E-Commerce Up 20 Per Cent
Online business volume increased 20 per cent in 2008, to RMB1.95 trillion, market research firm IDC said in a new report. China's largest e-commerce platform Taobao saw sales volume increase from RMB43.3 bn in 2007 to RMB100 bn in 2008. The report also revealed that the number of people using online commerce platforms in China has reached 50 million.
Triple Merger Creates Chinese Steel Giant
The three Hebei-based steel companies Tangshan Iron and Steel, Handan
Iron and Steel and Chengde Xinin Vanadium and Titanium, have announced
their merger, state media reports. The new company will be called Hebei
Iron and Steel Group and will have an annual production capacity of 32
million tonnes of raw steel, overtaking Baosteel as China's largest
steel producer.
|
|
|
Users' Comments  |
|
Average user rating
|
|
Add your comment
|
News & Interviews 
