China News Direct

 
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Beijing, Tianjin, Hebei aligned with digital trades
(Jul 10, 2014) BEIJING - A unified or rather simplified customs clearance procedure has taken effect in Beijing and the neighbouring city of Tianjin from 1 July, trimming trade costs and re-igniting the economic flame of the Beijing-Tianjin-Hebei metropolitan region. The simplified procedure in customs declaration and clearance adopted by Beijing Customs and ... 642 words ...
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China Telecom adds internet games and financial business
(Jun 10, 2014) BEIJING - China Telecom signs strategic agreements to diversify its scope of business to internet games and digital payments which rocketed 200-300% last year, the fastest growing sector shaping up any companies. China Telecom, China Culture Industrial Investment Fund and Shunwang Technology signed in Beijing a framework agreement to increase ... 521 words, China Telecom, China Culture Industrial Investment Fund, Shunwang, China Bohai Bank ...
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Sichuan takes internet commerce to new levels
(Jun 06, 2014) CHENGDU, Sichuan - All kinds of e-commerce, including online retailing, are expected to jump 25-30% in value in Sichuan province this year thanks to coordinated policies pooled to make this happen. The Sichuan provincial government has given unprecedented support to developing e-commerce, which is expected to activate rural and cross-border ... 640 words, DRD Technology, Xiamen Utrans Supply Chain Management, Wal-Mart, RT-Mart...
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China Mobile seals 4G alliance with Chongqing
(Apr 22, 2014) CHONGQING - China Mobile has signed a strategic alliance agreement with the Chongqing municipal government to activate 4G TD-LTE services, making Chongqing and inland China ready for a cloud-driven era. The 4G alliance is the base for Chongqing to promote the use of 4G and create 4G-based industries, something never ...
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New clues on rural retail
(Apr 17, 2014) BEIJING - People in rural China are spending 40% of incomes on housing and food, but their spending on phone charges, mobile internet connections and repair of automobiles have appeared for the first time, a survey on rural living conditions reveals. The latest survey conducted by China Renmin University on ...
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Department stores' online journey unfold
(Apr 02, 2014) TIANJIN - Department stores in the Chinese city of Tianjin are seeking quick fixes as much of their glory has gone to internet retailers that earned 42% more sales last year. Tianjin's department stores are alarmed. When they announced a dip in sales turnover, internet retailers across China announced stellar ...
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Costs set to rise for China's e-retailers
(Apr 02, 2014) SHANGHAI - E-commerce handling and delivery charges are set to rise in China, pushing more internet retailers including Amazon China and Yixun.com to lift their minimum sales order, a trend likely to spread than to halt. Operating costs are rising not just for manufacturers but also for e-commerce operators whether ...
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Digitalizing Jiangsu all the way from start-ups
(Mar 22, 2014) NANJING, Jiangsu - New industry parks sprouting across Jiangsu province in eastern China are not just nationally advanced but have left room for even the smallest start-up companies, stirring software development, games creation and numerous outsourcing services. Nanjing-based Software Valley is inviting newcomers after the first round of success in ...
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Jiangsu foresees rapid increase in internet financing
(Mar 25, 2014) NANJING, Jiangsu - A frenzy of internet financing has spreaded to Nanjing and Wuxi, Jiangsu province where the city governments opened an internet financial center and created financial joint ventures for foreseeable opportunities. The Internet Financial Center, funded RMB300 million out of an industry development fund, will be a central ...
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When Liando U Valley enters second-tier cities
(Mar 25, 2014) CHANGZHOU, Jiangsu - Beijing-based Liando Investment (Group) Co. Ltd. signed a RMB7 billion industrial park real estate project, the Liando U Valley Changzhou International Companies Park in Changzhou, Jiangsu province, filling the city's growing appetite for advanced industries. In the first phase of development, Liando U Valley will invest RMB3 ...
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