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	<title>Blog about Virtual Assistant, Outsourcing, KPO, BPO and China &#187; Shanghai</title>
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	<description>Blog about Virtual Assistant, Outsourcing, KPO, BPO and China</description>
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		<title>A scary night in Shanghai &#8212; Halloween</title>
		<link>http://www.bpovia.com/blog/china-business/a-scary-night-in-shanghai-halloween.html</link>
		<comments>http://www.bpovia.com/blog/china-business/a-scary-night-in-shanghai-halloween.html#comments</comments>
		<pubDate>Mon, 02 Nov 2009 07:26:59 +0000</pubDate>
		<dc:creator>Yvonne Dong</dc:creator>
				<category><![CDATA[China Business]]></category>
		<category><![CDATA[China Business News]]></category>
		<category><![CDATA[China Consumer Market]]></category>
		<category><![CDATA[China Economy]]></category>
		<category><![CDATA[Investment China]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[fun]]></category>
		<category><![CDATA[Halloween]]></category>
		<category><![CDATA[night]]></category>
		<category><![CDATA[scare]]></category>
		<category><![CDATA[Shanghai]]></category>

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		<description><![CDATA[ That was an awesome Halloween, the time to get away from monotony and pressure of everyday work to embrace the fun recipes of Jack O’Lantern. 
There is an old warehouse along Suzhou Creek in Shanghai, things here go bump at night, decapitated ghouls and Nosferatu float around in creepy darkness. It’s a night full [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bpovia.com/blog/wp-content/uploads/2009/11/Halloween.jpg"><img style="border-right: 0px;border-top: 0px;margin: 5px 5px 0px 0px;border-left: 0px;border-bottom: 0px" height="204" alt="Halloween" src="http://www.bpovia.com/blog/wp-content/uploads/2009/11/Halloween_thumb.jpg" width="304" align="left" border="0" /></a> That was an awesome Halloween, the time to get away from monotony and pressure of everyday work to embrace the fun recipes of Jack O’Lantern. </p>
<p>There is an old warehouse along Suzhou Creek in Shanghai, things here go bump at night, decapitated ghouls and Nosferatu float around in creepy darkness. It’s a night full of shrieks in a house full of hair-raising, heart-throbbing creatures and gadgets. </p>
<p>They call it “Shanghai<span id="more-2465"></span> Nightmare”, which is the first American style haunted house in China; it has received more than 10,000 visitors over 5 weeks since it opened. Gan Quan which is the Co-founder of this said that it had received 800 guests every single day (day, night) which is also twice of the number they had expected and planned for. </p>
<p>Last Saturday, things had gone bump even outside the house and the ghouls could have flown under the open sky. But unfortunately, the planned Halloween party had to be cancelled out of safety concern, the 26-year-old Gan said. </p>
<p>This 107-year-old 500-sq-m haunted house has contained: ghouls, ghosts, a stomach-churning, “beheading room” and other props such as a jailhouse door and also all the scary gears to maintain a scary ambience. </p>
<p>As the light went out, the intrepid visitors were blanketed in darkness upon setting foot in the first corridor. And there were 13 horror walkways, starting with one on which a girl in a nightgown crawls across a darkened hallway. And then there were horror rooms full of rogue surgeons, dead teenagers and cockroaches on the walls. </p>
<p>Lin Li, a 19-year-student had been scared several times during the time in the dark room with all those bodies popping out everywhere. The whole idea is cool, especially the day before Halloween, Li said. </p>
<p>Gan said that this haunted house was unlike anything that people have seen in China. The house tells a story. It combines art, thrills and a touch of magic and it brings together some of the most stunning audio and visual effects in America. </p>
<p>China has its own tradition ghosts and ghouls, Gan, who grew up in the US, with his partner Charlie Xu saying that they built this Nightmare in Shanghai to give Chinese a real tastes of Halloween. </p>
<p>The Halloween House idea came from Gan’s visit in Shanghai in October in 2008 and he found the people of Shanghai are ready for it and it to have a promising market for Halloween parties. </p>
<p>Taobao, the biggest online commercial site, shows us the sales of the most popular Halloween prop, the pumpkin light, reached 100,000 last week and 2,000 masks were sold across the counter in two days in Shanghai. People turn to online shopping since Halloween goods and customers are usually difficult to find in stores, said one prop buyer, surnamed Zhang. </p>
<p>Also some Taobao shops promoted tombstone-shaped chocolates, vampire bats and spiders to meet consumers’ special needs during the last week of October. </p>
<p>Also Shanghai’s comic artists have been bitten by the Halloween bug. Young artists from Changning Folk Culture Centre were planning to organize a ghost-themed evening party of cross talk.</p>
<p style="height: 10px">&nbsp;</p>
<p><em>Are you interested in the business opportunities in China?</em></p>
<p><em>China is one of the world’s great growth markets and is likely to be for many years to come. Foreign companies often face difficulties in assessing Chinese market demand and enacting effective strategies because of the language barriers, culture differences, and high expense.</em></p>
<p><em><a href="http://www.bpovia.com">BPOVIA</a> is the leading <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> and <a href="http://www.bpovia.com">Knowledge process outsourcing (KPO)</a> service provider in China. <a href="http://www.bpovia.com/">BPOVIA</a> is the only <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> company ever been nominated for the prestigious “Red Herring 100 Asia” Awards 2008. Combines international perspective with local know-how, <a href="http://www.bpovia.com">BPOVIA</a> can provide our clients China business development service and help our clients doing successful business in China.</em></p>
<p><em>Please visit <a href="http://www.bpovia.com">http://www.BPOVIA.com/</a> for details about our service.</em> </p>
<p style="height: 10px">&nbsp;</p>
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		<item>
		<title>Vaccine related shares go up</title>
		<link>http://www.bpovia.com/blog/china-business/vaccine-related-shares-go-up.html</link>
		<comments>http://www.bpovia.com/blog/china-business/vaccine-related-shares-go-up.html#comments</comments>
		<pubDate>Thu, 29 Oct 2009 03:29:15 +0000</pubDate>
		<dc:creator>Yvonne Dong</dc:creator>
				<category><![CDATA[China Business]]></category>
		<category><![CDATA[China Business News]]></category>
		<category><![CDATA[China Consumer Market]]></category>
		<category><![CDATA[China Economy]]></category>
		<category><![CDATA[Internet and Hi-Tech]]></category>
		<category><![CDATA[Investment China]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[flu]]></category>
		<category><![CDATA[H1N1]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[Shanghai]]></category>
		<category><![CDATA[vaccine]]></category>

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		<description><![CDATA[ As the H1N1 flu spread all over the world, the share prices of domestic vaccine makers rose on surging order for vaccines, even the benchmark Shanghai Composite Index fell 2.83 percent.
