Financial Industry

Updated 2006-08-03 14:34 ET

The Pearl River Delta is the hot spot that attracts overseas and domestic investors and Guangzhou is the center city of this area. In 2002, the volume of contracted foreign investment in Guangzhou was US$ 3.166 billion. The development prospect is filled with potentials once foreign banks entered Guangzhou.

Retail Sales of Consumer Goods up 22.0% in April China's retail sales of consumer goods in April rose 22.0 percent year on year to 814.2 billion yuan (6.3 billion).That brings China's retail sales of consumer goods in the first four months of this year to 3.3697 trillion yuan.

Software Sector Booms, Still Miles to Go China's software sector is booming as it taps global firms looking to cut costs, but its small size and lack of experience mean it will be years before it threatens Indian rivals, such as Infosys.

[Others]

• Guangzhou Ranks Third in Headquarter Economic Development Capability [ 04-24 14:41 ]
• Guangzhou Creative Industry Ranks among Top Three in China [ 04-08 10:20 ]
• Real Estate Speculators Turn to Orchids [ 12-24 13:02 ]
• Internet Matchmaking: A Promising Industry [ 12-05 11:02 ]
• Housing Market to Show the Effectiveness of Macro-Controls [ 12-03 11:44 ]
• Domestic Auto Startups Have Long Shot at Toyota [ 11-05 13:45 ]
• China Inaugurates First Bank-invested Trust Company [ 10-29 16:26 ]
• Cotton Yield to Edge Up This Year [ 10-24 13:53 ]
• New Rules for EU Exports [ 10-18 13:12 ]
• Canny Collector Cashes In on Painting [ 10-15 10:34 ]
• China Cuts Tariff on Electronic Imports [ 10-09 15:46 ]
• Cultural, Economic and Educational Co-op to Boom in GD [ 11-27 13:08 ]
• Aviation　Logistics [ 11-02 16:32 ]
• Foreign Investors Aim at GZ Service Industry [ 09-25 14:26 ]
• GZ's Animation to be Bolstered [ 09-16 15:45 ]
• Latest Outlet Expands Hang Seng's Mainland Presence [ 08-10 16:03 ]
• Investment Promotion on Guangzhou's Financial Industry [ 08-03 14:19 ]
• Guangzhou Financial Sector [ 08-03 14:13 ]
• GZ Auto Show Opens With Focus On Environment [ 07-25 13:28 ]
• Analysis on Tariff Adjustment for Imported Autos [ 07-24 14:16 ]

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