Business goes on-line and to chainstores
THIS year Shanghai plans four or five commercial projects in which it expects to co-operate with foreign investors.
Office products' market growth spurs investment
THE US-based Avery Dennison Co, a world leader in the manufacture of pressure sensitive materials and office products, last week announced it was set to increase its investment in the China market by another $40 million.
Global participants sign up for ProPak 2000
PREMIER packaging and processing trade show - ProPak China 2000 - is due to be staged at INTEX Shanghai from May 24-27.
Services to duel for eastern US
DESPITE a 0.9 per cent decrease in the composite freight index for China's export containers, some services have reported brisk business.
Local job network extends to West China
CHINA Human Resources (HR) Market (Shanghai) is to establish its second representative office in Xi'an, capital of Northwest China's Shaanxi Province next month.
Dell launches series of workstations
DELL Computer Co, global computer software maker, on Thursday launched its latest family of Window NT-based Precision Workstations on the Chinese market, the company's eighth largest market.
Mobile phone fight for customers
INTENSE competition in the fledgling IT market in China has powered technical innovation and the gradual reduction of the prices, good news for consumers.
IBM breaks through the language barrier
SURFING the Internet has caught on in a big way in China, but the preponderance of sites in English prevents many from using the service to its full capacity.
Increased office space lures business to Pudong
PUDONG office market is booming for a number of good reasons which include a gradual concentration of high quality buildings in certain areas and governmental policies.
UK insurer eager to enter China
By Huo Yongzhe
BRITAIN-BASED Standard Life Insurance Co, the second largest insurance services provider in the UK market, is waiting to discover whether it will be given a licence to set up a joint venture in China. "We will offer our Chinese customers services geared to the needs of the individual and also after-sales service, if given a licence to begin business here" said Sandy Skinner, general manager in charge of the international business of the company, told Shanghai Star on Wednesday. Skinner, together with Robert Knight, the company's Asia-Pacific region general manager, was on a three-day trip to the Chinese mainland, where the two held talks with senior officials including those working for the Chinese Insurance Regulatory Commission (CIRC) and top leaders in the life insurance market. The visit is a required tour of duty for company executives wishing to obtain official permission to open a joint venture in China. "Foreign insurance companies could develop a strong industry in China," said Skinner, adding that the accession to the WTO for China will open up the market to more foreign insurers. The UK company opened two representative offices in Beijing in 1996 and Shanghai in 1997. Under current regulations set by CIRC, foreign life insurance firms are required to launch 50-50 joint ventures if they want to enter the local market
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