- With power comes responsibilityA popular saying, "with great power comes great responsibility" comes to mind when one reads of the news of China reaching another milestone in its phenomenal economic development: replacing Japan as the world's second largest economy.
- Try harder to build world-class university systemChina must endeavor to build a world-class university system. China needs to invest in its universities and really "try harder" to make top flight domestic education a reality.
- Foreign firms should adjust to changing Chinese marketChinese policies tailored to foreign investors have essentially remained "unchanged" during the past three decades, and it's unwise for foreign businesses to always "politicize" trade issues, Tong Zhiguang, former vice-minister of commerce, told China Daily in an exclusive interview.
- E-commerce volume surged to 2.25t yuan in first halfChina's e-commerce industry is expected to see rapid growth in the next few years, with the average annual growth rate surpassing 35 percent, a top government official said on Tuesday.
- Vital element in the China modelChina offers a better development model than the West. True or not true? The British magazine The Economist is doing an online poll asking whether their readers are for or against such opinion.
- CNOOC's profit growth to exceed PetroChina's, Shell'sCNOOC Ltd, China's biggest offshore oil producer, may post first-half profit growth more than double that of PetroChina Co and Royal Dutch Shell Plc after selling more crude to meet diesel demand from factories and farmers.
- Lujiazui Breakfast: News And Views About China StocksInvestors and traders in China's main financial district in Shanghai are talking about the following before the start of trade today
- What Chinese Shoppers Are Buying OnlineIn a mid-summer issue of Shukan Economist, a Japanese business weekly, Japan-made products on the Chinese Taobao e-commerce rankings were listed like a snapshot, giving revealing insights of Chinese consumer desires, suspicions and behavior patterns.
- Inside China's Consumer CultureIn order to understand the future trajectory of China's domestic consumer market, it's important to gain an understanding of the historical context of consumerism in China.
- China Labor Cost Increases, Setting the Bar for OthersIt's been clear over the past few months that labor costs are going up in China. That's now rippling to other manufacturing economies in Asia.
- China Trade Surplus Widened in JulyChina's trade surplus for July widened to its highest level in a year and a half, government data showed Tuesday, likely adding to the pressure on Beijing to allow faster yuan appreciation.
- High trade surplus 'likely to remain'The country's high trade surplus will likely remain for the rest of the year as domestic demand continues to shrink from government attempts to curb the property bubble, Chinese analysts have said.
- Next decade is China's golden period of developmentChina's current economy can be summarized with following wording: Its economic situation remains unchanged, economic policy is stable and steady, and the adjustment of its irrational economic structure has been hastened. What merits attention here is that some outcome of the economic restructuring is already available.
- Business is not the same in ChinaWhy has China succeeded so spectacularly in the span of just three decades since the launch of Deng Xiaoping's economic reform? The reasons that are usually cited are China's compelling demographic, geographic and broad cultural factors. What is less understood is that China's success has also depended on its entrepreneurs - and their deeply rooted patterns of activity.
- China gets top ranking in survey of world's emerging economiesChina ranks No 1 among 27 emerging economies due to its huge consumer market and rapid economic growth, according to the Emerging Markets Opportunity Index released by US accounting firm Grant Thornton.
- Consumers, rapid growth help China takes the leadChina ranks No 1 among 27 emerging economies due to its huge consumer market and rapid economic growth, according to the Emerging Markets Opportunity Index released by US accounting firm Grant Thornton.
- Building a new economic orderThe East and the West must balance their respective economic structures to thrive in the post-crisis world.
- Manufacturing in China 'has a future'Manufacturing will remain a major part of the Chinese economy for at least the next 100 years despite strikes and increased labor costs, according to a leading economics research body.
- E-commerce boom continues in ChinaFor Wen Zhenhua, the biggest success of her career was the bulk sale of condoms on www.meituan.com, a newly-opened and flourishing group-buying website.
