Monday May 20 2013

Content about Technology

April 9, 2013

President reassures global investors of a level playing field in China.

China will grow relatively quickly for a long time, and its market will be open and fair, President Xi Jinping said on Monday, soothing fears over the Chinese economy.

Meeting more than 30 foreign and domestic business leaders at the Boao Forum for Asia Annual Conference 2013, Xi said China's market potential is huge thanks to the country's rapid agricultural modernization, industrialization and urbanization.

"China's economy will go upwards instead of downwards for a long time," Xi said.

April 9, 2013

I was eating lunch when I learned that former British prime minister Margaret Thatcher had passed away.

I was eating lunch when I learned that former British prime minister Margaret Thatcher had passed away.

"Big news for you, Chunyan," my British colleague Steven Bywater told me. At that moment, the BBC had just reported that she died peacefully at the age of 87 after suffering a stroke.

"What a pity!" all my colleagues at the lunch table said with one voice. I rushed to my desk and posted the news on my Sina Weibo account.

April 9, 2013

Margaret Thatcher, the Iron Lady of British politics who died on Monday at 87, played a key role in China’s relationship with the United Kingdom, especially in the peaceful handover of Hong Kong, experts said.

Margaret Thatcher, the Iron Lady of British politics who died on Monday at 87, played a key role in China’s relationship with the United Kingdom, especially in the peaceful handover of Hong Kong, experts said.

Britain’s first and only female prime minister, Thatcher died peacefully at the age of 87 after suffering a stroke, her family announced. She governed Britain from 1979 to 1990.

April 5, 2013

With escalating labor and rental costs as well as manpower shortages on the mainland, ‘relocation’ has become the new buzzword for HK factory owners. Sophie He talks to them about their experiences.

Around 25 years ago, many Hong Kong factory owners, including Willy Lin Sun-mo, managing director of Milo’s Knitwear (International) Ltd, moved their manufacturing facilities from Hong Kong to Guangdong province on the mainland to take advantage of cheap labor and low rental costs.

At that time, a worker’s wage was as little as 8 yuan per day. Currently, wages at Lin’s Dongguan factory have risen beyond 60 yuan per day — almost more than seven times what they used to be.

April 5, 2013

Is the region innovative enough to meet challenges? Global leaders look to Boao for answers .

A day before the Boao Forum for Asia (BFA) annual conference kicks off on April 6 in the eponymous former fishing village in China’s Hainan province, now widely known due to the event, the Nobel Prize winning economist Edmund Phelps puts forward a “provocative” question.

At the curtain-raising panel discussion on April 5 that features questions by leading economists, the Nobel laureate asks: What do Asian business leaders believe to be the main obstacles to a boost of indigenous innovation in Asia? Do they lie in the government? Finance? Where?

April 3, 2013

More help for people from island to travel, work and start enterprises.

Even though only a few customers go to Xiao Huang-biao's food stand each day, the Taiwan native does not regret coming to the Chinese mainland to seek his fortune.

Xiao, 52, arrived on the mainland from his hometown of Kaohsiung five years ago. In 2012, he opened a snack stand selling southern Taiwan food in Pingtan county, Fujian province, where his wife comes from.

April 2, 2013

An aspiring journalist turns a new page in his career to become managing director of Tourism Australia.

Andrew McEvoy makes no apologies — he is passionate about Australia. “It’s a magnificent country. A country which has been taken for granted by many Australians,” the country’s tourism chief says.

“But all that is changing now. Australians have woken up to the fact that there is a lot to see and do right here … at home.”

At 48, some would say he has one of the best jobs in Australia.

March 1, 2013

Indian pioneer ventures from accountancy to then new IT sector, gaining a global foothold in the industry.

Information technology (IT) is all about innovation. Vish Iyer can’t agree more.

Mobility, social media and big data are all hot-button topics. Cloud computing frees up people from the desk, so an IT system can be managed even on the road. “For a bank, it could be payment via Internet banking or mobile phone,” says the high-flying corporate executive, dapper in a light purple shirt.