The vaccine producer Hualan Biological rose 2.47 percent to 57.7 yuan in Shenzhen on Oct 27 while Layn Natural Ingredients rose 2.93 percent to [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bpovia.com/blog/wp-content/uploads/2009/10/yimiaogupiao.jpg"><img style="border-top-width: 0px;border-left-width: 0px;border-bottom-width: 0px;margin: 5px 5px 0px 0px;border-right-width: 0px" height="227" alt="yimiaogupiao" src="http://www.bpovia.com/blog/wp-content/uploads/2009/10/yimiaogupiao_thumb.jpg" width="354" align="left" border="0" /></a> As the H1N1 flu spread all over the world, the share prices of domestic vaccine makers rose on surging order for vaccines, even the benchmark Shanghai Composite Index fell 2.83 percent.</p>
<p>The vaccine producer Hualan Biological rose 2.47 percent to 57.7 yuan in Shenzhen on Oct 27 while Layn Natural Ingredients rose 2.93 percent to 44.94 yuan.</p>
<p>As Shenzhen Neptunus Bioengineering<span id="more-2462"></span> Co increased 9.24 percent to 15.85 yuan, Zhejiang CONBA Pharmaceutical Co LTD also increased 6.13 percent to 12.12 yuan. China Meheco Corporation closed at 20.98 yuan yesterday, 10 percent up.</p>
<p>The share market also goes well and the five companies’ shares hit the daily limits of 10 percent on Monday.</p>
<p>An industrial analyst Cai Jianjun pointed, the recent gain is mainly underpinned by government orders for vaccines.</p>
<p>China faced a grim situation in containing the disease as the number of cases has risen, said Health Minister Chen Zhu. As of Oct 26, china reported 35,664 H1N1 inflection with 3 deaths, and also in the US President Obama declared that H1N1 a national emergency on Oct 24.</p>
<p>Expert with the ministry of health’s expert panel Xi Xiuming, said there is no reason for any panic but alertness is needed.</p>
<p>Central government has also been massively buying the H1N1 vaccines. And Hualan said it won an order for 11.21 million doses of its flu vaccine from the central government. Beijing Tiantan said it has won an order for 3.02 million doses. Sinovac Biotech received an additional order of 5.19 million.</p>
<p>New York listed company also gained 7.61 percent to close at $8.06 apiese on Monday and all the doses must be delivered by Dec 12.</p>
<p>Cai said that he still feels that the boom in H1N1 vaccine stocks stems largely from speculation, but there are two domestic companies can benefit from the new orders which are Beijing and Tiantan.</p>
<p>Li Yingpeng, the analyst of Galaxy Securities said that this is not the first ever rally of the vaccine sector. Since the H1N1 outbreak in Mexico in March, the pharmaceutical shares have risen many times however, that does not completely reflect their true performance. However for those companies which have won the vaccine orders, there will be substantial improvement in balance sheet. For example, a single dose is priced at 20 yuan, Hualan’s latest order can earn 200 million yuan, which may bring about 100 million yuan of profits. </p>
<p style="height: 10px">&nbsp;</p>
<p><em>Are you interested in the business opportunities in China?</em></p>
<p><em>China is one of the world’s great growth markets and is likely to be for many years to come. Foreign companies often face difficulties in assessing Chinese market demand and enacting effective strategies because of the language barriers, culture differences, and high expense.</em></p>
<p><em><a href="http://www.bpovia.com">BPOVIA</a> is the leading <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> and <a href="http://www.bpovia.com">Knowledge process outsourcing (KPO)</a> service provider in China. <a href="http://www.bpovia.com/">BPOVIA</a> is the only <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> company ever been nominated for the prestigious “Red Herring 100 Asia” Awards 2008. Combines international perspective with local know-how, <a href="http://www.bpovia.com">BPOVIA</a> can provide our clients China business development service and help our clients doing successful business in China.</em></p>
<p><em>Please visit <a href="http://www.bpovia.com">http://www.BPOVIA.com/</a> for details about our service.</em> </p>
<p style="height: 10px">&nbsp;</p>
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		<title>Dalian port&#8217;s expectation for Shanghai listing</title>
		<link>http://www.bpovia.com/blog/china-business/dalian-ports-expectation-for-shanghai-listing.html</link>
		<comments>http://www.bpovia.com/blog/china-business/dalian-ports-expectation-for-shanghai-listing.html#comments</comments>
		<pubDate>Thu, 22 Oct 2009 01:08:10 +0000</pubDate>
		<dc:creator>Yvonne Dong</dc:creator>
				<category><![CDATA[China Business]]></category>
		<category><![CDATA[China Business News]]></category>
		<category><![CDATA[China Economy]]></category>
		<category><![CDATA[China Trade Import Export]]></category>
		<category><![CDATA[Investment China]]></category>
		<category><![CDATA[capital]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Dalian]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[port]]></category>
		<category><![CDATA[Shanghai]]></category>

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		<description><![CDATA[ The China’s third largest port operator, Dalian Port Co Ltd expects to complete its initial public offering on the Shanghai Stock Exchange within the first half of 2010, Sun Hong, the Chairman of Dalian Port Co Ltd said.
