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China's MIIT Issues SME Informatization Guidelines

MIIT, 1/24/17

China's Ministry of Industry and Information Technology (MIIT) recently issued new guidance on promoting small and medium-sized enterprise (SME) informatization, indicating that by 2020, the level of information technology used by Chinese SMEs should be substantially upgraded. Read More

Qihoo's B2C Online Drug Marketplace '360 Haoyao' Wins RMB 100 Mln Series A

Ebrun, 5/26/16

Guangzhou-based Youyi Information Technology, operator of online and mobile B2C drug marketplace 360 Haoyao (literally "360 Good Medicine"), has won RMB 100 mln Series A funding from Lilly Asia Ventures and SoftBank China Venture Capital. Read More

Hoperun Software Raises RMB 391 Mln in ChiNext IPO

China Venture, 7/18/12

Jiangsu-based software outsourcing services provider Hoperun Software (300339.SZ) has raised RMB 391 mln in its IPO on the Shenzhen Stock Exchange's ChiNext growth enterprise board, issuing 19.19 mln shares (accounting for 25% of total shares after the offering) at a share price of RMB 20.39 with a PE ratio of 41.21. Read More

Apple, Environmental NGOs Discuss China Pollution

Oriental Morning Post, 11/04/11

On October 31, Ma Jun, director of the Institute of Public and Environmental Affairs (IPEA), a Chinese NGO, met with Linda Greer, director of the US National Resources Defense Council's (NRDC) public health program, and representatives of Apple's operations, government relations, and China supply chain management at Apple's Cupertino headquarters for a five-hour discussion. Read More

Shoe Retailer Belle Achieves 2010 E-Commerce Revenue of RMB 200 Mln

21st Century Business Herald, 2/12/11

Xie Yunli, general manager of e-commerce services for Chinese clothing distributor and retailer Belle International, recently revealed the company recorded over RMB 200 mln in online sales last year. Read More

Acer, Founder Announce Partnership Details

IT Time, 8/05/10

Beijing-based PC and peripherals manufacturer Founder Technology Group (600601.SH) has announced in a public filing that Acer (2353.TW) will take responsibility for operating the bulk of Founder's PC business, and that a number of related Founder departments will be moved to Acer China. Read More

TSMC to Expand Cooperation with Mainland China on IC Industry

CCTIME, 2/12/10

Taiwanese semiconductor maker TSMC (2330.TW) has announced that it will expand its cooperation with mainland Chinese integrated circuit production bases and technology centers in the interest of accelerating the development of the mainland IC design industry. Read More