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Growth Engines
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LED Lighting Module Market Growing at 22.6% CAGR From $4bn in 2016 to $13.8bn in 2022, Driven by MID-Power Modules
Oct 16, 2017The LED lighting module market (including flexible LED strips) reached nearly $4bn in 2016 and is rising at a compound annual growth rate (CAGR) of 22.6% during 2017-2022 to $13.8bn, boosted by the emergence of innovative functions and the ...
Tags: LED market, Lighting market
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China to Reform Old, Boost New Growth Engines
Jan 22, 2016Breakthroughs will be made in steel and coal sectors in reforms of traditional industries, along with China's efforts to cultivate new growth engines, the Chinese premier said on Wednesday. It is crucial to make a good start for the 13th ...
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Structural Reform to Power China's Stable Growth
Jan 3, 2016The supply-side structural reform to improve all-factor productivity will help China gather future growth steam, according to the country's finance minister. Despite heavy downward economic pressure, the Chinese economy is still resilient ...
Tags: Structural Reform, capital inputs
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FTA Between China and Rok to Come Into Force on DEC. 20
Dec 22, 2015The free trade agreement (FTA) between China and South Korea will officially come into force from Sunday, providing an opportunity for the two countries to push forward their already-close cooperation partnership further. Seoul's trade ...
Tags: FTA, China and ROK
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China, S.Korea to Deepen Economic Ties with FTA Implementation
Dec 22, 2015The free trade agreement (FTA) between China and South Korea will officially come into force from Sunday, providing an opportunity for the two countries to push forward their already-close cooperation partnership further. Seoul's trade ...
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China, Russia Sign Over 30 Deals During Medvedev Visit
Dec 18, 2015Chinese Premier Li Keqiang (R) holds a welcoming ceremony for Russian counterpart Dmitry Medvedev for the 20th China-Russia Prime Ministers' Regular Meeting in Beijing on Dec. 17, 2015. [Photo: gov.cn] China and Russia signed more than 30 ...
Tags: energy, investment, finance, bilateral cooperation
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China Pinpoints Major Economic Tasks for 2016
Dec 17, 2015The Communist Party of China (CPC) on Monday unveiled its major economic tasks for 2016, the first year of the country's 13th Five-year Plan. To reduce housing inventories, more migrant rural workers should be issued with urban-residency ...
Tags: Economic Tasks, economic development, social development
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China's Online Retail Sales to Reach $1.6 Trillion in Five Years
Nov 11, 2015China's online retail sales are expected to rise to 10 trillion yuan ($1.6 trillion) in 2020 with the penetration rate doubling from the 2014 level to 22 percent, according to a report unveiled on Monday by Bain&Company and Alibaba. ...
Tags: Online Retail Sales, Alibaba
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Chinese Government Is Struggling to Meet Its Fiscal Targets This Year
Jun 28, 2015The Chinese government is struggling to meet its fiscal targets this year, finance minister Lou Jiwei warned on Sunday, citing slowing fiscal revenue growth. The central treasury received 2.95 trillion yuan (about 475 billion U.S. ...
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'new Normal' Can Not Be Without Innovative Push
Feb 10, 2015Although six years have passed since the global financial crisis broke out, many countries have not yet overcome its impact with the global economy is still facing uncertainties. And given the economic slowdown, albeit slight, in China, it ...
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Chinese Smartphone Makers Compete with Samsung, Apple
Feb 2, 2015China's top smartphone companies challenged Samsung and Apple with surging sales and revenue in 2014, vowing to scramble for a larger share in a global turf war with the top two makers. As one of the major competitors, telecom behemoth ...
Tags: Smartphone, Samsung, Apple
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Mainland China's Luxury Goods Market Has Slowed
Jan 21, 2015Sales of luxury goods slowed in China during 2014, with the growth rates falling for the first time amid slowing economic growth and brand proliferation, a new study said on Tuesday. Mainland China’s luxury goods market has slowed. ...
Tags: luxury goods, Brain
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UPS Market Sales for 2014 to Rise by 6.7%
Dec 1, 2014An uninterruptible power system (UPS) is a power electronic apparatus that has energy storage equipment, consists mainly of inverter, rectifier and battery pack, and provides safe, stable and uninterrupted electric energy to load equipment. ...
Tags: uninterruptible power system, UPS
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NetSuite Announced The Acquisition of London-Based Venda
Aug 13, 2014NetSuite Inc., the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, announced the acquisition of London-based Venda, a leading provider of ecommerce solutions for an undisclosed amount. ...
Tags: NetSuite
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Ssangyong Has Signed a MOU with KATECH to Cooperate in Development of a Self-Driving Car
Jul 24, 2014South Korea based vehicle manufacturer Ssangyong Motor has signed a memorandum of understanding (MOU) with the Korea Automotive Technology Institute (KATECH) to cooperate in development of a self-driving car. Under the deal, both ...