- China GDP up 11.1% in 1st half of 2010China's economy grew 11.1 percent year-on-year to hit 17.28 trillion yuan ($2.55 trillion) in the first six months, the National Bureau of Statistics (NBS) said Thursday.
- China's online population tops 420 millionChina's online population has reached 420 million by the end of June, according to a report issued by the China Internet Network Information Center (CNNIC) here on Thursday.
- China surpasses India for outsourcingChina has replaced India as the primary destination of outsourcing and shared services for Asia-Pacific companies, accounting firm KPMG revealed on Wednesday.
- Chinese cities better on world competitive list
Six Chinese cities are among the top 100 competitive cities in the world, according to a survey report released by a top Chinese think tank on Wednesday.
- Surprised? China Still Welcomes Google's BusinessGoogle has announced that China has renewed its ICP license, allowing the search giant to continue to operate google.com.cn.
- Understanding global supply chainBeing a large city in the Western and inland region, Chongqing is less dependent on exports and more on domestic consumption and investment. Having invested in good infrastructure, the city's priorities are now to tackle crime and make the city greener.
- China's Trade-Surplus Growth Increases Pressure to Let Yuan Rise China's trade surplus rebounded in June to its highest level in half a year, according to government economic data that could increase pressure on China to let the yuan strengthen more quickly.
- Foreign firms still gung ho on ChinaForeign companies operating in China and experts on Wednesday reiterated that the nation is still an attractive destination for investors.
- China's online forum users hit 117 millionChina's online forum users exceeded 117 million in 2009, said a blue paper on the development of the new media in China issued here Wednesday.
- Is China or India aging better?Chinese and Indian demographies will be rather different three decades from now. What kind of economic outcomes are the differences expected to create?
- China premier: economic environment 'complicated'China's economic health still faces threats from the halting global recovery, but Beijing has no plans to make major changes to its economic policies, Premier Wen Jiabao said in a report posted on the central government's website Sunday.
- Trial launched to converge TV, web and phonesAuthorities on Thursday launched a major pilot project in 12 cities nationwide to help converge the telecommunications, Internet and broadcast networks, the State Council said in a statement on the government's website.
- China's yuan hits new record high against USDThe central parity of the Renminbi (RMB), or China's currency yuan, strengthened to US$ 6.7720 per on Friday, a new record high, according to the data released by the China Foreign Exchange Trading System.
- Baidu to explore Silicon ValleyBaidu, the largest Chinese Internet search engine, plans to recruit at least 30 engineers from the Silicon Valley at a job fair in the United States on July 10, the first step of their global recruitment plan.
- China to improve access to finance for SMEsChina pledged Thursday to improve financial services for small and medium-sized enterprises (SMEs) by offering them better access to finance.
- How China Should Deal with GoogleGoogle's beef with China's government is making international headlines again. The company's Chinese license as an Internet content provider is up for renewal this week, and the government has made it clear it won't accept Google automatically forwarding Web surfers to an uncensored search engine in Hong Kong, as the company has done since January.
- Diverting A U.S.-China Trade WarChinese exports are surging. American politicians are complaining. This is not an easy time for trade relations between the United States and China.
- Chinese people have stood upIt was my wife Lakshmi who first awakened me to the beauty of China.
- One Big Difference Between Chinese and American Households: DebtOne of the nicest by-products of the trip was to gain access to the first iteration of the Survey of Chinese Consumer Finances, collected by Tsinghua University and funded by Citibank (China) Co., Ltd. The data provide insights into their culture and, upon reflection, clues about our own.
- Second-Hand Luxury Market On The Rise In ChinaFor some of China's aspirational luxury buyers — typically lower-level white collar workers who have been known to subsist on instant noodles to save up for a Louis Vuitton handbag — the quiet growth of the second-hand luxury market has been something of a godsend.
- Global role for renminbiChina must gradually hike the yuan's share in international trade settlements and develop it into a key reserve currency
- China's Consumerism Offers Opportunities Milk, insurance and air conditioners have one thing in common—they all offer potential plays on the growing importance of the Chinese consumer.
