Shanghai Pudong Development Bank issued biggest corporate loan package to date
The newly-built SVA Oracle Center of Excellence for high-tech manufacturing in Shanghai demonstrates the 3-year cooperation between the 2 companies; SVA announces it has cut material costs 20% with their ERA system; the China software market in 2005 was worth more than 32 billion RMB; systems and applications software sales are growing at 25% annually
Lincoln Electric, the worlds leading welding and cutting equipment manufacturer, just commissioned its biggest plant in Shanghai, a $25 million (US) facility. Growth in China’s steel and shipbuilding industries has increased Lincoln’s sales by 25% last year.
Warner Bros. opened an entertainment merchandise store in Shanghai with clothes, toys and other items related to its movies, cartoon characters and other entertainment franchises, such as Batman. The company plans to open 200 more retail stores in China.
Pepsico, the world’s leading soft drink and snack foods company, has opened its 1stoverseas R&D center outside the U.S., in Shanghai. The center will develop products for 40 branches across China and Asia.
Our reporter surveys the problems and solutions of business computer network security. How much can a business afford to buy into and what is not enough to do the job of protection from hackers, viruses and other malicious intruders? Watch our interview with David Yeh, Managing Director of Trendmicro China to find out.
China’s online advertising market is one of the country’s fastest growing industries. Who is winning the biggest share and where will the online ad market go this year (2006)? Watch this cutting edge BizWatch report to find out. Online ad sales jumped upward by 80% in 2005 in China. Interviews include Henry Yang, CEO of Shanghai Research Company and David Zhu, CEO of Allyes (China) Holding Company.
China Central Bank has capped the amount that individuals can spend online—no more than 1,000 yuan in a single deal and no more than 5,000 yuan in a day. This is the government’s first step toward regulating e-commerce and is aimed at limiting the risk of online fraud. Other electronic methods of payment are also affected.
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