Dragonair Welcomes Hong Kong-Australia Air Services Agreement Targets Second Half of 2005 for Launch of Services to Sydney

Dragonair Chief Executive Officer Stanley Hui welcomed the agreement on air services concluded that provides for more flights between Hong Kong and Australia. He said that the airline was aiming to launch services to Sydney in the second half of next year.     

Dragonair Welcomes Hong Kong - Australia Air Services Agreement：Targets Second Half of 2005 for Launch of Services to Sydney

Dragonair has been voted Best Airline—China for the third consecutive year in the Skytrax passenger survey. Conducted by Skytrax Research of the UK, the world's "largest" passenger survey was undertaken over the 10 months from June 2003 to March 2004, with the number of eligible nominations? for Airline of the Year totalling 10.8 million. "To be voted Best Airline—China for a third consecutive year in the Skytrax survey is a huge compliment by the travelling public to all the staff at Dragonair," said Chief Executive Officer Stanley Hui. "The results reaffirm that Dragonair     

Dragonair Welcomes Conclusion of Air Services Talks

Dragonair has welcomed yesterday's announcement of the successful conclusion of the air services talks between the Hong Kong SAR Government and the General Administration of Civil Aviation of China.     

Paving the Way for Sino-Foreign Economic and Trade Ties——Notes on Second Session of CCPIT Second Council

The China Council for the Promotion of International Trade (CCPIT) held the Second Session of the Second Council of its National Congress in the latter half of July. Attending the session were officials in charge of foreign economic relations and trade from related Chinese ministries, provinces, municipalities and autonomous regions, chairmen of 46 local and 14 industrial sub-councils throughout the     

Dragonair to More than Double Size of Cargo fleet by End-2008 Purchase of Five Special Freighters to Open up New Destinations, Strengthen Hong Kong's Cargo Hub Position

Dragonair is a Hong Kong based airline, operating a fleet of ten A330-300s, six A321s and eight A320s, in addition to three Boeing 747-300 freighters. The airline's passenger network covers 30 destinations across the Asia-Pacific region, while its cargo network connects the markets of Europe, the Middle East, Japan, Taiwan and China Mainland.     

Bosnia ＆ Herzegovina Welcomes Chinese Enterprises—— An Exclusive Interview with Ambassador of Bosnia and Herzegovina to China

Since 1995 when China and Bosnia ＆ Herzegovina established diplo- matic relations and in May 2000, the two countries signed economic and trade cooperation agreement, China and Bosnia ＆. Herzegovina have ＇been keeping close economic and trade c ooperation relationship. On April 6, the Sarajevo Business Forum 2010 and the First International Investment Conference will open. Amel Kovacevic, Ambassador of Bosnia and Herzegovina to China warmly especially invited Chinese enterprises to attend this summit, embodying the importance Bosnia and Herzegovina attached to the economic and trade cooperation with China. Prior to the Forum,     

China＇s Economy： Where to Go in the Second Half of 2010？——Macro-Control V.S. Economic Slowdown

2010,defined as the most complicated year in the economic circle,has already witnessed quite complex and changeable uncertainties of the macro economy when just passing the middle of the year.Before April,the academic circle was still very confident about the recovery of the macro economy and many data also evidenced that the China＇s economy was the engine for pulling the world economy out of the bottom.     

A New Application of RFM Clustering for Guild Segmentation to Mine the Pattern of Using Banks’ e-Payment Services

ABSTRACT

With increasing use of point of sale terminals at stores, banks are seeking to achieve a bigger portion in such financial exchanges. An important problem for banks is to identify the most profitable professions. For this purpose, a new application using recency, frequency, and monetary (RFM)-based clustering and customer lifetime value analysis containing two extensions of RFM is proposed for guild segmentation. The methodology is applied on a real data from an Iranian state bank. The findings reveal that this methodology is applicable in practice and could be very effective for bank managers of any other banks.     

When Do Relationships Pay Off for Small Retailers? Exploring Targets and Contexts to Understand the Value of Relationship Marketing

Relationship marketing has taken on a significant role in both retail practice and academic study. However, from the introduction of the concept of relationship marketing into the literature scholars have noted that relationship building may not be beneficial to all firms under all conditions. In this study, we investigate this issue attempting to gain a greater understanding of the value of relationship marketing activities across targets (i.e., customers and suppliers) and within contexts (i.e., competitive intensity and three elements of market dynamism) on a retailer's ability to develop the capability of market responsiveness. Our findings, based upon a sample of 172 small retailers, demonstrate that differences do in fact exist in the value delivery to retailers from relationships with different targets and across different contexts in which the retailer operates. As such, the results of this study extend the extant relationship marketing literature, refining our understanding of the value of relationship marketing. Implications for academics and practitioners are discussed.     

2005:The Process of China-ASEANFree Trade Area to Be StartedZero tariff for about 7000 kinds of products

"In 2005 China-ASEAN will totally start the process of tariff reduction,the great curtain of a big unified market for 1,800 million people will bepulled up," said Xu Ningning, Chinese Director of China-ASEAN CommercialCouncil at the Third Forum of Overseas Chinese Worldwide held in Beijingrecently. Starting from now, it will take 6 years to complete theconstruction of China-ASEAN Free Trade Area (CAFTA) in 2010, but this isalso a process during which both sides will constantly reduce tariffs andcancel the non-tariff trade barriers; this is a process during which bothsides will constantly merge economy with each other.     