The company was listed in Hong Kong in 2006 which means it will become China’s first port [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bpovia.com/blog/wp-content/uploads/2009/10/daliangang.jpg"><img style="border-right: 0px;border-top: 0px;margin: 5px 5px 0px 0px;border-left: 0px;border-bottom: 0px" height="204" alt="daliangang" src="http://www.bpovia.com/blog/wp-content/uploads/2009/10/daliangang_thumb.jpg" width="304" align="right" border="0" /></a> The China’s third largest port operator, Dalian Port Co Ltd expects to complete its initial public offering on the Shanghai Stock Exchange within the first half of 2010, Sun Hong, the Chairman of Dalian Port Co Ltd said.</p>
<p>The company was listed in Hong Kong in 2006 which means it will become China’s first port with a dual listing.</p>
<p>And also the Dalian Port is the biggest port operator in Bohai Bay which<span id="more-2453"></span> is located in the northeastern China; it focuses on container and crude oil.</p>
<p>The company said this month that it will issue no more than 1.2 billion A shares in Shanghai and no more than 1.2 billion shares to its parent (Dalian Port Co Ltd), expecting to raise a total of 2.8 billion yuan.</p>
<p>Currently the company is holding 3 billion shares and the holding of its parent will be reduced from 60 percent to 55 percent after the share issue.</p>
<p>The executive director of Dalian Port, Zhang Fengge said that assume 3.67 yuan per share as the offering price, and the asset acquisition earned 14 million yuan this year, the dilution effect to H shares may be offset and the earning per share will increaser 0.7 percent.</p>
<p>Funds raised earnings will be used for the construction of dock infrastructure and bulk cargo dock facilities, as well as bank repayment.</p>
<p>Sun also said that the port would increase capital expenditure next year to 3 billion yuan after an asset acquisition from its parent Dalian Port Co Ltd, up from 2 billion yuan this year. And after that asset acquisition, it would enjoy a big market share. And the net profit may rise to 140 million yuan.</p>
<p>Dalian Port accomplished throughput of 185 million tons, an 11.9-percent rise on the previous year, and an 18.1-percent rise in containers to 4.5 million 20-foot equivalent units (TEUs). More than 90 percent of trade containers in northeastern China move through the port to go abroad.</p>
<p>The port aims to boost throughput by 10percent next year from this year’s expected throughput. Its passenger roll-on, roll-off terminal experienced a 50-percent rise on both throughput and revenue in the first half year of 2009.</p>
<p>China port operators have been reporting gradually improving volumes after the deepest slump in global trade because of the economic slowdown.</p>
<p>There is still growth in cargo volumes last month compare to the year earlier, posted by China’s Yangtze River Delta. Cargo throughput at Shanghai rose 5.8 percent year on year to 33.28 million tons last month, according to Shanghai International Port Group (SIPG).</p>
<p>The Baltic Dry Index reached a seven-month high point this week, boosting optimism for port business in the fourth quarter and early next year.</p>
<p>Qingdao, another high rated port, is also gearing up for its IPO as the seventh largest port worldwide and first container transfer port in China.</p>
<p>Tian Guangwen, the vice-president of Qingdao port said that they have been preparing for year, he said that they ran for H shares at first but this year they restarted the application for A share listing and wish to go to the market as a whole.</p>
<p>He also said that it is good news for Dalian. Their IPO will not be for capital raising but for better development.</p>
<p style="height: 10px">&nbsp;</p>
<p><em>Are you interested in the business opportunities in China?</em></p>
<p><em>China is one of the world’s great growth markets and is likely to be for many years to come. Foreign companies often face difficulties in assessing Chinese market demand and enacting effective strategies because of the language barriers, culture differences, and high expense.</em></p>
<p><em><a href="http://www.bpovia.com">BPOVIA</a> is the leading <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> and <a href="http://www.bpovia.com">Knowledge process outsourcing (KPO)</a> service provider in China. <a href="http://www.bpovia.com/">BPOVIA</a> is the only <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> company ever been nominated for the prestigious “Red Herring 100 Asia” Awards 2008. Combines international perspective with local know-how, <a href="http://www.bpovia.com">BPOVIA</a> can provide our clients China business development service and help our clients doing successful business in China.</em></p>
<p><em>Please visit <a href="http://www.bpovia.com">http://www.BPOVIA.com/</a> for details about our service.</em> </p>
<p style="height: 10px">&nbsp;</p>
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		<title>Shanghai and Hong Kong&#8217;s win-win airport joint venture</title>
		<link>http://www.bpovia.com/blog/china-business/shanghai-and-hong-kongs-win-win-airport-joint-venture.html</link>
		<comments>http://www.bpovia.com/blog/china-business/shanghai-and-hong-kongs-win-win-airport-joint-venture.html#comments</comments>
		<pubDate>Fri, 16 Oct 2009 01:25:46 +0000</pubDate>
		<dc:creator>Yvonne Dong</dc:creator>
				<category><![CDATA[China Business]]></category>
		<category><![CDATA[China Business News]]></category>
		<category><![CDATA[China Economy]]></category>
		<category><![CDATA[Investment China]]></category>
		<category><![CDATA[Joint Venture China]]></category>
		<category><![CDATA[airport]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Hongqiao]]></category>
		<category><![CDATA[joint venture]]></category>
		<category><![CDATA[Shanghai]]></category>

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		<description><![CDATA[ The operators of the international airports in Shanghai and Hong Kong formed a joint venture to manage Shanghai Hongqiao international airport which mostly handles China domestic flight. 
In this joint venture, Shanghai will pay 51 million Yuan for holding 51% of share and Hong Kong will take the rest of the shares which is [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bpovia.com/blog/wp-content/uploads/2009/10/hongqiao.jpg"><img style="border-right: 0px;border-top: 0px;margin: 5px 5px 0px 0px;border-left: 0px;border-bottom: 0px" height="210" alt="hongqiao" src="http://www.bpovia.com/blog/wp-content/uploads/2009/10/hongqiao_thumb.jpg" width="304" align="right" border="0" /></a> The operators of the international airports in Shanghai and Hong Kong formed a joint venture to manage Shanghai Hongqiao international airport which mostly handles China domestic flight. </p>
