China Sees Rapid Growth in Online Search Services

An industry report released in Xiamen showed that the market of China‘s online search engine witnessed robust growth last year.     

Baidu Takes on Alibaba in China's Online Trading Sector

China's largest search engine company is to enter Chi- na's e-commerce market,in an effort to use its search technologies and popular online communities to win a share of the personal online trading market dominated by Alibaba's Taobao.com.     

RMB Exchange Rate Reform：Past and future

With the deepening of China＇s financial reform, economic development and the enforcement of market roles, the RMB exchange rate needs to become more flexible and become a more sensitive reflection of the changes in market supply and demand. Under such circumstances, on July 21, the People＇s Bank of China announced that the previous system where China＇s RMB was pegged to the U.S. Dollar would be changed to include a basket of foreign currencies, shifting China＇s exchange rate system into a managed floating exchange rate regime based on market supply and demand.     

China＇s Capital Market： Could it be the Best in the World？

＂The share-list of China＇s stock market this year is bound to reach 3000 points.＂ ＂Before or after the Beijing Olympic Games, another upward fluctuation of the stock market is sure to emerge in China.＂ ＂The latest statistics show that the total market value of the Shanghai and Shenzhen stock market have surpassed the mark of 10 trillion RMB, surpassing 50% of GDP.＂ ＂Having successfully completed the reform of China＇s stock market, China has achieved a full revolution.＂     

Green Drive Sees Diesel Gars as an Alternative

China, the world＇s No. 2 vehicle market and oil consumer, is scouting around for fuel-efficient cars. A number of automakers, from global names like Toyota and General Motors to indigenous companies like Chery and SAIC Motor, are conducting re, search on hybrid and fuel-cell cars.     

China Issues First 2006 Textile Quota Certifi cate to Exporter

OPEC countries, which produce 40% of the world＇s oil, are step ping up efforts to secure their market share in China as the group competes with Russia to supply the world＇s fastest-growing energy market.     

Zhejiang branded product fair unveiled in Macao

China＇s biggest online retailer Taobao.com plans to set up a joint venture with broadcaster Hunan Television, in a move to expand its portfolio beyond online shop, ping, the China Daily reported on December 30.     

China to beworld＇s bigges luxury goods market

China will rank as the world＇s biggest market for luxury goods in five years, a blue paper on China＇s commercial development from 2009 to 2010 released in Beijing on May 19 said.     

United Celebrates 3,888,888th Passenger Flying From China to the United States

Passenger milestone underscores United＇s achievement in China and contribution to the Sino-US aviation market.     

China to meet year-end goat of cutting energy intensity by 20%,NURC Says

A senior official of China＇s National Energy Administration （NEA） encouraged Chinese firms to invest in the renewable energy market of the United States to boost their competitiveness in the international market.