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Oct 2002
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| CHINA
BY THE NUMBERS |
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| CHINA
BUSINESS HEADLINES |
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China Listed as No. 1 in Attracting FDI
(September 24, 2002) China has become the most attractive FDI nation,
surpassing the United States for the first time, the latest survey result shows...
[More]
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WTO Brings Foreign Retailers Bigger Market Share
(September 25, 2002) Competition among foreign retailers in China has heated up
since China entered the World Trade Organization (WTO) nine months ago...
[More]
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Economists Advise Foreign Businesses to Stay Put in China
(September 04, 2002) Business leaders attending a major economic conference
were encouraged to keep their capital and investment in China Wednesday due to
China's outstanding cost- effectiveness when compared to some other Asian
countries...
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China's SMEs Seek Venture Capital
(September 25, 2002) Fast-growing small and medium enterprises (SME) in China
are seeking venture capital from abroad in an effort to expand channels of
financing...
[More]
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Logistics Sector Shows Great Potential
(September 25, 2002) China's logistics sector has a bright future, according to
over 100 high-ranking business people attending Tuesday's China Supply Chain
and Logistics Roundtable...
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Shanghai to Launch 10 More IC Production Lines
(September 18,2002) China's total market demand for integrated circuits (IC)
will allow Shanghai to establish 10 more IC production lines, officials of the
Shanghai IC Industry Association revealed at yesterday's forum held during the
1st Pudong Innovation and Incubation Week...
[More]
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| QUOTES
OF THE MONTH |
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"While the global economy is slumping, China is still maintaining rapid growth
and has become a focus of world economic development, particularly in the
communications industry," said Motorola Chairman and Chief Executive Officer
Christopher Galvin. "We encourage our foreign suppliers to invest in China while
we help potential Chinese market suppliers to develop the skills to enter the
international market," Galvin added.
[More]
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| DID
YOU KNOW? |
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Sleeping Buddha
The Sleeping Buddha is Sakyamuni on his death bed entering nirvana. It can be
seen in temples, grottoes or frescoes all round China, varied from stone
engraving, wood cutting, jade carving, clay sculpture, coloured drawing to metal
moulding. Its size can be so long as to tens of meters or as small as a grain of
rice.
Mr. Zhao Puchu, the president of China Buddhism Association, such described the
authentic sight of Sakyamuni's nirvana in the book of "General Knowledge of
Buddha":...
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| COMPANY
IN ACTION |
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Overseas Manufacturers Speed up Shifting Purchase, R&D Center to China
(September 06, 2002) Recent years have seen new trends of overseas
manufacturers shifting their production to China, including purchasing and
research and development...
[More]
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Goldman Sachs to Invest in Semiconductor Industry
(September 24, 2002) The world's leading investment bank Goldman Sachs said it
has planned to invest a "considerable" amount of funds into the Chinese
mainland's semiconductor industry...
[More]
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Cisco, China Telecom Team up
(September 6, 2002) Cisco Systems announced yesterday that it was selected by
Shanghai Telecom, a subsidiary of China Telecom, to supply networking technology
for the creation of a city-wide multimillion-US-dollar broadband network...
[More]
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FedEx Offers Money-back Guarantee in China
(September 24, 2002) FedEx Express (FedEx), the world's largest express
transportation company, yesterday announced that it will offer its money-back
guarantee to customers throughout China. It will be the first and only
international express carrier to offer a money-back guarantee in the China
market...
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Coca-Cola Has over 50 Percent Market Share in China
(September 04, 2002) Coca-Cola (China) Beverages Limited announced recently
that its product series have had a share of over 50 percent on the Chinese
beverage market, according to latest poll results of ACNielsen, an established
market investigation institution...
[More]
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| MAGNIFYING
GLASS |
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