February 22, 2013

Israel’s leading diamantaire family has been adding polish to the trade for over four generations.

When other children of his age thought a stone was just a pebble to play with, Shmuel Schnitzer knew it was a priceless object with many facets — a diamond.

“I saw my first diamond when I was very young, maybe five or six years old,” says the 63-year-old who, besides being honorary life president of the World Federation of Diamond Bourses (WFDB), is co-founder of S Schnitzer Diamonds, one of Israel’s leading diamond companies.

“My father used to bring diamonds home. Already then, I adored them.”

February 1, 2013

Malaysian techpreneur has built a groundbreaking firm that now handles 60 million online transactions annually.

Ganesh Kumar Bangah turned 23 in true techpreneur style. He listed a company, entered the Malaysian Book of Records as the youngest chief executive officer of a public-listed company, and pocketed his first 1 million ringgit ($328,812).

That was in 2002. Just a few years earlier, he had merely been an ambitious engineering undergraduate. He had been managing cybercafés and peddling a proprietary cybercafé management system, having developed it with a business partner.

January 11, 2013

In this new occasional series, China Daily Asia Weekly seeks answers from leading economists on the pressing economic, financial and business issues of the day. As we begin the new year, Hu Yifan, chief economist and head of research, Haitong International, shares her insights on issues ranging from the impact of the US and eurozone debt crises to oil prices and the outlook for the Chinese and regional economies.

Will Europe’s debt problems continue to weigh on Asia’s growth prospects?

The European sovereign debt crisis will continue in 2013, albeit less intensely, and austerity policies have to be pursued.

As the EU27 represents broadly 30 percent of global trade, export-based economies in Asia will suffer.

Commodity prices will remain stable with global demand affected by the persisting effects of a negative shock in Europe. As a result, inflationary pressures should remain muted in Asia.

December 21, 2012

Event organizer Melvin Chua finds the right scene in China’s fast-growing fashion world.

When major fashion players such as designer Giorgio Armani or photographer Mario Testino arrange visits to China, the first name on their list usually is Melvin Chua, celebrity event organizer extraordinaire.

Philippines-born Chua has built up a business that specializes in helping major fashion brands put on shows and exhibitions, usually extravagant and expensive affairs such as the recent Louis Vuitton show in the port city of Shanghai, where models alighted from a full-size replica steam train shipped in from Paris.

November 30, 2012

scion of a prominent Singapore family, Laurence Lien gave up a highflying civil service career in order to help people.

Laurence Lien’s path was set by the time he was 19. He had just completed his pre-university studies and had won an Overseas Merit Scholarship from the Public Service Commission. Four years later, he bagged a Singapore Government Scholarship. The prestigious scholarships stand testament to Lien’s abilities. After completing a bachelor’s degree in Oxford University, Lien returned to Singapore and began his career in the civil service.

November 23, 2012

Adi Godrej expands his granduncle’s lock company into a business empire, becoming 6th richest man in india.

The reason why Adi Godrej’s current favorite in his stable of cars is an Audi is because his own business empire, the Godrej Group, doesn’t manufacture cars, yet.

The Indian billionaire — Forbes magazine estimates his net worth to be $9.24 billion, making him the 6th richest man in India — makes it a point to personally use all the consumer goods his 115-year-old conglomerate makes: From the locks that laid the foundation of the group’s fortunes in the 19th century, to fridges, washing machines and even the Godrej hair colors.

November 16, 2012

Malaysian pioneers mobile technology with siblings to galvanize businesses.

Remember those days when you had to make your way to the nearest travel agency and buy your air ticket one month ahead? On travel day, you had to wait in line for half an hour to check in.

Today, you can buy a ticket via your mobile phone three days before traveling, charge the flight to your phone bill and reserve a seat online. With a two-dimensional bar code sent to your mobile, you scan it for a boarding pass at a do-it-yourself check-in counter. You’re good to go in less than 15 minutes.

