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ZTE to Use WeChat Platform in Selling Mobile Phones

ZTE to Use WeChat Platform in Selling Mobile Phones

Telecommunication giant ZTE plans to sell its mobile phones using WeChat. The online distribution will be used first on its employees as a trial before expanding the sales to other WeChat users. The new service is added to the growing trend of internet based mobile manufacturers and sellers and the success of the planned platform [...]

Apr 4 2014, 8:46 am | Posted in Investment Relations | Read More »

World Bank to Increase Funds that will be Used for Development

World Bank to Increase Funds that will be Used for Development

The world bank is planning to increase their funds for development by 40 percent year on year in the next ten years as part of their first ever realignment since 1997. The institutions president Jim Yong Kim stated that the development lender will be focusing on ten countries that is said to be the home [...]

Apr 3 2014, 9:46 am | Posted in Finance | Read More »

China Announced a Series of Measures Based in a Targeted Stimulus Program

China Announced a Series of Measures Based in a Targeted Stimulus Program

China has recently announced a series of pre-growth measures in what economists are saying is a targeted stimulus program which came too after a series of disappointing economic indicators has raised concerns on the economic growth for the first quarter might go down below the official target growth. During a executive meeting of the State [...]

Apr 3 2014, 8:30 am | Posted in Investment Relations | Read More »

Drivers to Save Money as Toll Fees are Removed

Drivers to Save Money as Toll Fees are Removed

Drivers will now be able to save 9 yuan per trip when traveling between downtown Shenzhen to Guanlan in Longhua New Area after tolls were removed on the Meiguan Expressway. In a section that linked Guanlan with Meilin Checkpoint in Futian includes five tollgates which ended in collecting tolls thus saving drivers 9 yuan in [...]

Apr 2 2014, 9:35 am | Posted in Featured,Finance | Read More »

Qianhai to Implement Tax Incentive to Designated Industries

Qianhai to Implement Tax Incentive to Designated Industries

The Qianhai special economic zone in Shenzhen recently won the State Council’s approval to implement a 15 percent corporate income tax incentive that offers firm in designated industries. The tax incentive was being developed for the past 21 months and is said to be a significant attraction for businesses in Qianhai which is just adjacent [...]

Apr 2 2014, 7:35 am | Posted in Investment Relations | Read More »

Huawei Reports Growth in Revenue even when Avoided by US Market

Huawei Reports Growth in Revenue even when Avoided by US Market

Huawei Technologies reported that its net profit has increased by 34 percent as of last year due to a stronger demand of local telecommunication carriers in shifting to faster mobile networks. The Shenzhen based telecommunication equipment maker stated that its net profit went up to 21 billion yuan up from 15 billion yuan in 2012. [...]

Apr 1 2014, 9:17 am | Posted in Investment Relations | Read More »

Baoding to Develop Land to Absorb Beijing Institutes and Companies

Baoding to Develop Land to Absorb Beijing Institutes and Companies

Baoding is setting aside 115,000 hectares of development sites that will be absorbing branches of Beijing based institutes and companies in their hopes to ease the congestion in the already crowded capital. Hebei Province is also developing around 34 new districts to host people coming in from Beijing. Hebei provincial government and Party committee was [...]

Apr 1 2014, 8:48 am | Posted in Investment Relations | Read More »

Li Keqiang Assures Investors that China is Ready to Support the Cooling Down of Economy

Li Keqiang Assures Investors that China is Ready to Support the Cooling Down of Economy

Chinese Premier Li Keqiang is reassuring the uneasy global investors that the country is ready to support the cooling down of the economy and stated that the government has the necessary policies and will push ahead with investing in infrastructure. Amid the result of a weak data and mounting signs of risk financially has dimmed [...]

Mar 31 2014, 8:30 am | Posted in Investment Relations | Read More »

IT Industry Reaches Gross Output Target for 2013

IT Industry Reaches Gross Output Target for 2013

Based on an annual report given by the Shenzhen IT Industry the gross output of the IT sector in Shenzhen has reached 1.24 trillion yuan for the year 2013 an increase of 9.3 percent from 2012. The gross value accounts for around 88 percent of the total output of the city’s high tech products as [...]

Mar 31 2014, 7:33 am | Posted in Investment Relations | Read More »

The Impact of China’s New Labor Dispatch Rules on FIEs

The Impact of China's New Labor Dispatch Rules on FIEs

In this interview with China Briefing, Penny Li of Dezan Shira & Associates discusses China’s new labor dispatch law and its effect on labor costs, social insurance benefits and the “equal pay for equal work” principle. What are the key changes to China’s new labor dispatch rules and how might they affect FIEs in China? [...]

Mar 30 2014, 11:58 pm | Posted in Investment Relations | Read More »

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