Business News
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India and China to be biggest investors by 2030
17 May 2013
India and China will be the biggest investors by 2030, accounting for 38 percent of the global gross investment and almost half of all the world manufacturing investment, says the World Bank.
"In the gradual convergence scenario, in 2030, China will save far more than any other developing country - $9 trillion in 2010 dollar terms - with India a distant second at $1.7 trillion, surpassing the levels of Japan and the United States in the 2020s," the World Bank says in a report.
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Visa prepares to release rules facilitating foreign players to enter domestic market
14 May 2013
New rules regarding international payments in China will be announced in the next months. Visa, worldwide leader is getting ready to brings its know how to the Chinese market.
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Survey: Top 10 attractive Chinese cities for foreigners
6 May 2013
China has become a popular destination for many foreigners due to its favorable policies and good career opportunities. A recent survey revealed the 10 most attractive Chinese cities for foreigners, with Shanghai topping the charts, followed by Beijing and Shenzhen.
The 10 cities among all Chinese cities at prefecture level and above (excluding Hong Kong, Taiwan and Macao) were selected based on their performance in terms of policy, administration, and working and living environment for foreigners.
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China claims top spot in global PC market
3 May 2013
China became the world's largest personal computer market for the first time on an annual basis last year amid weaker global demand, a research firm said, adding that the nation is likely to retain the position in the coming years.
The nation's PC shipments in 2012 hit 69 million units, surpassing the United States, which had annual shipments of 66 million, according to IHS iSuppli. China's PC market is projected to grow 3 to 4 percent this year, it added.
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China's economic growth offers opportunity
29 April 2013
China's sustainable and stable economic growth offers great opportunities to the world, Chinese Premier Li Keqiang said on Sunday.
During a briefing on China's present economic development, Li said the country's economic and social development had a good start at the beginning of the year while facing difficulties and risks.
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