November 2, 2012

An Indian estate owner sets world standards by adopting organic methods and measures to empower workers

Swaraj Kumar Banerjee shares a passion with Alexander the Great. Like the Greek hero, Banerjee adores his horses. Journalists, authors, filmmakers and fair trade officials who flock to eastern India’s Darjeeling town to meet him, have talked about his dramatic appearances on his black gelding Storm.

April 9, 2013

An 18-year-old opera performer represents both the past and future of traditional Chinese opera, according to Liu Xiangrui.

An 18-year-old opera performer represents both the past and future of traditional Chinese opera, according to Liu Xiangrui.

Yan Dandan has lived like a gypsy from an early age and made her debut on the opera stage at 9.

As the youngest member of her Sichuan Opera troupe, from Qingquan in suburban Chengdu, 18-year-old Yan has traveled across Sichuan, following in the footsteps of her parents, who are both performers.

April 9, 2013

Chinese officials expressed confidence in curbing the H7N9 strain of bird flu, citing how the country has built capacity to deal with epidemics since the SARS outbreak.

Chinese officials expressed confidence in curbing the H7N9 strain of bird flu, citing how the country has built capacity to deal with epidemics since the SARS outbreak.

However, the possibility of the virus being transmitted between humans cannot be ruled out, a World Health Organization official said.

Michael O'Leary, the WHO's China representative, said such a possibility remains despite no one in close contact with the first human H7N9 cases having tested positive for the strain.

April 9, 2013

Hong Kong has never isolated itself as a closed economy and society. From the very beginning of its inception as a British colony, it has been purposely declared a free trade port, an entrepot between East and West, and more specifically between Guangzhou (and later Shanghai) and the overseas market.

April 9, 2013

Last week I read a story in China Daily about an NGO named Life Education and Crisis Intervention Center that co-organized a lecture series on life education with the Shanghai Pudong district government.

April 9, 2013

China's largest external contract engineering service provider in the machinery industry is stepping up its efforts at exploring further business opportunities and high technology, reports Ding Qingfen.

Xu Niansha submitted a simple but highly focused proposal in March as a new member of the 12th National Committee of the Chinese People's Political Consultative Conference, the nation's top political advisory body.

He said the central government should help and support State-owned enterprises buy high technology from abroad.

A look at what Xu and his company, China National Machinery Industry Corp (Sinomach), is all about shows that his proposal is more than reasonable.

April 8, 2013

The central government has repeatedly emphasized that cultural and artistic undertakings represent the national blood.

The central government has repeatedly emphasized that cultural and artistic undertakings represent the national blood. The promotion of arts and culture requires constant cooperation between the mainland, Hong Kong, Macao and Taiwan: we have to establish common interest, improve cultural exchanges and strengthen national identity.

April 8, 2013

Trading of live poultry suspended following deaths, report Shan Juan and He Na in Beijing, and Wang Hongyi in Shanghai.

Trading of live poultry suspended following deaths, report Shan Juan and He Na in Beijing, and Wang Hongyi in Shanghai.

Few stalls were open on Sunday in Shanghai's Wanshang flower and bird market in the wake of deaths from the H7N9 strain of bird flu. Sunday is usually the busiest day of the week as bird lovers of all ages wander around and listen to the chorus of thousands of birds.

On April 6, the local government ordered the suspension of all trading in live poultry and pet birds, but so far there has been no official directive to close the market.

April 8, 2013

Cooperation between China and Africa is stronger than ever, with China planning to beef up investment in Africa and Chinese companies starting to consider moving abroad, top economists and former officials have said.

Cooperation between China and Africa is stronger than ever, with China planning to beef up investment in Africa and Chinese companies starting to consider moving abroad, top economists and former officials have said.

"Now is the best period for Asia, especially China, to cooperate with Africa. There will be a surge of cooperation in not only quantity but also quality," said Wei Jianguo, former vice-minister of commerce and current secretary-general of the think tank China Center for International Economic Exchange Center.

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