Despite recent economic turmoil in the United States, the global economic outlook remains healthy thanks to booming Asian markets, a panel of experts said on the opening day of the World Economic Forum's "Summer Davos" in Dalian yesterday.
Industrial and Commercial Bank of China (ICBC), the country's biggest lender, yesterday said it will take advantage of the growing momentum in retail financial markets, and become the nation's largest retail bank.
Private equity (PE) is still in its infancy in China despite momentous growth, industry leaders said at the Inaugural Annual Meeting of the New Champions.
Shang Fulin, chairman of China Securities Regulatory Commission (CSRC), said yesterday preparatory work on the regulatory and technical framework for the financial futures market was largely completed and trading in the first product, CSI300 index futures, would be launched as soon as possible.
China's leading outsourcing company, Neusoft has introduced new training system in an effort to win the new round of global competition.
The city of Kunshan lies between Shanghai and Suzhou in the Yangtze River Delta.
If each of us were to define a leader, there would be many different answers. A leader can be one who leads others, or someone in charge of a political party or an organization. A leader can be someone of political influence, or someone who can influence or change another person's mind.
In the 7th and 8th centuries during the heyday of the Tang Dynasty, China was the envy of the world. The capital Chang'an (modern day Xi'an), was the most populous city on the planet and was so filled with riches that Emperor Taizong ordered his municipal authorities to build a private mansion for every visiting official.
In 2006 alone, China-focused venture capital and private equity funds raised close to $20 billion from investors around the world. This figure does not even include global private equity and hedge funds such as Blackstone, in which the Chinese government has taken a stake and which will undoubtedly invest in Chinese companies.
The worldwide trend toward globalization demands men and women with a visionary attitude capable of recognizing, in what might appear to be an obstacle, a growth opportunity for society and potentially even for themselves.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
