Blog about Virtual Assistant, Outsourcing, KPO, BPO and China

Software giant Microsoft announced its plan to invest $280 million to build a research and development center in Beijing and significantly expand its research team in the country.

Microsoft started its first R&D center in China as early as 1995. And the company now has research facilities in Beijing, Shanghai and Shenzhen.

Last year, Microsoft invested about $280 million in its R&D activities in China and recruited 1,000 new employees to its China R&D Group.

At present, the company has 3,000 research staff in the country, with 1,500 full-time employees and another 1,500 working on a project basis. And it will double the number of its full-time research employees in China to 3,000 in the next three years.

The new R&D campus will be able to accommodate 5,000 employees, making it Microsoft’s largest research center outside the US when it is completed in 2010.

These investments are said to have helped Microsoft win support from the Chinese government and boosted sales in the Chinese market. Fortune Magazine estimated last year that its revenue from China would exceed $700 million last year, about 1.5 percent of Microsoft’s global sales.

China also has the world’s largest number of Internet and mobile phone users, offering what is believed to be huge opportunities for IT companies.

With the rapid development of the internet, BPOVIA Ltd based in China is always glad to offer our virtual assistant services to businessmen around the world looking for opportunities in the Chinese market.

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BPO, China Business, China Business News, China Outsourcing, China Virtual Assistant, Internet and Hi-Tech, Investment China Beijing, BPOVIA, China, internet, investment, Microsoft, R&D

At present, a growing number of US firms look forward to listing in Shanghai and working with the Chinese authorities given that such feasibility exists.

“More and more of our companies are asking us to show them the way to considering a listing in Shanghai,” NYSE Euronext Inc CEO Duncan Niederauer told the Reuters Exchange and Trading Summit in New York.

Such a prospect of major US companies eager to list on the Shanghai Stock Exchange reflects a drastic reversal of the flow of top Chinese companies going to list on US and other foreign exchanges in the past 15 years.

When asked whether it is possible for a series of leading US companies to eventually list in Shanghai, Niederauer said: “I think it is possible. I think it depends on how easy or difficult it is to do that.”

Over the next 6 to 12 months, NYSE Euronext will be working with the regulator, the China Securities Regulatory Commission, and the Shanghai Stock Exchange to find out whether the feasibility of listing exists.

Businessmen around the globe are increasingly aware of the business potentials on the Chinese market and craving for efficient channels through which they can get access to it. BPOVIA Ltd based in China, with its professional team and qualified virtual assistant services, is the very source for such people.

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BPO, China Business News, China Outsourcing, China Virtual Assistant BPOVIA, China, listing, NYSE Euronext, Shanghai, Shanghai Stock Exchange

An agreement was signed between CineGroup, the world leader in the animation industry, and Conghua Animation and Comic Industry Park in Conghua, a county-level city under Guangzhou on May 4, 2008.

With its 30 years of history and highly qualified talents, the CineGroup turns out over 30,000-minute three-dimensional animations, standing in the front of the global animation field.

And the Animation and Comic Industry Park in Conghua covers a total area of about 113 hecters and has a total investment of 2 billion yuan. It consists of various sections on training, outsourcing and original animation etc, and has gradually been built into a development platform for the animation and comic industry.

According to the agreement, CineGroup will work with Conghua on projects of animation outsourcing bases.

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BPO, China Business News, China Outsourcing agreement, animation, China, CineGroup, Outsourcing