China News Direct

 
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Sanya RMB1.5b to Build a Village Resort
(Jun 27, 2008) Sanya city in Hainan province is going to build a village tourism resort that benefits its tourism industry and the local village people. The Binlang River village tourism resort in Fenghuang Town, Sanya requires an investment of RMB1.5 billion. It is one of the prime tourism projects in Sanya and ...
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Beijing starts restructuring local technical resources
(Jun 27, 2008) The city of Beijing has decided to integrate its technical information resources platforms to facilitate technological development. The Beijing Municipal Science & Technology Commission (BMSTC) approved 15 technical information platforms in June. Technical information platforms are service platforms which provide generic technologies and fundamental information resources to support the operations ...
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Digital China to buy IT services providers and to list
(Jun 27, 2008) Chinese IT services provider Digital China is preparing to accelerate its mergers and acquisitions in the domestic IT services sector. Chairman, Guo Wei, believes the domestic demand for IT products and services will maintain its steady growth in the next three to five years. Although the gross profit margin fell ...
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Web-based cross-border shopping agencies grow fast
(Jun 27, 2008) Chinese media reports that there is an exponential growth in the number of 'shopping agencies on the Web'. Online shopping agency services involve personal shopping outside the Internet client's country, with the merchandise being brought across the border, mostly in a suitcase, for a fee in the form of a ...
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Olympics investment to drive post-Olympics economy
(Jun 27, 2008) A British professor of sports economics estimated that Beijing's 2008 Olympics investment would total about US$30 billion and the investment is likely to drive the post-Olympics economy in China. The investment would change the transport and communications facilities in Beijing, and these investments would last for at least 40 to ...
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Chinese brands have influence, foreign brands have technique
(Jun 26, 2008) Internet Research Institute (IRI) of Communication University of China has released a study showing that the impact or influence of ethnic Chinese brands have surpassed those of international brands in online marketing and sales, but international brands do have an upper hand in online marketing technique and ability. The Beijing ...
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Super computer to serve Shanghai by 2008 year end
(Jun 26, 2008) The China first super computer, Dawning 5000, will be in Shanghai at the end of 2008. On 25 June, the Institute of Computing Technology of Chinese Academy of Sciences, Dawning Information Industry (Beijing) Co. Ltd, and Shanghai Supercomputer Centre signed a contract. The super computer will be able to calculate ...
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Poll: Most Chinese visitors will travel to Taiwan again
(Jun 26, 2008) A Taiwan Tourism Bureau poll showed that most Mainland tourists will visit Taiwan again despite products being quite expensive. The survey interviewed overseas visitors, including Mainland travellers and was carried out at Taiwan Taoyuan International Airport and Kaohsiung International Airport throughout 2007. 64% of Chinese tourists liked visiting the Liouho ...
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Strict China visa application hurts domestic tourism market
(Jun 26, 2008) A travel agency in the city of Guangzhou, Guangdong Province, estimated the number of foreign visitors will drop as much as 50% during the Olympics period because of the strict visa application policy in China. The Chinese Government has lifted the requirements on visa application due to the forthcoming Olympics. ...
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Hotel Industry May Grow 4% in '08
(Jun 26, 2008) Bjorn Hanson, a consultant at PricewaterhouseCoopers, forecast that while the growth of hotel demand is 0.8% in 2008, supply would increase 2.2%, putting pressure on hotel room rates. Some economists said although the demand in America had slowed down, the global growth is still positive, giving a 4% growth in ...
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