<p>In this joint venture, Shanghai will pay 51 million Yuan for holding 51% of share and Hong Kong will take the rest of the shares which is 49%, the joint venture was named “Shanghai Hong Kong Airport Management Co. This stake structure would remain unchanged for 20 years from<span id="more-2446"></span> 2010. </p>
<p>Han Zheng, the mayor of the Shanghai municipal government, said Shanghai hoped the cooperation would allow the instruction of a sophisticated service and management experience at Hongqiao Airport, enabling it to develop into a highly competitive airport. </p>
<p>Tang Ying-Yen, chief secretary for Administration of the Hong Kong Special Administrative Region government, said it valued and supported the airport project of the two cities, and he believed both sides could benefit from the platform. </p>
<p>The Shanghai government proposed strengthening the economic ties between Shanghai and Hong Kong in 8 sectors including airport, logistics and the world Expo. </p>
<p>The statement also said Hongqiao Airport was building a new terminal that is scheduled to be completed next year, with that the Hongqiao Airport will be expand to 364,000sqm from 82,000sqm. </p>
<p>The airport aimed at 30 million passengers’ flies and 1 million tons of cargo a year by 2015. in 2008, the airport handled 22.9 million passengers and 415,700 metric tons of cargo.</p>
<p style="height: 10px">&nbsp;</p>
<p><em>Are you interested in the business opportunities in China?</em></p>
<p><em>China is one of the world’s great growth markets and is likely to be for many years to come. Foreign companies often face difficulties in assessing Chinese market demand and enacting effective strategies because of the language barriers, culture differences, and high expense.</em></p>
<p><em><a href="http://www.bpovia.com">BPOVIA</a> is the leading <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> and <a href="http://www.bpovia.com">Knowledge process outsourcing (KPO)</a> service provider in China. <a href="http://www.bpovia.com/">BPOVIA</a> is the only <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> company ever been nominated for the prestigious “Red Herring 100 Asia” Awards 2008. Combines international perspective with local know-how, <a href="http://www.bpovia.com">BPOVIA</a> can provide our clients China business development service and help our clients doing successful business in China.</em></p>
<p><em>Please visit <a href="http://www.bpovia.com">http://www.BPOVIA.com/</a> for details about our service.</em> </p>
<p style="height: 10px">&nbsp;</p>
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		<item>
		<title>More graduates have access to get business start-up loans</title>
		<link>http://www.bpovia.com/blog/china-business/more-graduates-have-access-to-get-business-start-up-loans.html</link>
		<comments>http://www.bpovia.com/blog/china-business/more-graduates-have-access-to-get-business-start-up-loans.html#comments</comments>
		<pubDate>Thu, 23 Apr 2009 07:16:39 +0000</pubDate>
		<dc:creator>Yvonne Dong</dc:creator>
				<category><![CDATA[China Business]]></category>
		<category><![CDATA[China Business News]]></category>
		<category><![CDATA[China Consumer Market]]></category>
		<category><![CDATA[China Economy]]></category>
		<category><![CDATA[China Finance and Banking]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[graduates]]></category>
		<category><![CDATA[loans]]></category>
		<category><![CDATA[Shanghai]]></category>

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		<description><![CDATA[On April 1st, Shanghai launched a new policy, which will enable more people to get loans to&#160; start business. 
The new policy of Shanghai human resources and social security bureau says that after providing a feasible business plan, any Shanghai citizen under 35 can apply a one-year loan up to 100,000 Yuan ($14,630), which is [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bpovia.com/blog/wp-content/uploads/2009/04/shanghaibiyeshengzizhuchuangye.jpg"><img style="border-right: 0px; border-top: 0px; display: inline; margin: 5px 20px 0px 0px; border-left: 0px; border-bottom: 0px" height="187" alt="shanghaibiyeshengzizhuchuangye" src="http://www.bpovia.com/blog/wp-content/uploads/2009/04/shanghaibiyeshengzizhuchuangye-thumb.jpg" width="284" align="right" border="0" /></a>On April 1st, Shanghai launched a new policy, which will enable more people to get loans to&#160; start business. </p>
<p>The new policy of Shanghai human resources and social security bureau says that after providing a feasible business plan, any Shanghai citizen under 35 can apply a one-year loan up to 100,000 Yuan ($14,630), which is guaranteed by the government. </p>
<p>An official with the bureau<span id="more-2197"></span> surnamed Zhang said that it was the first time the government was giving loan guarantees to business startups that covered a wide range. </p>
<p>Two years age there were only a small number of graduates could get the government loans in Shanghai. </p>
<p>The new policy consists of several full-round measures to help start-up business. However, entrepreneurs have to take the risks in the first 3 years, according to a notice from the bureau. </p>
<p>Compared with the earlier one-year qualified for loans policy, nowadays any Shanghai native who run a business less than 3 years can apply for start-up loans. </p>
<p>The loan amount could be as much as 100,000 yuan without collateral security and could be a maximum of 1 million with a guarantee. </p>
<p>The students, who graduate from a Shanghai university without residence permit, can also apply for the loans within 2 years of getting the degree. This policy aims to alleviate employment pressure of the 158,000 graduates in Shanghai this summer. It has been proved by the statistics from the bureau that a new business can provide 6 jobs on average. </p>
<p>In 2008, 7.4% of the working-age people in Shanghai had their own business, in addition, more people, account for about 10%, said they would try this if they could have an opportunity. </p>
<p style="height: 10px;">&nbsp;</p>
<p><em>Are you interested in the business opportunities in China?</em></p>
<p><em>China is one of the world’s great growth markets and is likely to be for many years to come. Foreign companies often face difficulties in assessing Chinese market demand and enacting effective strategies because of the language barriers, culture differences, and high expense.</em></p>
<p><em><a href="http://www.bpovia.com">BPOVIA</a> is the leading <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> and <a href="http://www.bpovia.com">Knowledge process outsourcing (KPO)</a> service provider in China. <a href="http://www.bpovia.com/">BPOVIA</a> is the only <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> company ever been nominated for the prestigious “Red Herring 100 Asia” Awards 2008. Combines international perspective with local know-how, <a href="http://www.bpovia.com">BPOVIA</a> can provide our clients China business development service and help our clients doing successful business in China.</em></p>
