Ctrip.com International Ltd, a top company providing travel service in China, stated on Aug. 15 that its second season net profit rose 33% year on year, reporting total revenues of 508 million yuan, respectively with hotel reservation revenues up to 227 million yuan. This represents a 16 percent increase year-on-year, and a 21 percent increase season to season. Air-ticketing revenues were 222 million yuan, a 32 percent year-on-year growth, and a 20 percent increase quarter to quarter; packaged-tour revenues were 36 million Read more…

Popularity: 1% [?]

China, company, economy, profit, season, travel

A manufacturing plant for laptops will be set up in Chongqing by global computer maker Hewlett Packard (HP) and contract manufacturer of electronic products, Foxconn International Holdings, which plan to jointly invest $3billion, marking the fifth move of HP’s development  in Chongqing during the past three years.

The investment is made up of two projects, a laptop computer export base of HP’s and a manufacturing base of Foxconn’s. The former will order the latter to make production. Besides, Foxconn Read more…

Popularity: 2% [?]

China, Chongqing, computer, economy, HP, laptop

Invitation for Bids (IFB)

Bid No.: 0706-0930000FJ001

1. The Ministry of Finance of the People’s Republic of China has received an ODA Loan from JAPAN INTERNATIONAL COOPERATION AGENCY (hereinafter referred to as JICA), in the amount of 2.442 billion Japanese Yen towards the cost of THE LOAN AGREEMENT No. C03-P181, dated 2004-03-31 for SHANXI PUBLIC HEALTH PROJECT. The above Loan Agreement will cover only a part of the project cost. As for the remaining portion, the Ministry of Finance of the People’s Republic of China will take appropriate measures for finance.

2. China National Technical Import & Export Corporation (hereinafter referred to as “the Procurement agency”) intends to invite sealed bids from eligible bidders from any country and regions of all over the world Read more…

Popularity: 2% [?]

China, economy, health, loan, project, Shanxi

1. The People’s Republic of China has received a loan from the Asian Development Bank (ADB) towards the cost of Jilin Urban Environmental Improvement Project. Part of the proceeds of this loan will be used for payments under the contract named above. Bidding is opening to bidders from eligible source countries of ADB.

2. China National Machinery Import & Export Corporation (CMC, the Procurement Agent), authorized by Changchun Municipal Water (Group) Co., Ltd. (the Purchaser) Read more…

Popularity: 1% [?]

bank, China, development, economy, ifb, loan

Email Marketing is one of the most important marketing technique for both online and offline businesses. If you have a targeted, and verified email list, opportunities are endless for both marketing and branding purposes. Among various email marketing providers on the Internet, Constant Contact, iContact and Vertical Response have been acknowledged to be three most widely used providers.

Read more…

Popularity: 3% [?]

Constant Contact, Email Marketing, iContact, Vertical Response

On August 4, 2009, a Chinese senior labour officer said there were more than16.5 million people out of work. The unemployment situation in China, caused by the global crisis, was very serious.

Wang Yadong (deputy director of the employment promotion department of the Ministry of Human Resources and Social Security) said the unemployment rate will remain below 4.6 percent this year. Read more…

Popularity: 1% [?]

China, economy, job, labour, officer, situation, unemployment, work

On 7:30 am, Monday, June 29, after a 10-hour flight from Germany, Frank Appel, the deutsche post DHL CEO, started his whirlwind visit in Beijing. After meeting government officials, partners and employees, he told his interviewer: Asia and China will still be their focus.

Unlike all the previous visits, this visit during the global economy crisis which has posed a serious threat on this world’s largest logistics company, with a 13% drop in revenue and 42% drop in underlying EBIT (earnings before interest and taxes) in the first quarter of the year. Read more…

Popularity: 1% [?]

Being the second biggest oil company in China, Sinopec Group decided to buy a oil and gas company, Addax Petroleum Corp at the price of 7.3 billion dollars, which is based in Geneva. This happened in a bid to tap oil reserves in West Africa and the Middle East.

It was the subsidiary company of Sinopec Group, Sinopec International Petroleum Exploration and Production Corp (SIPC), that settled the deal. On June 24th, Sinopec in Beijing Read more…

Popularity: 1% [?]

China, company, economy, gas, oil, Sinopec