Beijing:Next International Financial Hub?

Beijing's new financial dream On May 5,the Beijing Municipal Government released a notice regarding its plans to spur the financial industry, vowing to put forth a strong effort to become the national financial decision- making center,financial management center and financial information and ser- vices center,and formally announcing its ambitious aspiration to become a financial hub with international influence.     

Financial Street—Landmark of the Beijing Financial Center

Redefining Beijing For a long time Beijing has served as the political and cultural center for the country.While Shanghai and Shenzhen were encouraged to grow and reach their financial goals,Beijing cautiously dodged the label of a"financial center",in order to avoid the criticism of"redundant construc- tion".However,Beijing is the birthplace of China's financial policies.Due to its special geographic position and drive towards     

Shanghai Industries:Changing with the Times

In ancient times,thanks to natural geography which makes it an excellent port.Shanghai grew to become a major eco- nomic power in China.Today.as one of the four central directly administered municipalities,Shanghai has again become an important economic and trade center in China,as well as a financial and shipping center.Beginning with reforms in 1978,Shanghai has made great leaps in a variety of different fields;in particular,Shanghai's economy has increased by more     

Beijing Guo Xun International Consultants Co., Ltd.

China has become a "hot spot" of foreign investment based on sustained development of its economy and huge potential market since implementing the reform and opening policy. In order to offer quality professional consultant service to foreign businessmen, the Beijing Guo Xun International Consultants Co., Ltd. was established in October 1993 by the     

Bank of China Becomes Banking Partner of Beijing 2008 Olympic Games

Beijing Olympic Committee announced recently that Bank of China become a partner of 2008 Olympic Games. Bank of China will provide abundant fund, banking financial products and related services for Beijing 2008 Olympic Games, and Paralympic Games, Beijing Olympic Organizing Committee and China Olympic Committee and China Sports team to participate in 2006 Winter Olympic Games and 2008 Olympic Games.……     

Credit Suisse Enjoys Chinese Banking——An exclusive Interview with Dr. Urs Buchmann, Managing Director, Country Head China, Credit Suisse

Widening Opportunities for Foreign Market Participants As a result of a direct interaction with its partners and clients in China extending over 5 decades, Credit Suisse already enjoys a very strong position in the country＇s financial markets. The bank moreover feels generally positive about the significant additional opportunities that have become available to foreign banking institutions as a result of China＇s accession to WTO and the substantial reforms implemented in that context, stated Dr. Urs Buchmann, Managing Director, Country Head China, Credit Suisse.     

Bank of China Becomes Banking Partner of Beijing 2008 Olympic Games

Beijing Olympic Committee announced recently that Bank of China become a partner of 2008 Olympic Games. Bank of China will provide abundant fund, banking financial products and related services for Beijing 2008 Olympic Games, and Paralympic Games, Beijing Olympic Organizing Committee and China Olympic Committee and China Sports team to participate in 2006 Winter Olympic Games and 2008 Olympic Games.     

The CBD, Emerging Power

Central Business District(CBD),a concept that was first proposed by U.S.scholars in the 1920s,reters to a busincss center that functions as a commercial trading,financial information,cultural center,exhibition and office area all rolled jnto one;a place that is the center of business,the driving power of urban economic development and the soul of a city.     

ART ＆ GALLARY

Art Beijing 2010： Art Across Asia
This year＇s event comes at a crucial time for the contemporary art market. ＂rhe global financial crisis has waned, and the art market is emboldened with a new vitality. At this moment, we can begin to see whether the Chinese art market is on track and what its development trends for the near future will be. As one of Asia＇s most important art fairs, the Art Beijing Contemporary Art Fair is a special annual meeting place for galleries, artists, critics and collectors.     

The Olympics' Impacts on China's Foreign Trade

The Beijing Olympics will have a lasting effect on China, especially on its politics and diplomacy, but the Olympics will only have limited and indirect influence on its foreign trade in my view. The rapid increase of China's foreign trade has remained a strong trend and could not be easily changed or accelerated by other factors including the Olympics. Meanwhile, China doesn't expect the Olympics to be a propeller for its foreign trade. With the fast development of past years.China has become one of the most important global trading nations that can be easily told from the perspective of its share of international trade flows.     