Welcome to the Club — On the Accuracy of Growth Forecasts for China

Forecasts for the Chinese economy are often seen as unreliable. This impedes a proper assessment of the country’s course, and given that China is the world’s second-largest economy, it also has implications for international projections. This article examines the accuracy of real GDP forecasts by three international forecasters and two German forecasters over the period 1991-2015. While forecasters had considerable diffi culties in tracking the large upswings in China in the 1990s and early 2000s, they were quite accurate for the period 2004-2015, particularly when comparing the IMF’s forecasts for China with its forecasts for the United States or Germany. The forecast accuracy found in the Chinese Five-Year Plans is also surprisingly high.     

2005： The Process of China-ASEAN Free Trade Area to Be Started Zero tariff for about 7000 kinds of products

Starting from now, it will take 6 years to complete the construction of China-ASEAN Free Trade Area (CAFTA) in 2010, but this is also a process during which both sides will constantly reduce tariffs and cancel the non-tariff trade barriers.     

Exploring the Path for FINANCIAL INNOVATION——Top Forum of Financial Innovation, Market and Instrument to Be Held Soon

On July 6, a top forum themed with financial innovation and regulation is to be held in Renmin University of China （RUC）. This forum is sponsored by Hanqing Advanced Institute of Eco- nomics and Finance （Hanqing Institute） under RUC and the Shanghai Advanced Institute of Finance at Shanghai Jiao Tong University. It is a top talk in the financial world.     

The Timing of Daily Demand for Goods and Services—Microsimulation Policy Results of an Aging Society,Increasing Labour Market Flexibility,and Extended Public Childcare in Germany

Knowledge about the timing of consumption opens new insights into consumption behaviour for consumer, economic, social, as well as for communal and societal policies. It not only allows sound information for a better match of timely supply and demand but also about everyday living arrangements. This study contributes to the timing aspect of daily consumption by posing the question: How is the timing of daily demand for goods and services affected by major changes in German society? We concentrate on important and currently discussed developments and policies: the huge shift in Germany’s demographic structure with an aging society (with a population forecast for 2020 by the German Federal Statistical Office), the deregulation and the further expansion in flexibility of the labour market, and the current policy of extending public childcare support. For each aspect and policy, we first describe the actual timing of daily demand for goods and services. With the microsimulation approach and different scenarios, we then quantify the respective societal and policy impacts based on more than 37?000 time-use diaries of the current German Time Budget Survey of 2001/2002.     

Worst Seems to Have Passed for Online Game OperatorsDispute Resolution——New Development in Governmental Regulation over Online Game Industry of China

On August 17, 2010, NetEase. corn Inc. （＂NetEase＂）, a NASDAQ listed company,made an announcement that the Wrath oF the Lich King （＂WLK＂）, an expansion pact of World of Warcraft （＂WOW＂）, was available for download by players in mainland China.     

Cooperation of Neighboring Countries:A Common Awareness for China and Mongolia——An interview with H.E. Amarsanaa,Ambassador of Mongolia to China

After Mongolian President Bagabandy's visit to China in July this year, China and Mongolia strengthened neighborly and friendly bilateral relations and opened a new chapter for cooperation in many fields. More than two months passed since then, how are the cooperative agreements that both side signed going on? What will the two countries do in future? Below is the interview with H.E. L. Amarsanaa, Ambassador of Mongolia to China, in which he stated the President's visit and introduced economic and trade cooperation between two countries recently.     

Cooperation of Neighboring Countries：A Common Awareness for China and Mongolia——An interview with H.E.Amarsanaa,Ambassador of Mongolia to China

After Mongolian President Bagabandy‘s visit to China in July this year, China and Mongolia strengthened neighborly and friendly bilateral relations and opened a new chapter for cooperation in many fields. More than two months passed since then, how are the cooperative agreements that both side signed going on? What will the two countries do in future? Below is the interview with H.E. L. Amarsanaa, Ambassador of Mongolia to China, in which he stated the President‘s visit and introduced economic and trade cooperation between two countries recently.     

A First Tour of Wulong Pool——Nanjing city, the ancient capital of six dynasties, had kept lots of interesting places and historical relics for us to explore.

Last October, the Nanjing-based aiwan, Hongkong, Macao and verseas Chinese Literature Society went to Wulong Pool. Zhang Chao, vice-chairman of the society, invited me to go to see the place with him. We went eastward out of Longpanli along bustling and seething Guangzhou Avenue. by the side of the high Suolong Bridge, we found a garden gate with flower-     

Effect of Normative and Affective Aspects on Willingness to Pay for Domestic Food Products—A Multiple Price List Experiment

There is limited knowledge about which factors underlie consumers’ preferences for domestic food products. We used a non-hypothetical multiple-price list experiment to investigate the effect of affective (product-related emotions) and normative (consumer ethnocentrism and subjective norms) factors on consumer willingness to pay for domestic food products. A total of 166 Croatian consumers were given a choice between domestic and foreign food products with different price premiums for domestic food. The results indicate that consumers are willing to pay a premium for both low- and high-involvement domestic food products. Consumer willingness to pay for domestic products is influenced by ethnocentrism, product-related emotions, and sociodemographic variables, but not by social norms.     

Forecast of China's Economic Growth to Reach 7.5% in 2009——China's Economic Growth Under Pressure but Will Serve as Motor for Global Recovery

On March 26,2009 Economic and Social Survey of Asia and Pacific 2009 titled with "Addressing Triple Threats to Development" was released in Beijing.It analyzes the three global crises which have converged to threaten development in the Asia-Pacific region:the financial crisis,fuel and food prices,and climate change.Dr.