<p><em>Please visit <a href="http://www.bpovia.com">http://www.BPOVIA.com/</a> for details about our service.</em> </p>
<p style="height: 10px;">&nbsp;</p>
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		<item>
		<title>People in Beijing and Shanghai get more incomes than before</title>
		<link>http://www.bpovia.com/blog/china-business/people-in-beijing-and-shanghai-get-more-incomes-than-before.html</link>
		<comments>http://www.bpovia.com/blog/china-business/people-in-beijing-and-shanghai-get-more-incomes-than-before.html#comments</comments>
		<pubDate>Tue, 07 Apr 2009 06:36:12 +0000</pubDate>
		<dc:creator>Yvonne Dong</dc:creator>
				<category><![CDATA[China Business]]></category>
		<category><![CDATA[China Business News]]></category>
		<category><![CDATA[China Consumer Market]]></category>
		<category><![CDATA[China Economy]]></category>
		<category><![CDATA[China Finance and Banking]]></category>
		<category><![CDATA[Beijing]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[salary]]></category>
		<category><![CDATA[Shanghai]]></category>

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		<description><![CDATA[Based on official statistics, the companies in Beijing and Shanghai kept on boosting worker’s&#160; incomes last year, although we are now going through the worst financial disasters.&#160; 
According to the Beijing Municipal Bureau of Statistics, last year, workers in Beijing averagely earned 44,715 yuan, which is 4,848 yuan more, or a 12 percent increase than [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bpovia.com/blog/wp-content/uploads/2009/04/zhanggongzi.jpg"><img style="border-right: 0px; border-top: 0px; display: inline; margin: 5px 10px 0px 0px; border-left: 0px; border-bottom: 0px" height="221" alt="zhanggongzi" src="http://www.bpovia.com/blog/wp-content/uploads/2009/04/zhanggongzi-thumb.jpg" width="284" align="right" border="0" /></a>Based on official statistics, the companies in Beijing and Shanghai kept on boosting worker’s&#160; incomes last year, although we are now going through the worst financial disasters.&#160; </p>
<p>According to the Beijing Municipal Bureau of Statistics, last year, workers in Beijing averagely earned 44,715 yuan, which is 4,848 yuan more, or a 12 percent increase than that in 2007. </p>
<p>Statistics of the Shanghai Municipal Statistics Bureau shows that last year, workers in Shanghai averagely<span id="more-2179"></span> earned 3,292 yuan a month, which is 400 yuan more or 13.8 percent increase than that in 2007. </p>
<p>Beijing’s statistics bureau also showed us a picture of different salary standards in different careers. Beijing’s statistics bureau has 138,000 units, including State-owned, private, foreign-funded and joint venture companies. Among which, stockbrokers earned most salary last year. Some top executives earned more than 1 million yuan last year. </p>
<p>People in financing, banking, maritime transport, air transport, insurance, tobacco, radio, TV, film and audio industries, made 100,000 yuan on average last year. </p>
<p>People in Telecommunications, computer service, and software industries earned 80,000 to 100,000 yuan on average last year. They are just below those financial workers. </p>
<p>However, the industries of clothing, footwear and headgear were the poorest industries for their workers earned less than 20,000 yuan on an average. </p>
<p>As salaries vary in different industries, they also diverse greatly in the same industry. The most dramatic difference can be show in the securities industry, whose annual incomes varies from less than 50,000 yuan to more than 1 million yuan. </p>
<p>Different opinions have been aroused by this data. Lin Nan, an employee of a Beijing-based exhibition firm said, “I first thought it was impossible that people’s salaries could vary so drastically. I did not get any raise in my salary last year.” </p>
<p>And he believed that this survey dose not show the real status because the interviewed people are only a small group of filthy rich employees showing a jump in everyone’s salary. </p>
<p>A secretary general of Shanghai Human Resources Consulting Association claimed that it is the Shanghai’s introduction of more international financial professionals last year that helped raise the level of salaries. </p>
<p>As he said, shanghai has been trying to attracting more top talents from around the world to develop more high-end sectors like consulting, financial and technology research. The effort made on optimizing the city’s industry structure is also a factor on increasing salaries.</p>
<p style="height: 10px;">&nbsp;</p>
<p><em>Are you interested in the business opportunities in China?</em></p>
<p><em>China is one of the world’s great growth markets and is likely to be for many years to come. Foreign companies often face difficulties in assessing Chinese market demand and enacting effective strategies because of the language barriers, culture differences, and high expense.</em></p>
<p><em><a href="http://www.bpovia.com">BPOVIA</a> is the leading <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> and <a href="http://www.bpovia.com">Knowledge process outsourcing (KPO)</a> service provider in China. <a href="http://www.bpovia.com/">BPOVIA</a> is the only <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> company ever been nominated for the prestigious “Red Herring 100 Asia” Awards 2008. Combines international perspective with local know-how, <a href="http://www.bpovia.com">BPOVIA</a> can provide our clients China business development service and help our clients doing successful business in China.</em></p>
<p><em>Please visit <a href="http://www.bpovia.com">http://www.BPOVIA.com/</a> for details about our service.</em> </p>
<p style="height: 10px;">&nbsp;</p>
<p>
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		<item>
		<title>Tight job market for graduates</title>
		<link>http://www.bpovia.com/blog/china-business/tight-job-market-for-graduates.html</link>
		<comments>http://www.bpovia.com/blog/china-business/tight-job-market-for-graduates.html#comments</comments>
		<pubDate>Fri, 03 Apr 2009 08:53:09 +0000</pubDate>
		<dc:creator>Yvonne Dong</dc:creator>
				<category><![CDATA[China Business]]></category>
		<category><![CDATA[China Business News]]></category>
		<category><![CDATA[China Consumer Market]]></category>
		<category><![CDATA[China Economy]]></category>
		<category><![CDATA[China Finance and Banking]]></category>
		<category><![CDATA[chance]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[graduates]]></category>
		<category><![CDATA[job]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[Shanghai]]></category>

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		<description><![CDATA[ In this tough time, more than 70% upcoming graduates are hunting jobs. In March 70% graduates had job offers, but the situation was really different now.
