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Pharma majors hit rural trail

During his recent trip to the rural areas in northern China's Hebei province, Feng Ming took particular care to check whether besides luggage, he had with him a smartphone-like device. "My trip is only for this," said Feng, referring to the small white cell-phone-sized device.

Medtronic finds its own niche in China

When Medtronic Inc, the world's largest independent medical device company by sales, entered China in the 1990s, there were just a couple of foreign medical device companies here. But since then the relatively young medical devices industry has developed rapidly in China, with more foreign medical equipment companies getting market access and domestic companies flourishing, said Simon Li, president of Medtronic China.

Changing face of drug alliances

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Insurers adapt to new system

Li Ping, a 24-year-old insurance graduate, eventually joined a domestic life insurance company, turning down appealing offers from two joint ventures.

AIA stays ahead with 'back to basics' plan

For Cai Qiang, chief executive officer of American International Assurance Co Ltd (China) - the first foreign insurer to venture into the country - it is time to go "back to basics" with a focus on sustainability.

Competition good for overall market

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Foreign JVs eye slice of pie

Although China has been a member of the World Trade Organization (WTO) for 10 years, the expansion of foreign investment banks in the country remains slow and joint-venture securities firms are still struggling to gain clients and a larger share of the underwriting business in the Chinese market.

Drawing a new road map for financial prosperity

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Citi to make hay while the sun shines

Foreign banks still have plenty of room for development in the Chinese market and it is unrealistic to expect them to achieve a large market share in only 10 years, said a senior executive at the China division of Citigroup Inc.

Lenders take big step overseas

Closer ties between Chinese banks and the international market that followed China's admission to the World Trade Organization (WTO) have increased the chances of the country's banks becoming major global players, analysts said.

Alliances have long way to go in China

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