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.
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.
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.
Services to duel for eastern US
By Chen Qide
DESPITE a 0.9 per cent decrease in the composite freight index for China's export containers, some services have reported brisk business. "Services bound for the East Coast of the US have become a focus of concern," said Liu Xiaoliang, a spokesman with the Shanghai Shipping Exchange. China Shipping Group Company plans to open regular services bound from Asia for the US East Coast in March. Other shipping companies will open services bound for the same destination from Shanghai in April. "The US market is expected to be the focus of intense competition," the spokesman said. Services bound for Europe are good and at present, ships are overloaded. He said there has been an increase in Chinese cargo exported to Europe and the Mediterranean Sea. The Mediterranean Far East Conference has confirmed plans to raise prices on April 1 with each 20-foot container costing an additional $150 and each 40-foot container $300. Some shipping companies are to open new services bound from Shanghai to the Mediterranean Sea.
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