
| |
|
Stock Markets in China Among Best in World
(July 2, 2002) Despite many reported corporate scandals, the stock markets
in China have among the best infrastructures in the world, said Richard Margolis,
a senior consultant with Merrill Lynch Asia Pacific...
[More]
|
China to Revise Rules on Foreign Investment in Venture Capital
(July 8, 2002) The Chinese government is considering amendments to relevant regulations
to encourage foreign investment in venture capital...
[More]
|
China Top Destination for Tourists by 2020
(July 7, 2001) China will receive more than 180 million tourists in 2020, ranking
top among countries in international tourist arrivals, the head of the World Tourism
Organization (WTO) said on July 5 in Manzanillo, Mexico...
[More]
|
China to Unveil Updated Rules for Franchisers
(July 8, 2002) China will unveil a new regulation on commercial franchises to
boost the development of the country's new business model...
[More]
|
China to Further Open Tourism Sector
(July 12, 2002)China will further open up its tourism sector to foreign competition,
including allowing foreign operators to hold majority stakes in joint ventures
or set up solely-owned businesses, a senior tourism official has said...
[More]
|
Ten Chinese Enterprises Included in Fortune's 2002 Global 500
(July 12, 2002) Altogether ten state-owned enterprises of China were recently
listed among world top 500 companies published by Fortune, engaging in fields
from telecommunication to banking...
[More]
|
|
|
| |
| QUOTES
OF THE MONTH |
| |
|
"China is now one of our most important production bases and research and
development (R&D) centers," said Jenny Wang, vice president and director of
corporate finance for Motorola China.
[More]
|
|
|
| |
| DID
YOU KNOW? |
| |
|
Chinese Tea Culture
Of the three major beverages of the world-- tea, coffee and cocoa-- tea is consumed
by the largest number of people.
China is the homeland of tea. It is believed that China has tea-shrubs as early
as five to six thousand years ago, and human cultivation of teaplants dates
back two thousand years. Tea from China, along with her silk and porcelain,
began to be known the world over more than a thousand years ago and has since
always been an important Chinese export...
[More]
|
|
|
| |
| COMPANY
IN ACTION |
| |
|
Disney Takes Preliminary Steps To Put Theme Park in Shanghai
(July 22, 2002) Walt Disney Co. has taken a preliminary but important step toward
building a theme park in Shanghai, a move the U.S. entertainment company hopes
to leverage into a vast expansion of its television, film and consumer-products
businesses in the huge, relatively untapped Chinese market...
[More]
|
Multinationals Swarm to Shanghai to Set up Regional HQs
(July 20, 2002) In July in Shanghai, the multinationals' enthusiasm for setting
up regional headquarters in this economic center in China is as high as the temperature...
[More]
|
Company's relocation to China sign of U.S. manufacturing woes
(July 5, 2002) Mel Boldt is moving most manufacturing done by his Schaumburg-based
company to China. He said the reason he's shifting is because that's what customers,
like Motorola, are demanding of him...
[More]
|
Agilent Expands Business in China
(July 10, 2002) SHANGHAI, Jul 10, 2002 (Xinhua via COMTEX) -- Agilent Technologies
Inc., a US- based electronic measuring instrument leader, opened a maintenance
center for electrical measuring equipment in Shanghai, a step forward after
it set up a production and development base in the city in March this year...
[More]
|
PC Giant Dell Sets up R&D Center in Shanghai
(July 6 2002) PC giant Dell said Friday its first research and development
center outside the Untied States has been set up in Shanghai, the biggest industrial
and business center in China...
[More]
|
|
|
| |
| MAGNIFYING
GLASS |
| |
|
Tech Gets Set for China Breakthrough
(July 9, 2002) It's one of the few words that can perk up a high-technology
executive these days: China.
Companies have attempted to tap the country's enormous potential for years,
but it has become a far more attractive target recently as the rest of the world
remains mired in economic problems. Now, the People's Republic of China has
become one of the leading strategic opportunities for Intel, Nokia, Hewlett-Packard and virtually every other multinational...
[More] |
|
|
|
