Category: Economics & Trade

[photopress:IT_RandD.jpg,full,alignright]According to the 2006 R&D Expenditure Report China’s R&D expenditures reached RMB300 billion last year, 22.6% higher than in 2005. R&D expenditure in terms of GDP has risen from 0.69% in 1998 to 1.42% in 2006. Beijing aims to lift the figure by 2010 to 2.0%, closer to the levels of 2.5-3% in developed countries. […]

[photopress:logistics_lhasa.jpg,full,alignright]Construction has started on Tibet’s biggest logistics center. It is, of course, the direct result of the Qinghai-Tibet Railway that opened a year ago. We have made the illustration a little larger than normal so that you can see they are installing the station name. The logistics center, covering 533 hectares, is next to a […]

[photopress:MBA_credit_card.JPG,full,alignright]Difficult to believe that university students would ever act this way but it seems to be the case. The Shanghai branch of the China Banking Regulatory Commission has warned city banks to check carefully before issuing credit cards to university students. Some banks have been failing to check the credit worthiness of students and their […]

[photopress:air_san_jose.jpg,full,alignright]Do you know the way to San Jose? Well, yes. Go to San Francisco airport and instead of turning right out of the airport turn left. It is further that to San Francisco city, but not that much further. And it truly does not much have going for it as a town except a neat […]