industry

Online spending grew almost 11% in July MasterCard spending report shows e-commerce returning to double-digit growth. E-commerce sales grew 10.9% year over year in July, regaining double-digit growth after slipping into single digits in June, MasterCard Advisors reported today in ...
India aims to double trade with China in 4 years From: Xinhua The Indian government is striving to double bilateral trade with China, its largest trading partner, within four years, Subas Pani, secretary in the planning commission and chairman of the India Trade Promotion ...
China s SOE revenues up 38.8% in 1st seven months From: Xinhua Business revenues of China s state-owned enterprises (SOEs) rose 38.8 percent in the first seven months from the same period last year, the Ministry of Finance (MOF) said Wednesday. Business revenues stood at 16.87 ...
Tibet receives 3.3 mln tourists in Jan.-July period From: Xinhua Tibet received 3.3 million domestic and overseas tourists this year to July, 21.9 percent more than a year earlier, a local tourism official said Wednesday. Wang Songping, deputy director of the Tibet regional ...
U.S. Retailers Are Sold on Frugality American retailers are becoming as frugal as their shoppers, cutting expenses to maintain stable profits through what is increasingly looking like another challenging holiday season. Wal-Mart Stores Inc. reported a 3.6% gain in second-quarter ...
How Old-School Catalogs Help Drive Up Online Sales I recently received an email from Internet Retailer promoting a piece of research which suggests that online shoppers that received a catalog in the mail spent on average 163 percent more than those that didn t. One hundred sixty...
China-related mergers and acquisitions to rebound From: China Daily Most China-related merger and acquisition deals have rebounded strongly in the first half of the year, and set the scene for robust activities for the remainder of 2010 and into 2011, accounting firm Pricewaterho...
German H1 retail sales figures revised upward to increase of 0.9% German retail sales rose in the first half of 2010 from the same period a year earlier, the Federal Statistics Office said, revising an initial estimate that they declined. Sales, adjusted for inflation, increased ...
China s supreme court issues rules on foreign investment disputes From: Xinhua China's Supreme People's Court (SPC) on Monday issued a set of regulations providing a detailed ruling basis for cases involving foreign investment companies regarding share transfer, anonymous ...
Frugal Shoppers Appear Here to Stay Mindless excess is over. So says Faith Popcorn, chief executive officer of marketing firm BrainReserve, when asked whether women will go back to their ferocious shopping habits once the economy fully recovers. The entire consumer mentality has ...
10 Most Trustworthy Retailers Merchants whose financials provide comfort to investors and shoppers alike. Would you buy a life vest or an expensive watch from a retailer that cooks its books? Probably not if you could help it. The fact is, companies that play it fast-and-loose ...
What Chinese Shoppers Are Buying Online In a mid-summer issue of Shukan Economist, a Japanese business weekly, Japan-made products on the Chinese Taobao e-commerce rankings were listed like a snapshot, giving revealing insights of Chinese consumer desires, suspicions and behavior ...
China fixed asset investment up 24.9% in first seven months China s fixed asset investment in the first seven months rose 24.9% year on year to 11.98 trillion yuan (1.77 trillion U.S. dollars), the National Bureau of Statistics (NBS) announced. State-owned and state-controlled ...
China s fiscal revenue rises 25.7% in first 7 months China s fiscal revenue jumped 25.7% from a year earlier to 5.11 trillion yuan (about 750 billion U.S. dollars) in the first seven months. In July alone, the fiscal revenue reached 778.32 billion yuan (114.85 billion U.S. ...
China s July CPI rises to 21-month high, PPI growth falls China s consumer price index (CPI), one of the main gauges of inflation, rose in July to its highest level since October 2008, boosted by rising food prices after widespread floods, the National Bureau of Statistics (NBS) ...
China state-owned assets in central SOEs grow to 2 trillion yuan The state-owned assets in China s centrally-administered state-owned enterprises (SOE) reached 2.01 trillion yuan (297.40 billion U.S. dollars) by the end of June, up 10.71% from 2009, China's State-owned Assets ...
China s electricity consumption up in July From: Xinhua China s electric power consumption in July reached 389.6 billion kilowatt-hours (kWh), up 13.94 percent year on year, the National Energy Administration (NEA) announced last Saturday. The amount was 10.68 percent more than ...
China says to keep reining in housing market From: China Daily Chinese Vice Premier Li Keqiang said Friday that the government would continue to regulate the housing market and resolutely crack down on speculative property investment and other unreasonable market demands. He said ...
China still a focus for foreign direct investment From: XINHUA News NANNING, Aug. 13 (Xinhua) -- Some western commentators say China's foreign direct investment climate has worsened. But experts and entrepreneurs attending the on-going 5th Pan-Beibu Gulf (PBG) Economic Cooperatio...
Inflationary pressure could ease From: Xinhua China's inflationary pressure might ease for the rest of the year, as grain price hikes on the international market are unlikely to spill into the country because of ample grain reserves, economists have said. The country s consumer ...
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Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
Yao's gift of sport for all
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
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
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...