Kunming： The City of Spring

Kunming is the political, economic and cultural center of Yunnan province and the most popular center for tourism in Southwest China. Kunming enjoys a pleasant climate and does its best to liveup to its title of ＂the City of Spring＂. Whenever you are planning to go, the temperature is always pleasant. With its convenient transport links in and out of the city, Kunming welcomes tens of thousands of tourists every day.     

Hengshui—A Pearl Embedded in Jizhong Plain

Situated in the Heilonggang Area of Southern Hebei Province, Hengshui City is the center of politics, economy and culture of Hengshui Prefecture, with a total area of 598 sq km and a population of 350,000. Since 1982, when Hengshui was approved to be built into a city, its economy has been growing rapidly. Now, annual GNP has topped RMB1.9059 billion, total industry and agriculture output value RMB 3.529 billion, and financial income RMB 176 million, putting it among the best in the province in composite economic index. Hengshui City stands in the Bohai     

广州市商业步行街新貌

Guangzhou Commercial Pedestrian Streets are the name card of Guangzhou daily life on commerce and tourism. The Commercial Pedestrian Streets in Beijing Road and Shang Xia Jiu Road are well-known home and abroad for its abundant commercial and cultural deposits as well as its unique style of Lingnan culture. According to historical records, from Sui and Tang Dynasties, Beijing Road has always been located in the axes of Guangzhou city. Always being the city center and commercial center, it has created its splendid historical culture as well as commercial civilization. Many historical sites are gathered here, including the sites of Ancient Road, Ancients Building, Nan Yue Imperial Garden, Western Han Water Gate, the Shipbuilding Workshop of Qin Dynasty and ancient temple Great Buddha Temple. The Ancient Road Site has been open to public, where the roadbeds built in Tang, Song, Ming and Qing Dynasties can be seen clearly.     

Reform of China's Financial System

Since 1979 China has adopted a series of measures to reform its financial system. These measures involved establishing the macro control system of the central bank. setting up policy banks, perfecting the financial organization system, developing commercial banks and the monetary market, and reforming the foreign currency management system. The reforms of the past 15 years have brought great changes to China's financial system. The old unified banking system was broken and diversified financing institutes emerged. Now a financial system comprising the central bank, specialized banks, commercial banks, insurance companics, trust and     

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.     

Devotion to a Regional Coal Trading Center in Asia Pacific——Interview with Pan Yigi,President of Great East Natural Resources Investment Pte.Ltd.

Beside the Lakeside Reservoir in Huli District of Xiamen,a special economic zone in Southeast China’s Fujian province,the construction of a coal futures trading center is underway.It is expected to make Xiamen a regional coal trading center and lift its international status in the world’s energy sector.The center,invested and organized     

The Past Decade Saw Changing Role of China in the WTO

China joined the WTO to become its 143rd member state on November 10, 2001 after eight years of negotiations. A seminar titled the Future of China and WTO was held in Beijing on the tenth anniversary o...     

Henderson Yansha, A Story of Shopping with Legendary Merchandize Female

Located on the southern side of the very flourishing ChangAn Avenue, Beijing Henderson Yansha Dept. Store Co., Ltd. is a very developed shopping center, very near to Beijing Railway Station and Wangfujing Business Street. "Enjoy shopping in Yansha!"this is a service commitment in the business concept of Yansha company which is well known in China. How to understand the meaning of "enjoy" ? Are there any special characteristics in Henderson Yansha that you cannot enjoy elsewhere? Mrs. Wan Wenying, General Manager of Beijing Henderson Yansha Dept Co., Ltd. gave her very detailed answer to China's Foreign Trade. "With the rapid social development and the strained life style, the relations between the shopping center and the consumers should no longer remain the pure relations between sellers and buyers, we should provide a comfortable space of leisure." Wan said.     

China Encourages Share-holding Reform in Defence Industry

China encourages share-holding reform for some of its weapons makers in a bid to expand financial and technical support,according to the recently issued government guidelines.     

Hot Money,National Risk?

After the phasal cease of the financial crisis, from the latter half of 2009 and on, the international hotmoney has been trying to make a comeback and has once again viewed China as its object.