China has 256.9 mobile subscribers at the end of October, according to the Ministry of Information Industry. 6.69 million people signed up in the month of October versus only 4.67 million new users for fixed-line telephones.
Read MoreEconomist reported that China, a country that has suffered from brain drain for a long time, now has more of its students coming back because of the country’s impressive economic growth and favorable government policy. Many returnees hold advance degrees, and the majority of them go into business. UTStarcom and Sohu are both success stories. […]
Read MoreForbes reported that Online gaming companies are beginning to successfully get customers to pay their services. “Revenue in China for what is currently a nascent business is likely to quadruple from this year to about $1 billion in 2006”. Online games are likely to be played by a large number of people at any given […]
Read More“The print advertising market in China is growing at 37% annually, with total revenues of $5.5 billion last year.” China is obligated by its WTO agreement to “let foreign companies own nationwide distribution networks for books, newspapers, and magazines by December, 2004.” The industry is going to get even more competitive after the announcement that […]
Read MoreGuangdong is China’s richest province, and also one that attracts the most foreign direct investment. In order to compete internationally, a conference was held in Guangdong to discuss th future of the province. 21 business leaders attended the conference, and they suggested that Guangdong should “boost education in technology and the sciences, improve its infrastructure […]
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