- China Recasts Its Global RolePresident Barack Obama, badly in need of good news, got some over the weekend from the most unlikely of sources: China, which said it would allow the value of its currency to rise, thereby answering the single most fervent prayer U.S. officials utter when seeking divine intervention to help with America's big trade deficit.
- Outsourcing Can Do Much More Than Just Cut Costs Outsourcing and offshoring began as cost-cutting measures, but companies that create real sustained value routinely use them for far more strategic ends--to gain capabilities that they don't have in-house, or to strengthen capabilities they do have.
- What is Holding Back Digital Advertising Adspend in China?The past five years have seen a dramatic increase in the amount of adspend going from traditional media to online advertising.
- Global rally cools after China leaves yuan flatChina's yuan bolted to a 21-month high on Monday, suggesting authorities are unshackling the currency from its de facto 23-month-old peg to the dollar after vowing greater flexibility at the weekend.
- What The Yuan's Rise Means For U.S. DebtWill China's pledge to drop its currency peg to the dollar spell trouble for U.S. Treasuries?
- Foreign trade in Jiangsu up 50%Foreign trade in economically-developed Jiangsu province in eastern China totaled $174.29 billion in the first five months of the year, a 50 percent year-on-year increase.
- Experts say foreign investment to remain robustPressures that foreign companies may face in China for pay rises will not dampen their confidence about investing in the country, with the nation set to welcome a new wave of foreign direct investment (FDI) this year, according to a think-tank of the Ministry of Commerce.
- Take A Hint From ChinaSuddenly, just as people in China were starting to wonder if they still needed foreign capital and know-how, we went and proved to the Chinese that we were greedy, dumb and actually needed China's help to pull us out of our own mess
- China issues white paper on Internet policyThe Chinese government Tuesday published a white paper on its Internet policy, stressing the guarantee of citizens' freedom of speech on the Internet and more intensive application of it.
- China calls for int'l co-op on cyber securityChina urged the international community to jointly protect Internet security in a white paper issued Tuesday.
- 4.3 trln yuan invested in Internet infrastructureChina invested a total of 4.3 trillion yuan ($630 billion) in Internet infrastructure construction from 1997 to 2009, said a white paper issued by the Information Office of the State Council Tuesday.
- Hu stresses science, technology at conferenceChinese President Hu Jintao Monday stressed the role of science and technology in "building an innovative nation, transforming the growth pattern and gaining initiative in development."
- How China and America can become better friendsThe Wall Street Journal suggested in its summary of the second round of the China-US Strategic and Economic Dialogue in Beijing, that the talks were part of what is "arguably the most important bilateral relationship in the world."
- Economists: China's macroeconomic control policies prove fruitfulThe macroeconomic control policies adopted by the Chinese government since mid-2008 have been proven successful, two economists said Saturday.
- Retailing giant Wal-Mart to expand business in ChinaWal-Mart plans to add 10 million square feet of retailing space in China this year, said a senior executive of the world's largest retailer Saturday.
- Chinese business assets grow to $3.9 trillion
Global Chinese business assets grew to $3.9 trillion in 2009, a 56 percent growth from 2008, and a slight 5 percent rise compared with $3.7 trillion in 2007, according to the 2009 World Chinese Entrepreneurs Development Plan released by the China News Agency special seminar group Thursday, the Xinhua news agency reported.
- Yuan target of greedy speculatorsWhen the price of crude oil rose fivefold between 2003 and 2007, it was clear that speculators were making profits at the expense of humanity. Many so-called "free markets" are in reality controlled by speculators, who lobby to prevent scrutiny of their activities.
- Attracting Chinese Investment
I have a shiny publication in front of me. Africa Invest magazine, published by the Ministry of Science and Technology; summarizes the China Exhibition in Cairo in November, promotes the Africa Invest Internet Club, lists Chinese companies in energy, telecom and health tech, and contains pages and pages of government officials in photo ops.
