With the Beijing Olympics just around the corner, China is speeding up efforts to promote its home-grown 3G (third generation) standard TD-SCDMA.
Tags: 3G, cdma2000, China-Mobile, China-Netcom, China-Telecom, TD-SCDMA, WCDMA
China will issue 40,000 dual-mode television mobile phones to Beijing Olympics staff and the models are expected to be available to the public soon after, which will push the development of the Chinese mobile TV market, Shanghai Daily learned yesterday.
Firms including Shanghai Simcom and ZTE Corp have produced the phones, which can receive both signals [...]
Chinese insurance companies earned more than 64.87 billion yuan ($9.5 billion) from their investments during the first half of 2008, for an average return of 2.4 percent, regulators said in Beijing on Tuesday.
Yuan Li, a spokesman for the China Insurance Regulatory Commission (CIRC), said at a news briefing that the insurance sector deployed 17.6 percent [...]
China will hasten reforms of Agricultural Bank of China, the weakest of the nation’s four biggest state-owned banks, and China Development Bank, the Chinese Cabinet said yesterday.
China will also fine-tune its regulatory oversight of cross-industry financial services and of financial holding companies, the State Council said in a statement, citing this year’s economic reform goal, [...]
The Agricultural Bank of China (ABC) has received approval from industry regulators to set up township banking units in the northern Inner Mongolia Autonomous Region and the central Hubei Province.
Zhang Yun, the bank’s vice president, said on Wednesday the new units would start operation soon. In addition, the lender also planned to acquire stakes in [...]
The central bank yesterday urged banks in Shanghai to keep a reasonable loan growth and improve credit structure in the second half.
Banks should improve their loans structure amid the current lending quota system, Su Ning, deputy governor of the People’s Bank of China and the head of the Shanghai headquarters of the central bank, said [...]
