China News Direct

 
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China's Farm-Leisure Potential Unlocked
(May 03, 2012) Farmers and peasants in China have found new sources of income when more people that are affluent begin to flock to the countryside for farm leisure, creating RMB150 billion of revenue last year. New-style consumption has appeared in China's countryside, such as in Sichuan and Shaanxi province where farm-leisure and ...
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On Board China's Cruising Industry
(May 03, 2012) A total of 262 international cruise liners embarked passengers in China in 2011, showing a growth of 17.5% year-on-year and revolutionary advancing the Chinese cruising industry. The cruising industry is moving upstream and it is adding not just passengers but value. More ports in China are made mother ports today ...
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Fujian and Singapore in Infocomm Technology Development
(Mar 29, 2012) The information bureau of Fujian province and Infocomm Development Authority of Singapore (IDA) have held jointly an information and communication technology (ICT) business development seminar in Fujian on March 22-23, capturing the attention of 80 local companies and tens of information technology companies of Singapore. The seminar is the first ...
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China Regulates Groupon Sale
(Mar 15, 2012) State Administration of Industry and Commerce (SAIC) of China issued an opinion note yesterday to straighten up groupon sale, aiming to protect consumers in seven areas. In SAIC's announcement, groupon operators and websites selling products or services are required to audit and ensure the quality of their products and services. ...
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Guangzhou Earns Half of Guangdong's Service Outsourcing Contracts
(Mar 09, 2012) Guangzhou, Guangdong province did US$3.46 billion of service outsourcing work in 2011, sharing 64% of the total value of Guangdong. Guangzhou had registered 625 service-outsourcing companies which employ about 220,000 workers, accounting for half of Guangdong's total. These companies did US$3.46 billion of outsourcing business, an increase of 88.5% year-on-year ...
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20% More E-commerce Users in China in 2011
(Feb 06, 2012) China had 513 million internet users at the end of December 2011 although the growth in the number of internet users had slowed down comparing to previous years. The latest internet development report issued by China Internet Information Centre has shown that there were 55.80 million new internet users in ...
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Navigation Satellite Enters Period of High Growth
(Feb 03, 2012) The new industry of satellite navigation is expected to give China an added value of RMB225 billion in five years, a 450% growth from that in 2010. The satellite navigation industry in China is entering a period of high growth, according to the geoinformation blue book published by National Administration ...
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China's Software Outsourcing Boom from Coast to Inland
(Feb 02, 2012) Computer software and service outsourcing services are booming across China, sprouting from the central Chinese province of Hubei which made an income of over RMB40 billion in 2011 to the northeast city of Dalian, Liaoning province. Wuhan Donghu Development Zone had software and service outsourcing business of RMB40.7 billion last ...
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Card Spending, Tourism Income Broke RMB100bn during Lunar New Year
(Jan 30, 2012) Credit card transactions in China during the week long Chinese Lunar New Year holiday broke RMB100 billion, which showed a 32% growth from the same time last year. China Unionpay announced today that during the week before the Lunar New Year from January 14 to 20, credit card transactions in ...
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Banking on China's Small Companies
(Jan 30, 2012) Industrial and Commercial Bank of China (ICBC) lent over RMB300 billion to small companies through the internet last year, signing up over 30,000 small company accounts through e-banking. The internet is regarded as savior of many liquidity-tight small companies which have an exposure to e-commerce and have a good credit ...
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