It is reported by Shanghai Foreign Service Co Ltd (SFSC) that since last fall more than 60% graduates have sent out more than 30 resumes. According to Wu Xiaohui, [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bpovia.com/blog/wp-content/uploads/2009/04/shanghaizhaopin.jpg"><img style="border-right: 0px; border-top: 0px; display: inline; margin: 5px 5px 0px 0px; border-left: 0px; border-bottom: 0px" height="158" alt="shanghai zhaopin" src="http://www.bpovia.com/blog/wp-content/uploads/2009/04/shanghaizhaopin-thumb.jpg" width="254" align="right" border="0" /></a> In this tough time, more than 70% upcoming graduates are hunting jobs. In March 70% graduates had job offers, but the situation was really different now.</p>
<p>It is reported by Shanghai Foreign Service Co Ltd (SFSC) that since last fall more than 60% graduates have sent out more than 30 resumes. According to Wu Xiaohui, senior campus recruitment consultant with SFSC, graduates are forced<span id="more-2161"></span> by the financial crisis to make full use of every chance to get a job, because lots of companies do not intend to recruit.</p>
<p>In Shanghai, lots of graduates have regretted to lose chances to hand out their resume since last year. Now there are not really many chances for students to find an ideal job. After the Chinese Spring Festival, March is the peak season for fresh graduates to sign job contacts with employers, according to the survey by SFSC. </p>
<p>And another survey shows that more than half of multinational companies didn’t intend to recruit new employees in this tough time, while companies have recruitment plan are going to hire fewer employees.</p>
<p>However, 157 multinational corporations will offer 1000 vocational training opportunities 1,000 vocational training opportunities, 1,000 internship positions and 1,000 job openings for graduates.</p>
<p style="height: 10px;">&nbsp;</p>
<p><em>Are you interested in the business opportunities in China?</em></p>
<p><em>China is one of the world’s great growth markets and is likely to be for many years to come. Foreign companies often face difficulties in assessing Chinese market demand and enacting effective strategies because of the language barriers, culture differences, and high expense.</em></p>
<p><em><a href="http://www.bpovia.com">BPOVIA</a> is the leading <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> and <a href="http://www.bpovia.com">Knowledge process outsourcing (KPO)</a> service provider in China. <a href="http://www.bpovia.com/">BPOVIA</a> is the only <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> company ever been nominated for the prestigious “Red Herring 100 Asia” Awards 2008. Combines international perspective with local know-how, <a href="http://www.bpovia.com">BPOVIA</a> can provide our clients China business development service and help our clients doing successful business in China.</em></p>
<p><em>Please visit <a href="http://www.bpovia.com">http://www.BPOVIA.com/</a> for details about our service.</em> </p>
<p style="height: 10px;">&nbsp;</p>
<p>
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		<title>Volunteers for Shanghai Expo</title>
		<link>http://www.bpovia.com/blog/china-business/volunteers-for-shanghai-expo.html</link>
		<comments>http://www.bpovia.com/blog/china-business/volunteers-for-shanghai-expo.html#comments</comments>
		<pubDate>Thu, 02 Apr 2009 09:32:46 +0000</pubDate>
		<dc:creator>Yvonne Dong</dc:creator>
				<category><![CDATA[China Business]]></category>
		<category><![CDATA[China Business News]]></category>
		<category><![CDATA[China Economy]]></category>
		<category><![CDATA[China Finance and Banking]]></category>
		<category><![CDATA[China Trade Import Export]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[expo]]></category>
		<category><![CDATA[graduates]]></category>
		<category><![CDATA[job]]></category>
		<category><![CDATA[Shanghai]]></category>
		<category><![CDATA[volunteer]]></category>

		<guid isPermaLink="false">http://www.bpovia.com/blog/china-business/volunteers-for-shanghai-expo.html</guid>
		<description><![CDATA[As a college graduate in Shanghai this year, Yu Min is still looking for a job. Though it is difficult&#160; to find a good job this year, Yu Min does not feel anxious, for she has planed well. 
The student from the shanghai University of science and Technology wanted to apply for the Shanghai World [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bpovia.com/blog/wp-content/uploads/2009/04/shanghaishibo.jpg"><img style="border-right: 0px; border-top: 0px; display: inline; margin: 0px; border-left: 0px; border-bottom: 0px" height="243" alt="shanghaishibo" src="http://www.bpovia.com/blog/wp-content/uploads/2009/04/shanghaishibo-thumb.jpg" width="254" align="right" border="0" /></a>As a college graduate in Shanghai this year, Yu Min is still looking for a job. Though it is difficult&#160; to find a good job this year, Yu Min does not feel anxious, for she has planed well. </p>
<p>The student from the shanghai University of science and Technology wanted to apply for the Shanghai World Expo volunteer program, which he believed would bring her “some experience to build necessary social skills” while getting involved in “such an exciting” event. </p>
<p>If she failed to find a satisfactory job this year, at least she could do something in this world-class event, which would benefit<span id="more-2155"></span> her in the future. </p>
<p>Yu is happy that the expo will give up its volunteer recruitment program in May this year. Now more than 1 million volunteers hope to be hired. </p>
<p>Chen Zhenmin, director of the shanghai World Expo Social Mobilization Office, said yesterday that while most volunteers would be hired from college students, this did not mean that other people would not be welcomed. </p>
<p>The Expo will last for 184 days, from May 1 to Oct 31. During these days, volunteers will serve 14 to 20 days on average. But authorities might extend the period because of passionate and enthusiastic response form the public. </p>
<p>Authorities said the expo would provide 2000 to 3000 jobs for college graduates this year. “A large number of people would be trained to communicate with foreigners, which will help the city in the future,” said Xu Weiguo, deputy Party chief of shanghai World Expo Coordination Bureau. </p>
<p style="height: 10px;">&nbsp;</p>
<p><em>Are you interested in the business opportunities in China?</em></p>
<p><em>China is one of the world’s great growth markets and is likely to be for many years to come. Foreign companies often face difficulties in assessing Chinese market demand and enacting effective strategies because of the language barriers, culture differences, and high expense.</em></p>
<p><em><a href="http://www.bpovia.com">BPOVIA</a> is the leading <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> and <a href="http://www.bpovia.com">Knowledge process outsourcing (KPO)</a> service provider in China. <a href="http://www.bpovia.com/">BPOVIA</a> is the only <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> company ever been nominated for the prestigious “Red Herring 100 Asia” Awards 2008. Combines international perspective with local know-how, <a href="http://www.bpovia.com">BPOVIA</a> can provide our clients China business development service and help our clients doing successful business in China.</em></p>
<p><em>Please visit <a href="http://www.bpovia.com">http://www.BPOVIA.com/</a> for details about our service.</em> </p>
<p style="height: 10px;">&nbsp;</p>
<p>
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		<title>Job cutting in financial crisis</title>
		<link>http://www.bpovia.com/blog/china-business/job-cutting-in-financial-crisis.html</link>
		<comments>http://www.bpovia.com/blog/china-business/job-cutting-in-financial-crisis.html#comments</comments>
		<pubDate>Wed, 04 Mar 2009 01:41:58 +0000</pubDate>
		<dc:creator>Yvonne Dong</dc:creator>
				<category><![CDATA[China Business]]></category>
		<category><![CDATA[China Business News]]></category>
		<category><![CDATA[China Economy]]></category>
		<category><![CDATA[China Finance and Banking]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[company]]></category>
		<category><![CDATA[crisis]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[employees]]></category>
		<category><![CDATA[employers]]></category>
		<category><![CDATA[job]]></category>
		<category><![CDATA[layoffs]]></category>
		<category><![CDATA[Shanghai]]></category>

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		<description><![CDATA[ More and more workers in Shanghai have been laid off because of the financial crisis.
As the financial crisis gets closer to the workers&#8217; daily life in Shanghai, the white collar and some gold-collar workers are like toast of the town, feel the pressure from all sectors.
