As online shopping gain popularity, 2006 witnesses a turning point in China’s consumer to consumer (C2C) market as it overcomes infrastructure bottlenecks. Analysys International and Taobao.com jointly report the notable increase in the number of online buying and selling and the popular use of third-party payment. 

China's filling of its strategic reserves and refiners capitalizing on falls in international crude oil prices helped drive the country's crude imports sharply higher in September, to a level analysts said was a record monthly high, The Standard reported.

Despite lingering safety and environmental problems, foreign investors continue to put in resources to China’s chemical industry positive of the growing market demands for chemical products.

Despite recent cases of security breach in online banking, less than 3 percent of online users adopt third-party security verification in 2005. How can banks solve the problem to maximize benefits of online banking?

The Ogilvy Group China announced in a statement today it has agreed to acquire Black Arc Advertising, the country's leading agency specializing in real estate-related advertising and promotions.

The Ogilvy Group China and Shanghai Advertising Ltd. today announced in a statement the decision to renew their joint venture partnership for another 15 years. The agreement, set to expire in October 2006, has been extended until October 2021.

China’s optical fibre and cable sector has experienced growth in production and sales since late 2005, China Business News reported.  

With the continued growth of beer production, the heavy dependence on imported raw materials and resources is worrisome among industry players, Economic Information Daily reported. 

The sponsorship deal with Beijing Olympics allows UPS to introduce its full range of products and services before 2008, as part of its business expansion efforts, Economic Observer reported.

Overproduction begins to hit the market as steel prices in China dropped in July after five consecutive month-on-month rises, Xinhua reported.