China News Direct

 
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Outdoor Advertising Deserves More Coordination
(Jul 09, 2012) Numerous problems still plague the outdoor advertising market in China and loopholes are yet to be filled despite the sales of outdoor advertising have climbed to RMB27.6 billion a year. Outdoor advertisements in modern cities often have an impact on city images. In some cases, excessive lighting has affected residential ...
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Nantong, Jiangsu Takes Service Outsourcing beyond Border
(Feb 01, 2012) Nantong, Jiangsu Province has revised a policy to support service outsourcing, aiming to build an influential outsourcing base that covers the entire northern Yangtze River Delta. Nantong Municipal Bureau of Commerce and Bureau of Finance jointly released in February the "Capital Management Measures for Service Outsourcing in Nantong" that supported ...
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TV Stations Issued Third-Party Payment Licenses
(Jun 29, 2012) The People's Bank of China (PBOC) has issued the fourth batch of third-party payment license which allows, for the first time, television stations to charge for digital services. In the latest round of approval, 95 non-financial companies including well-known payment platforms Suning Yifubao and Epay.163.com are issued payment business licenses. ...
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Policies To Help Software and Information Services Expand
(Jun 28, 2012) A blend of policies and more training will be given to software and information services in a bid to expand their market share, according to Assistant Minister of Commerce Qiu Hong who addressed an audience of 650 attending the 10th China International Software and Information Service Fair held in Dalian, ...
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China Telecom Sees Smart Potential from 3G
(Jun 26, 2012) China Telecom awaits the exponential growth in business when all of its 2G users switch to 3G at lightning speed, according to Wang Xiao-chu, managing director of China Telecom. The 3G mobile service is securing a 15% market share in China, which is a signaling stage to throw the mobile ...
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Shanda To Make Bambook Debut
(Jun 07, 2012) Shanda Interactive Entertainment Limited (SNDA) will join the smart phone frenzy, making debut its smart phone BambookS1 in China this June. SNDA will launch the BambookS1 smart phone on its Bambook official website on June 28, signing up orders online. Developed by its mobile phone division, the smart phone is ...
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Banks in Telecom, Media Alliance
(Jun 05, 2012) Agricultural Bank of China (ABC) will back telecom operators to bring cutting edge mobile-cash payment services to Chinese customers. In Nanjing, ABC announced on May 30 its strategic alliance with China Telecom, China Mobile and China Unicom, which will bring the parties to provide "palm purse" payment services. Based on ...
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Domestic Consumption Slows to 14% in China
(May 16, 2012) Retail sales of consumer goods grew at a nominal rate of 14.7% to RMB6.49 trillion from January to April in China, faltering from the growth of 17-18% seen last year. In April, there were retail sales of consumer goods of RMB1.56 trillion, a growth of 14.1% in nominal term and ...
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Fujian Province's Race to Cloud Computing
(May 07, 2012) Fujian province is going to build a cloud computer industry that will have an estimated output value of over RMB50 billion in 2015. Fujian province is one of the pioneers in China's cloud computer industry, ranking high in software development, cloud computing applications and services thanks to unswayed investment by ...
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Even Small Companies Move Fast in Information Era
(May 07, 2012) Even micro companies have to stay competitive and China's Ministry of Industry and Information Technology (MIIT) is ready to give a helping hand. In a competitive environment, small and medium-sized companies in China will need to provide better services and apply higher technologies in order to stay afloat. According to ...
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