- No dearth of foreign investorsFacts on the ground prove that media claims about China's investment environment are far from true.
- Different roads, same destinationIt will be interesting to see how China and India invest in their economic, business and social structure.
- China boosts holdings of US Treasury debt by 2 pctChina boosted its holdings of U.S. Treasury debt for the first time in six months. That development could ease concerns that lagging foreign demand will force the U.S. government to pay higher interest rates to finance its debt.
- US, Europe look to China for clean energy salesU.S. leaders want China's clean energy boom to drive technology exports and are sending a sales mission to Beijing this week. But Beijing wants to create its own suppliers of wind, solar and other equipment and is limiting access to its market, setting up a new trade clash with Washington and Europe.
- FDI rise indicates confidenceChina's foreign direct investment (FDI) grew by nearly 25 percent in April, an indication that the country remains a favorite destination for foreign capital.
- Where will China-Britain relations go?As Tory leader David Cameron entered 10 Downing Street on May 11, Britain's first coalition government under parliament since 1974 was finally formed.
- Why Hong Kong Is China's New Tech HubMore than 10 years ago, before the Internet bubble popped in 2000, Silicon Valley venture capitalists and technology professionals all looked to China as the goal of any leading Internet company.
- How Multinationals Can Compete In ChinaAs China gains dominance on the world stage, more and more multinational corporations will need to rethink their assumptions about competing under its state-capitalism model--one in which the government is the principle economic driver.
- Will asset bubble go the Japan way?Success depends on reallocation of resources to revitalize China's heartland. The game plan to rebalance the economy away from investment toward private consumption is important.
- EU's massive bailout to affect ChinaA nearly $1 trillion rescue package to prevent the Greek sovereign debt crisis spreading in Europe will impact on various facets of the Chinese economy, analysts have said.
- The Manufactured Myth of Manufacturing DeclineThe recent flare-up in U.S-China relations over the Chinese currency issue has temporarily subsided. But the heat will rise again next month, as the public is treated to more tall tales about China's rising at America's expense.
- Humility, Strength, GuanxiRecognizing one's limits, knowing when not to cave in and networking are three attributes essential for any foreign executive taking on China.
- Staying PowerWorking with the government is a vital skill in doing business in China but not easy to acquire.
- Ministry: Time to get 'real' on China's InternetChina has been actively promoting a real-name registration system for Internet and cell phone users to better manage Internet information and services, said Wang Chen, minister of the State Council Information Office.
- Forty-six US business executives to visit ChinaForty-six US business executives will join US Commerce Secretary Gary Locke in China and Indonesia May 15-25 on the first cabinet-level trade mission of the Obama Administration, the Commerce Department said on Tuesday.
- Websites in China mushroomed to over 3 millionThe amount of Chinese domestic websites grew to 3.23 million by the end of 2009, with an annual increase rate of 12.3 percent, according to statistics from the Ministry of Industry and Information Technology, the Beijing Times reported on Tuesday.
- U.S. to increase exports to China The United States will try to boost exports to China - rather than limit imports from the country - to reduce its huge trade deficit, US Secretary of Commerce Gary Locke has said.
- China Opens World Expo in ShanghaiChina opened the 2010 World Exposition in Shanghai on Saturday [5/1/10] with a lavish show and hundreds of thousands of visitors. Organizers expect some 70 million people to tour the exhibits, mostly Chinese visitors, during the six-month-long event.
- China Daily China
Daily is China’s national English-language newspaper. Its web site provides up-to-the-minute
feeds on major events in China and abroad along with editorial and news analyses
from a variety of viewpoints as well as sections on culture, city life, forum, entertainment
and lifestyle.
- China Digital TimesA
bilingual news website that aggregates news and analysis about China from around
the Web, provides independent reporting, translations from Chinese cyberspace, and
perspectives from across the geographical, political and social spectrum.
