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E-commerce trade in China in 2009 exceeded $527 billion: China boasts 100 mil online shoppers, e-trade at $527 bil in 2009 Over 100 million Internet users, or more than a quarter of China s 384 million online population, shop online, a government white paper on the Internet released Tuesday said. E-commerce trade volume in 2009 ...

European retailers bet big on World Cup: It s Not Just a Game, It s a Promotion European retailers are betting on the soccer World Cup to help increase sales by promising cash for goals. Depending on which national team wins the World Cup, which starts Friday in South Africa, some retailers have offered to repay ...

Chinese production bases rates highest in Asia: Chinese production bases rates highest in Asia From: China Daily Rising production costs on the Chinese mainland are eating into thin profit margins for Hong Kong companies, but manufacturing bases there continue to be ranked as more competitive than other supply regions in Asia, ...

Weak euro helps European luxury through crisis: Weak euro helps European luxury through crisis From: Reuters A slide in the euro against major currencies should help European luxury houses attract foreign shoppers as their home markets are rocked by a debt crisis that is seen dampening consumers' appetite for spending. Italian ...

China bans milk, meat imports from Japan: China bans milk, meat imports from Japan From: Xinhua Travelers are being advised not to bring milk products or meat imports into China from Japan following a ban due to the latest foot-and-mouth outbreak, the Guangzhou Daily reported last Thursday. China stopped importing milk ...

Integration of Shenzhen Special Economic Zone Approved: Integration of Shenzhen Special Economic Zone Approved Shenzhen municipal party secretary and acting mayor Wang Rong recently revealed while delivering a speech at the first session of the fifth CPPCC of the municipality that the integration scheme for Shenzhen special economic ...

Issues to follow after China-U.S. Strategic and Economic Dialogue: Issues to follow after China-U.S. Strategic and Economic Dialogue From: Xinhua The recently concluded second round of China-U.S. Strategic and Economic Dialogue (S&ED) was widely considered a success. Meanwhile, the event s achievements and issues are being followed closely by ...

Rural home appliances sales hit new high in May: Rural home appliances sales hit new high in May From: China Daily Monthly sales of home appliances in China s countryside surged 220 percent year on year in May, boosted by the government s rural subsidy program for home appliance purchases, the Ministry of Commerce said Monday. ...

China plans to transform from labor-rich to talent-intensive: China plans to transform from labor-rich to talent-intensive From: Xinhua The Communist Party of China (CPC) Central Committee and the State Council, China's Cabinet, on Sunday jointly issued the country s Medium and Long-term Talent Development Plan (2010-2020), which sets a ...

New housing policy difficult to implement: New housing policy difficult to implement From: China Daily The latest government policy to tighten second-home purchases is expected to further cool the housing market, but experts said it might be difficult to implement due to the independence of the country's housing ...

Growth of industrial profits from January to April exceeded 90%: Growth of industrial profits from January to April exceeded 90% Data issued by the National Bureau of Statistics on May 28 indicated that from January to April, the industrial enterprises above designed size in 24 areas nationwide realized the profits of RMB978.5b, up 91.5% year...

HK s port cargo throughput up 20% in Q1: HK s port cargo throughput up 20% in Q1 From: Xinhua The Hong Kong Census and Statistics Department said Monday the first quarter of 2010 saw the total port cargo throughput grow to 62.8 million tonnes, up 20 percent over a year earlier. Inward port cargo rose 18 percent to 36 ...

China adopts more open policy to attract foreign talents: China adopts more open policy to attract foreign talents From: Xinhua China s central authorities have set down a more open policy to attract top-notch foreign talents to help promote the economic and social development and global competitiveness of the nation. According to the ...

China to implement reconstruction plan in NW quake zone: China to implement reconstruction plan in NW quake zone From: Xinhua Chinese Vice Premier Hui Liangyu said Sunday the government would soon implement the reconstruction plan for quake-hit Yushu in northwest China s Qinghai Province. Hui made the remarks at a meeting of the State ...

Mobile options make life confusing for retailers: Next generation of mobiles offering too much choice? Whilst it might be heaven for technology fans and for consumers, the rapid diversification in next generation smartphones is creating a headache for online retailers who are simply to trying to ensure that consumers can use ...

Tighter tourism regulations in HK could impact businesses: Tighter tourism regulations in HK could impact businesses The Hong Kong Tourism Commission and The HK Travel Industry Council have announced they will comprehensively supervise the region s inbound travel services. Philip WH YUNG, JP, Hong Kong s Commissioner for Tourism, told ...

U.K. retail sales boosted by World Cup: U.K. retail sales boosted by World Cup British retail sales rose six times faster than expected on the month in May as consumers flocked to electrical goods stores ahead of the World Cup soccer tournament, the Office for National Statistics said last Thursday. British retail ...

Indian retailers test waters on 24-hour shopping fests: Indian retailers test waters on 24-hour shopping fests Enthused by the response it got for the 48-hour shopping event in eZone, its consumer durables and electronic chain, the Kishore Biyani-led Future Group plans to hold such events across its other formats. The group earned ...

Exports unlikely to affect China s forex policy: Exports unlikely to affect China s forex policy From: China Daily Faster-than-expected export growth in May is unlikely to prompt the government to have a major rethink of its current policies on trade and the currency. Yao Jian, spokesman for the Ministry of Commerce, said the ...

Shanghai among world s most expensive cities to live in: Shanghai among world s most expensive cities to live in From: China Daily East China s metropolis of Shanghai has been listed as one of the 50 most expensive cities in the world to live in, according to the latest cost of living data from ECA International. Shanghai dropped 18 ...

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Bill Gates talks nuclear: Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

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IMF chief warns of risks to recovery: DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

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Retailer's Net Profit Falls 3%: A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

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Yao's gift of sport for all: Chinese NBA player Yao Ming teaches a boy with special needs how to ...

Lucrative golf industry lures stiff competition: Two models stand beside golf equipment and bags at a recent golf ...

Li Na wins French Open women's singles title: History-making tennis legend Li Na notched the first-ever grand slam ...

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