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China's National Payments Clearing System will Fuel Intra-Regional Trade by Domestic and Foreign Companies

added: 31-08-2007

While The People's Republic of China is the second largest economy in the world, it has long suffered from a lack of efficient payment and settlement systems. New research from TowerGroup finds that following a recent series of modernizations in its national payments infrastructure - including the completion of modern clearing and settlement systems in 2007 - China now finally possesses national payment capabilities worthy of an economic powerhouse.

China's Consumer Electronics Market in First Half of 2007

added: 30-08-2007

In the first half of 2007, flat panel TVs were still mainstream among consumer electronics in China. Dramatic price cuts greatly stimulated LCD TV terminal sales, while plasma TV sales also rebounded strongly. Increased input from concerned manufacturers pushed forward the steady growth of the plasma TV market.

Consumer Confidence Shows Broad-Based Drop in August

added: 30-08-2007

The Xinhua Finance eziData China Consumer Confidence Index fell 1.3 points to 100.7 in August, the lowest level since the survey's baseline reading of 100 in April this year. Current conditions eased 0.5 point to 99.7 in August, the third consecutive monthly decline.

Growing Telecom Market in China

added: 28-08-2007

Since the first half of 2007, China's communications industry has maintained stable and sound development. In the past few years, China's Ministry of Information Industry established policies in the spirit of accomplishing the goal of becoming a great power in telecom industry. The whole market has maintained rapid growth in the first half of 2007.

Growth In Asian IT Data in 2007

added: 28-08-2007

GfK Asia releases its 2007 Mid- Year Pan Asian IT Retail Data Summary, which highlights the trends in the region's IT sector. The report contains detailed data from nine Asian countries showing mid-year figures for 2007 against the same period in 2006. GfK Asia's report shows continued growth in the region from January to June 2007 when compared to the same period last year.

OECD: Further Reforms Would Boost Innovation in China

added: 27-08-2007

China needs a better return on its fast-rising investments in research and development (R&D) and higher education if it is to meet its goal of becoming an “innovation-oriented” economy by 2020, according to a new OECD report.

China's E-Commerce Enters Industrialization Era in 2007

added: 27-08-2007

China's e-commerce market has kept stable development. The e-commerce transaction volume continues to grow rapidly. In 2007 1H, the e-commerce market in China still retained its robust growth momentum with the transaction volume exceeding 1.32 trillion Yuan.

China IPO Indicator Up By 13%

added: 23-08-2007

The IPO indicator reached a new high of 287.8 at the end of July, a 13.2 percent increase from June. Six stocks were added to the indicator, and five were removed, bringing the total to 113.

Mobile Phone Sales Set In China To Top 150 Million Sets in 2007

added: 16-08-2007

Mobile phone sales in China will reach 151.399 million sets in 2007, up 26.9% year-on-year, marking a continuous drop in growth rate. The market of the next half of year will show the following trends.

Venture Investment in Mainland China Growth in Q2

added: 15-08-2007

Venture capital firms invested more money than ever before in "information services" companies in Mainland China, as overall venture investment produced 55 deals and reached $560 million during the second quarter of 2007, a 49% increase over the $375 million invested in the first quarter of the year, according to the China Quarterly Venture Capital Report released today by Dow Jones VentureOne, publisher of the VentureSource database, and Ernst & Young.

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