Nation's IT services sector nearing 'golden era'

Despite tremendous growth potential in China's IT services, the industry has yet to fully take advantage of the global resources, a recent report has found.

Guangzhou cartoon industry set to soar

Guangzhou's cartoon industry is projected to grow 45 percent annually to reach an output value of more than 18 billion yuan by 2010.

Caterpillar speeds up its crawl into China

Caterpillar, the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines, began accelerating its expansion in China in the early 1990s with the establishment of a significant local production strategy.

Biz Scene

MARKET

Book review: Executives shed light on winning in China

In Working and Winning in China: World Fortune 500 CEOs Talk About China, top executives talk about their goals, challenges and plans to grow with China.

Business Indepth

Managing processes gives firms a leg up

Every business is essentially a collection of processes - some strategic, some tactical, but all necessary. And today's middle and back office processes are increasingly complex, full of deeper interactions across systems and dependent on more collaborative activities between users. But what exactly is a business process?

Jobless rate falls to lowest since '98

Hong Kong's unemployment rate dropped to a nine-and-a-half-year low of 3.6 percent in the September-November period, thanks to strong economic growth and robust domestic consumption.

Biz Scene

MARKET

Special Supplement: Jilin's rime dazzles and inspires

In Jilin City, the Songhua River produces a unique natural attraction that has become legendary in some ways.

Automaker tie-ups a complex network in China

Partnership with local interests is the only way foreign carmakers can enter the auto-manufacturing industry in China. On paper, the partnership requirement is deemed necessary to protect the local car industry. In application, the Chinese government is effectively prohibiting full equity control.

Index futures a step closer

The Shanghai-based China Financial Futures Exchange (CFFEX), where the mainland's first index futures product is to be traded, has approved 52 member companies, a major step toward launching the CSI300.