UK insurer eager to enter China
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.
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.
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.
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. The money will mainly be used to launch two new production bases in South China's Guangdong Province and enlarge the production capacity of its Kunshan plant in neighbouring Jiangsu Province. The move is expected to bring the company's total investment in China to $71 million since it first entered China in 1994. Dean A. Scarborough, president of the company's self-adhesive products section, said the company's express-rate expansion in China merited the increase in investment. He said the company's business in China had an average annual 35 per cent growth rate over the past five years. "China has turned out to be our largest market in Asia, and we believe the demand for our products will continue to grow in the new millennium as the Chinese economy continues to grow," said Scarborough. The company also has plans to launch a label-printing section in its Kunshan plant. (Star News)
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