- China Tech NewsA
technology news and information portal based in Hong Kong that offers the latest
news, announcements, updates and commentary from the technology industry. It covers
business, software, Internet, gadgets and electronics, security, telecom and wireless,
law and policy and other relevant categories.
- Wall Street Journal
– China Real-time ReportChina Real Time Report is the Wall Street Journal’s
central microsite for China focused news and analysis. It relies on WSJ staff and
a network of Dow Jones reporters across Greater China to provide news and commentary
on hot topics of the day in law, policy, economics and culture.
- The China Economic
ReviewAn online magazine covering business, finance and economic news across
China. Published in Hong Kong, the site offers news items, original reporting, commentary
and analysis. Many articles are free, but access to in-depth articles, analysis
and archives requires a paid subscription.
- China Law BlogOne
of the best blogs about doing business in China. Although its main focus is business
law, this site contains extensive advice on common business practices, traveling
and living in China, and other topics of value to companies considering entering
the China market.
- Silk RoadThis
blog covers a myriad of business topics and challenges facing companies interested
in setting up production in China. It offers practical advice and sometimes humorous
observations on the nuances of marketing, working with partners, and dealing with
cultural issues when doing business.
- China Sourcing BlogAn
active and well-written blog focusing on primarily on the manufacturing sector and
covering topics such as payment systems, transportation and logistics, regulations,
quality control and supply chains. The posts are very detailed and contain many
useful market charts and market statistics.
- All Roads Lead to
ChinaThis site offers news, analysis and advice on China’s current trends,
macroeconomic development, regional differences and consumer preferences. Additionally,
the blog examines industry and manufacturing trends, quality control issues, and
networking in China and also offers cultural tips.
- Asiabizblog This blog
focuses on current issues and events affecting companies doing business in China
and other locations in Asia. Updated twice weekly by attorney Rich Kuslan, it covers
topics from intellectual property rights to business opportunities from a business
and legal perspective.
- China Online MarketingA
website and blog dedicated to providing information on how to perform Internet marketing
within China. The site includes numerous articles on Baidu, SEO, online payment
practices, marketing research and other topics of interest to companies planning
to use the Internet as part of their China market strategy.
- Tradeshows in ChinaGood
source for finding tradeshows and exhibitions within China. Shows can be found by
industry, date, and city location.
-
The China Conference CalendarA tradeshow calendar maintained by the China
Business Review online journal. Its conference list covers a variety of industry
sectors.
- Featured Research and Statistics
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- In Mainland China, the Rich Get Rich Younger To see one key difference between the wealthy in Hong Kong and mainland China, take a look at 26-year old Chinese property developer Yang Huiyan and 82-year-old Hong Kong tycoon Li Ka-shing.
- China's energy consumption to top the worldChina is likely to consume the world's most energy this year, and could take half of the world's total consumption in 2020 if it keeps the developing pattern unchanged, the Beijing Times reported Monday citing an expert.
- China Data CenterA
data center from the University of Michigan. It offers statistics on China including
information on census, agriculture, economics, and more.
-
Doing Business - Measuring Business RegulationsShows summary data for the
selected economies, including China. The first table lists the overall "Ease of
Doing Business" rank (out of 183 economies) and the rankings by each topic. The
rest of the tables summarize the key indicators for each topic and benchmark against
regional and high-income economy (OECD) averages.
- CIA World Factbook (China)A good source of general information
and statistics on China (and other nations). Its information is organized by geography,
people, government, economy communication, transportation, military, transnational
issues using a standard format that facilitates country by country comparisons.
- PRC National Bureau of
StatisticsThis site offers a wealth of official statistical reports and communiqués
covering economic, census and industry sector data. Reports are available on a monthly,
quarterly and annual basis and the site maintains many years of historical data.
- Statistical Survey Report on Internet Development in China
This 73 page report produced by the China Internet Network Information Center in
January 2009 provides an in-depth look at China’s internet use. It covers the size
and growth of the user base and site registrations, demographic structure, geographic
distribution, access methods, bandwidth use, and even application usage behaviors.
