The Strategic and Economic Dialogue (SED) mechanism was initiated by President Hu Jintao and his US counterpart George W. Bush in 2006. Assistant Minister of Finance Zhu Guangyao said the SED has played an important role in pushing the advancement of relations between Beijing and Washington.
This time, China will work with the new US administration on keeping the SED mechanism to strengthen bilateral ties, according to a senior Chinese financial official in Beijing. China will discuss with the Obama Read more…
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China Business, China Business News, China Economy, China Finance and Banking
China, crisis, economy, SED, talk, U.S.
Thanksgiving Day has come. It is the time that BPOVIA should express their gratitude and thanks to our honored clients and website visitors. Without your support, we may not accomplish so much in the last year; without your unreserved trust, we may not be lucky enough to be nominated as the Finalists for the “Red Herring 100 Asia” Awards 2008. BPOVIA is the first virtual assistant service provider in the world to ever be nominated for this prestigious award.
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A senior official form the National Development and Reform Commission (NDRC) warned less developed central and western parts of China are likely to suffer more than coastal regions in the unfolding global economic slowdown in the long term. Du Ying, NDRC’s vice-president said those regions are more vulnerable to global financial woes because of their immature industrial structures, sharply declining resource prices and a weaker capacity to deal with risks and social conflict.
Du made these remarks at a recent national Read more…
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Daming Palace Great Heritage Preservation Demonstration Site
(Daming Palace National Heritage Park)
Landscape Schematic Design
Announcement of Public Tender Read more…
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China Business, China Economy, Investment China, Invitation for Bids China IFB
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In order to create more job opportunities and stimulate the domestic demands, central government has recently taken several approaches to strengthen the infrastructures. The ministry of railway announced that they plan to use 5 trillion yuan ($730 ) to build more new express rail lines and doubt the exist ones.
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What can we see from the photo above? There are a large crowd of university graduates hunting for the jobs in the job fairs. This photo has been used as the cover picture by many mainstream new agencies in China, such as China Daily, China Youth Daily and Yangtze Evening Post. More than 60 thousand universities graduates rushed into the Nan
jing International Exposition Center and the destination of them are the same.
As the global financial crisis has influenced the national economy, a large number of the enterprises have axed their employees or canceled the plan of campus recruitment. Even if the student elites, who has got the offer from the prominent invest bank JP Morgan and Morgan Stanley, have been informed that their entrance time is postponed. The elites have to wait for another year to be in positions, let alone the NEETs (not employment, not education or job training) group. And for the graduates who have expected to be employed by the Fortune Global 500 or NEETs, it is also difficult to start their new life. As the peak of the expansion of higher education, there are more new grads than ever before. Read more…
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Maybe there are millions of TV stations worldwide broadcasting the G20 Summit these days. And there is no doubt that most people in developed countries focusing on what overtures would be put forward during the Summit.
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The China Association of Small and Medium Enterprises (CASME) said on it website on Nov 24, it has launched venture investment fund of 3 billion yuan ($440 million) to help SMEs raise capital. The fund will be established by the end of this year.
Beside this, according to CASME, other efforts include the joint issue of an SME corporate bond with the Liaoning provincial government and the founding of a bank with a planned registered Read more…
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The global economy is still on the way of deteriorating, and the signs of distress mounted last Friday. Shares in the US bank Citigroup Inc are plunging; oil prices are falling and the future of US carmakers hanging in the balance.
Given the economic slowdown and turmoil in financial market, the Bank of Japan left interest rates unchanged at 0.3 percent. This shows there is a long way for recovery. Global stock reaching a Read more…
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China is starting another goal that has been cherished for a long time, which is operating high-speed telecom services. China Mobile has dished out over $4 billion of deals and smaller rival Unicom is hoped to win a 3G license soon.
But analysts continued to warn that in such a worsening economy, carriers and investors should not expect quick returns with consumers after investing billions of dollars.
The world’s largest mobile provider, China Mobile, is now planning to acquire dual-band cellphones with Motorola and Sony-Ericsson. This kind of cellphones is expected to be used on China’s homegrown third-generation wireless standard, known as TD-SCDMA.
According to the Chairman Read more…
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The Strategic and Economic Dialogue (SED) mechanism was initiated by President Hu Jintao and his US counterpart George W. Bush in 2006. Assistant Minister of Finance Zhu Guangyao said the SED has played an important role in pushing the advancement of relations between Beijing and Washington.
