Christmas, once was simply a foreign affair, has now become a big business in China－even during the global economic slowdown.
On Christmas Eve, traffic controls were needed in Xi-shiku Catholic Church located in west Beijing as too many worshippers and visitors crowded here, among which Wang Peng, 29, a stock broker, is one. Even he is not a Read more…
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Prologis, the Denver, US-based company will sell its China business to GIC Real Estate (GICRE), the property investment arm of the Government of Singapore Investment Corp, for nearly $1.3 billion to raise cash to pay down debt. Read more…
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Shanghai, the core city in the economic circle in the Yangtze River Delta with a population of 13.7 million, is on the heels of a global shift in the manufacturing industry and the diversion of the service industry since China begun its reform and opening-up policy 30 years ago.
As service outsourcing has been pushed to the central stage of world economy, driving the development of service outsourcing has become the major task for the Shanghai government to meet its strategic need for an economic structure oriented Read more…
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ITALIAN TRADE COMMISSION BEIJING OFFICE - TENDER NOTICE
The Beijing Office of the Italian Trade Commission (ICE) is launching an open tender for the provision of all structures and furnishings (including their assembling, maintenance, dismantling and transportation) necessary to the Italian participation at the Beijing CIMT 2009 Fair (April 6th-11th, 2009).
Under penalty of exclusion from the tender, bids must be received at the Italian Read more…
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Following massive job cuts because of the global economic downturn, the city’s financial institutions have received an unprecedented number of overseas applicants from a recruitment drive in the US, an organizer said on December 26th.
Sheng Yuruo, an official of Shanghai Financial Services Office and deputy head of the recruitment group, Read more…
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Xi’an, home to the Terracotta warriors, is experiencing a sharp drop of foreign tourists this year, local tourism operators said yesterday. In their opinion, if tourism continues to dip in the Northwest city, there is enough reason for the warriors to turn into Terracotta “worriers”.
With a history of more than 3,100 years, Xi’an, the ancient capital of 13 dynasties, received only 551,000 international tourists (including arrivals from Hong Kong, Macao and Taiwan) in this year’s first 10 months, according to statistics on Read more…
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From the year of 2009, foreign investors will have right to open hospitals in Jilin, run gas stations in Hubei and develop Tibetan medicines in Tibet. In order to develop the middle and western regions, the central government’s new foreign investment directory listed clearly the expanded business opportunities.
The new directory, which can be downloaded on the Chinese version of the commission’s online directory, was made public on Dec. 26th, 2008, and will take Read more…
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In the list of universities from which the richest Chinese graduated released by the China University Alumni Association (CUAA) last Thursday, Peking University ranked first with 35 billionaire alumni.
Zhejiang University and Tsinghua University are the No.2 and No.3, with 23 and 22 billionaire alumni respectively.
Billionaires graduated from Peking University includes sports good tycoon Li Ning, the former “gymnastics prince” who lit the Beijing Olympic torch Read more…
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Relying on the shrewd observation to the global hi-tech industry as well as impartial and independent selection process for more than 10 years, Red Herring, which is honoured as risk investment vane, has established the absolute authority of “The Bible of Silicon Valley”.
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