- Unleashing the Chinese Consumer"If you've got it, spend it:
Unleashing the Chinese consumer" is a research report published by the McKinsey
Global Institute in August 2009. It advocates a program of comprehensive reform
to raise private consumption above 50 percent of GDP by 2025. Doing so would generate
more jobs, allocate capital and resources more efficiently, and enrich the global
economy with $1.9 trillion a year in net new consumption.
- McKinsey Global InstituteThe
McKinsey Global Institute publishes numerous research reports on global economic
and policy issues. Interesting reports on China include: "From 'made in China' to
'sold in China': The rise of the Chinese urban consumer" (November 2006), "Meeting
the challenges of China's growing cities" (July 2008), "Preparing for China's urban
billion" (February 2009), and "The value of China's emerging middle class" (June
2006)
- WorldbankQuarterly update
Trade and Networking Associations
- US Commercial ServiceThe
United States Commercial Service is the trade promotion arm of the Department of
Commerce. With the mission of promoting and supporting U.S. commercial interests
abroad, U.S. Commercial Services has locations at the U.S. Embassy in Beijing and
at Consulates in Chengdu, Guangzhou, Shanghai, and Shenyang as well as partners
in 14 additional cities. This site offers extensive free and for fee resources and
offerings.
- American
Chamber of Commerce in ShanghaiWith a mission to promote American business
interests in China, the Chamber of Commerce offers numerous services to help its
members enter and stay abreast of the China market. Its site contains many useful
documents, links and directories as well as information on the organization’s activities
and its scheduled promotional and education events.
- The China
Business NetworkOffers access to a network of individuals offering assistance
and services to companies entering the China market. The site posts interviews and
other helpful materials and has a searchable directory of academics and business
professionals offering legal, financial, and consulting services across multiple
industries.
- NECINANew England Chinese
Information Networking Association (NECINA) is a non-profit networking association
of Chinese professionals. Covering diverse industries including software, telecommunications,
networking, bio-informatics, venture capital, finance, and law, NECINA host regular
seminars, special interest groups and other events to promote educational, career
and business opportunities for its members.
- CINAChinese Information
and Networking Association (CINA) is a non-profit organization founded by IT and
Networking professionals in the Silicon Valley. With over 14,000 members, CINA holds
conferences, monthly seminars, special workshops, social gatherings and other events.
Intellectual Property Protection
- Intellectual Property Protection
in ChinaSponsored by the Ministry of Commerce of the P.R.C, this portal is
a central resource for China’s official intellectual property protection strategy,
policies, laws and regulations. The site provides news items, recent case decisions
as well application guides for copyrights, trademarks and other protections.
- State Intellectual
Property Office FAQSThis page answers frequently asked questions about China's
patent process. The overall site is maintained by the P.R.C agency in charge of
administering patents. Other sections of the site cover policies and rules, offer
patent applications and instructions, enable patent searches and provide statistics
on patent applications.
- IP DragonAn extensive
blog that focuses exclusively on intellectual property laws, news, issues and cases
in China. Launched in 2005, this site contains a wealth of information as well as
a valuable set of links to specific laws and regulations, judicial interpretations
by Chinese courts, applicable treaties, China’s IP related authorities and other
important resources.
- Protecting Intellectual Property in China "Protecting Intellectual
Property in China - A Selective Bibliography and Resource for Research" is a large
and well-annotated bibliography that covers books, book chapters, and law review
articles on Chinese IP laws, regulations, cases, and other relevant information.
- China Venture NewsThis
site focuses on news affecting the venture capital and private equity sectors. It
contains the latest news on venture investments, IPOs and economic and market statistics,
helping to identify hot market sectors and find potential funding sources.
-
ChinaSite.com: Venture CapitalAlthough a bit dated, this site has an extensive,
categorized list of venture capital and other investment firms financing business
ventures in China. The links are notated with information about each firm and give
examples of companies in which they have made investments.