A Shanghai white-collar worker of an American company told [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bpovia.com/blog/wp-content/uploads/2009/03/caiyuancaiyuan.jpg"><img style="border-right: 0px; border-top: 0px; display: inline; margin: 3px 5px 0px 0px; border-left: 0px; border-bottom: 0px" height="224" alt="caiyuancaiyuan" src="http://www.bpovia.com/blog/wp-content/uploads/2009/03/caiyuancaiyuan-thumb.jpg" width="304" align="left" border="0" /></a> More and more workers in Shanghai have been laid off because of the financial crisis.</p>
<p>As the financial crisis gets closer to the workers&#8217; daily life in Shanghai, the white collar and some gold-collar workers are like toast of the town, feel the pressure from all sectors.</p>
<p>A Shanghai white-collar worker of an American company told us his company has relieved 10 percent of the staff, and there would be more layoffs after the Chinese lunar New Year holidays.<span id="more-2121"></span> The unnamed employee also said that during every day’s work recently, his colleagues are talking about who will be the next one to leave the company.</p>
<p>The latest entrants to the jobless club Miss Xu who used to work in a foreign-funded real estate company as a human resource manager in Shanghai complained to us: &quot; Our company has laid off staff since the middle of December and around 55 percent of the original staff lost their jobs in this financial crisis and I also get laid off with two months&#8217; salary as termination pay.</p>
<p>According to the statistical data of Shanghai government shows that the country&#8217;s heavy reliance on export, labor-intensive industries creates a ripple-down effect and industries related to trading, finance and economics, It, communications, banking, consultancies, media firms etc are all facing cost cuts.</p>
<p>A white paper released in January by Shanghai Human Resources Consulting Association predicted that the first-half of 2009 would see negative growth in new positions at Shanghai&#8217;s foreign companies and privately-owned firms.</p>
<p>The white paper also shows that the 7000 foreign companies survive in Shanghai showed that 48 enterprises had already started feeling the effects of the crisis.</p>
<p>A total amount of 2,218 employees were laid off or 0.79 percent of the entire staff. And even worse the situation will not get better until the second-half.</p>
<p>With the cutting off of employees the employments dispute cases had jumped to 30 percent of all cases. To protect the legal rights of employees, Shanghai government had asked those enterprises which cut more than 20 jobs or more than 10 percent of the entire staff to file a report with the local trade union or notify all staff 30 days before the final decision. This requirement is also in keeping with state council&#8217;s recent guidelines.</p>
<p>This policy can help the workers secure their own benefits and show the responsibilities to the enterprises which are particularly valuable in the financial crisis. But also Shanghai government also knows that if the small-sized enterprises do not cut jobs they will soon or later out of business, so the government also provide a better business environment, free credit controls, and reduce business costs.</p>
<p>Miss Xu is stilling looking for a new job after having been cut for two months. She has to lower her salary expectations and increase his job search field in order to get a new job quickly. Meanwhile, information from the HR company shows that even in the crisis the enterprises are still looking for talent workers as always.</p>
<table class="MsoNormalTable" id="table1" style="border-right: medium none; border-top: medium none; margin-left: 5.4pt; border-left: medium none; border-bottom: medium none; border-collapse: collapse" cellspacing="0" cellpadding="0" border="1">
<tbody>
<tr style="height: 37pt">
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; border-top: windowtext 1.5pt solid; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 414.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 37pt" width="553" colspan="4">
<p class="MsoNormal"><b><span lang="EN-US" style="font-size: 14pt; font-family: arial">Gloomy prospects</span></b></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 22.5pt" width="168">
<p class="MsoNormal"><b><span lang="EN-US" style="font-size: 12pt; font-family: arial">Company</span></b></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 72pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 22.5pt" width="96">
<p class="MsoNormal"><b><span lang="EN-US" style="font-size: 12pt; font-family: arial">Job cuts</span></b></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 22.5pt" width="192">
<p class="MsoNormal"><b><span lang="EN-US" style="font-size: 12pt; font-family: arial">Company</span></b></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 72.75pt; padding-top: 0cm; border-bottom: windowtext 1pt solid; height: 22.5pt" width="97">
<p class="MsoNormal"><b><span lang="EN-US" style="font-size: 12pt; font-family: arial">Job cuts</span></b></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Elcoteq</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 72pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">5,000</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Texas Instruments</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 72.75pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">3,400</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Metro AG</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">15,000</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Sprint Nextel Corp</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">8,000</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Philips Electronics</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">6,000</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Home Depot Inc</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">7,000</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Corus</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">3,500</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">General Motors Corp</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">2,000</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">ST Microelectronics</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">4,500</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Caterpillar Inc</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">23,610</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">SAP</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">3,300</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Pfi zer Inc</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">19,500</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Astra Zeneca Plc</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">6,000</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Molex Inc</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">2,500</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Atlas Copco</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">3,000</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Corning Inc</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">4,900</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">SAS</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">8,600</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Jabil Circuit Inc</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">3,000</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Salcomp</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">3,300</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Eastman Kodak Co</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">4,500</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Motorola</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">4,000</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Macy&#8217;s Inc</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">7,000</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Alcoa Inc</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">15,000</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Cisco Systems Inc</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">1,500-2000</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">EMC Corp</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">2,400</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Estee Lauder Cos Inc</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">2,000</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Dell</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">1,900-3000</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">General Motors Corp</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">10,000</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Boeing Co</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">4,500</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">TDK Corp</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">8,000</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Cessna Aircraft</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">2,000</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Lenovo Group</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">2,500</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">MeadWestvaco Corp</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">2,000</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">BHP Billiton Ltd/Plc</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">6,000</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Hertz Global Hldgs Inc</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">4,000</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Panasonic Corp</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">15,000</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Eaton Corp</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">5,200</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Nissan Motor Co</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">20,000</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-right-style: none; height: 22.5pt; border-bottom-style: none" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Intel Corp</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">6,000</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: medium none; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Pioneer Corp</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-left-style: none; height: 22.5pt; border-bottom-style: none" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">10,000</span></p>
</td>
</tr>
<tr style="height: 22.5pt">
<td style="padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; border-left: windowtext 1.5pt solid; width: 126pt; border-top-style: none; padding-top: 0cm; border-bottom: windowtext 1.5pt solid; border-right-style: none; height: 22.5pt" width="168">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Microsoft Corp</span></p>
</td>
<td style="border-right: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72pt; border-top-style: none; padding-top: 0cm; border-bottom: windowtext 1.5pt solid; border-left-style: none; height: 22.5pt" width="96">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">5,000</span></p>
</td>
<td style="border-right: medium none; padding-right: 5.4pt; border-top: medium none; padding-left: 5.4pt; padding-bottom: 0cm; border-left: medium none; width: 144pt; padding-top: 0cm; border-bottom: windowtext 1.5pt solid; height: 22.5pt" width="192">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">Anglo Platinum</span></p>
</td>
<td style="border-right: windowtext 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 0cm; width: 72.75pt; border-top-style: none; padding-top: 0cm; border-bottom: windowtext 1.5pt solid; border-left-style: none; height: 22.5pt" width="97">
<p class="MsoNormal"><span lang="EN-US" style="font-size: 11pt; font-family: arial">10,000</span></p>
</td>
</tr>
</tbody>
</table>
<p align="right">Total 282,210</p>
<p style="height: 10px;">&nbsp;</p>
<p><em>Are you interested in the business opportunities in China?</em></p>
<p><em>China is one of the world’s great growth markets and is likely to be for many years to come. Foreign companies often face difficulties in assessing Chinese market demand and enacting effective strategies because of the language barriers, culture differences, and high expense.</em></p>
<p><em><a href="http://www.bpovia.com">BPOVIA</a> is the leading <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> and <a href="http://www.bpovia.com">Knowledge process outsourcing (KPO)</a> service provider in China. <a href="http://www.bpovia.com/">BPOVIA</a> is the only <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> company ever been nominated for the prestigious “Red Herring 100 Asia” Awards 2008. Combines international perspective with local know-how, <a href="http://www.bpovia.com">BPOVIA</a> can provide our clients China business development service and help our clients doing successful business in China.</em></p>
<p><em>Please visit <a href="http://www.bpovia.com">http://www.BPOVIA.com/</a> for details about our service.</em> </p>
<p style="height: 10px;">&nbsp;</p>
<p>
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		<title>A New Record in Web Shopping</title>
		<link>http://www.bpovia.com/blog/china-business/a-new-record-in-web-shopping.html</link>
		<comments>http://www.bpovia.com/blog/china-business/a-new-record-in-web-shopping.html#comments</comments>
		<pubDate>Fri, 20 Feb 2009 08:31:29 +0000</pubDate>
		<dc:creator>Yvonne Dong</dc:creator>
				<category><![CDATA[China Business]]></category>
		<category><![CDATA[China Business News]]></category>
		<category><![CDATA[China Consumer Market]]></category>
		<category><![CDATA[China Economy]]></category>
		<category><![CDATA[China Finance and Banking]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[nation]]></category>
		<category><![CDATA[report]]></category>
		<category><![CDATA[Shanghai]]></category>
		<category><![CDATA[shopping]]></category>
		<category><![CDATA[web]]></category>

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		<description><![CDATA[ Shanghai, as is shown in a report by the iResearch Consulting Company, ranked the first among all the cities in China in the aspect of online shopping. It has spent an amount of 16.5 billion yuan, or $2.4 billion, online in 2008, with 2,200 yuan each person. The report was conducted recently through interviews [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.bpovia.com/blog/wp-content/uploads/2009/02/wanggou.jpg"><img style="border-right: 0px; border-top: 0px; display: inline; margin: 5px 5px 0px 0px; border-left: 0px; border-bottom: 0px" height="240" alt="wanggou" src="http://www.bpovia.com/blog/wp-content/uploads/2009/02/wanggou-thumb.jpg" width="304" align="left" border="0" /></a> Shanghai, as is shown in a report by the iResearch Consulting Company, ranked the first among all the cities in China in the aspect of online shopping. It has spent an amount of 16.5 billion yuan, or $2.4 billion, online in 2008, with 2,200 yuan each person. The report was conducted recently through interviews with 100,000 Internet users all over the nation, and 84 major websites were taken advantage of as terraces. </p>
<p>The total amount of web shopping in 2008, 120 billion yuan, has risen to a new height and it was 128.5 percent higher than that in 2007.<span id="more-2088"></span></p>
<p>Liu Zheng, senior consultant from Beijing-based SDR Consulting Company, showed his opinion that E-business had played an essential role in web shopping with strong impact even in such big cities as Shanghai, Beijing and Shenzhen, which were the representatives of the offline shopping world. </p>
<p>“Comparatively prosperous cities such as Shandong and Jiangsu are obvious to have turned to be the major areas of online shopping with users of Taobao.com in these areas taking up more than 70 percent of all in China,” he added. </p>
<p>It’s said that 55 percent of the online shoppers are male whose favorite goods to consume are electronic products. </p>
<p>For Xiaogao, a 27-year-old Shanghai dweller, shopping online was her first choice, even though there were several large shopping markets nearby. She believed that web shopping, as a new lifestyle, was coming into being, and she would at least shopped on the Internet once a week. She also gave another main reason for her choice – the favorable prices. “Web shopping serves as a kind of means that makes life easier by cutting the traffic fees,” she said, “I am forming a habit of shopping online and try to make larger expense.” </p>
<p>“There are an increasing number of people shopping online around the country who choose the Internet for the sake of the wide range of goods with great value and simple process to gain. And such online activity will not be stifled by the current economic downturn.” Liu Zheng added. </p>
<p>For the time being, Taobao.com maintains the top in web shopping for its overwhelming market shares which is 82.2 percent of all. And PAIPAI.com is ranked the second with 9.9 percent market shares, while eachnet.com the third with 7.9 percent. </p>
<p>However, the report said that there existed insufficiency in web shopping. The very ones that shoppers complained about most are the disparity between the picture and the object received, and also the back order.</p>
<p style="height: 10px;">&nbsp;</p>
<p><em>Are you interested in the business opportunities in China?</em></p>
<p><em>China is one of the world’s great growth markets and is likely to be for many years to come. Foreign companies often face difficulties in assessing Chinese market demand and enacting effective strategies because of the language barriers, culture differences, and high expense.</em></p>
<p><em><a href="http://www.bpovia.com">BPOVIA</a> is the leading <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> and <a href="http://www.bpovia.com">Knowledge process outsourcing (KPO)</a> service provider in China. <a href="http://www.bpovia.com/">BPOVIA</a> is the only <a href="http://www.bpovia.com/virtual-assistant.html">virtual assistant</a> company ever been nominated for the prestigious “Red Herring 100 Asia” Awards 2008. Combines international perspective with local know-how, <a href="http://www.bpovia.com">BPOVIA</a> can provide our clients China business development service and help our clients doing successful business in China.</em></p>
<p><em>Please visit <a href="http://www.bpovia.com">http://www.BPOVIA.com/</a> for details about our service.</em> </p>
<p style="height: 10px;">&nbsp;</p>
<p>
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