According to the International Telecommunications Union (ITU) fourth-generation (4G) telephony timetable, spectrum planning will be complete by 2007, and global standardization by 2010.  China has made significant progress in its TD-SDCMA network and technology, meeting 3G standards, and the government is paying increased attention to 4G's latest progress, planning constructive involvement with communications technology research, development and standardization.  But with data-rich 3G telephony--which allows high-speed transmission of data and images--not yet available in mainland China, is the country ready to leap into 4G?

As a result of a greater number of corporate applications of e-commerce, higher demand for B2B e-commerce platforms quality and related services. The growing market has lured news entrance such China Suppliers Net, Hualian B2B E-trading platform, Tootoo.com and Yaphon.com to try to tap future business opportunities.

The regulations governing the internal controls at domestic commercial banks have been in practice for two years now. The key question remains: are they sufficient in promoting the standardization internal and risk control procedures? Protiviti Inc., an independent risk-control consulting firm, has jointly conducted a research project with Tsinghua University on the internal control procedures at the commercial banks in China. The project’s final report showed that two thirds of the respondents at banks verify data through random and human inspection, indicating the need to further strengthen internal mechanisms and control infrastructure.

If Industrial and Commercial Bank of China (ICBC)’s IPO signifies the short-term completion of the four Chinese commercial banks’ stock reforms, it also unveils a new pattern for competition among commercial banks in the Mainland. How does this affect the banking sector?

International Business Machines Corp. will relocate the head office of its global procurement arm to the southern city of Shenzhen from Somers, N.Y. The division maintains relationships between suppliers and IBM's businesses around the globe, The Wall Street Journal reported.

With the planned listing of International Construction Bank of China (ICBC) in Shanghai and Hong Kong in two weeks, the passion for the bank’s IPO unveils heightened interest of global investors in the opening up of China’s capital market. 

Rapid growth in insurance industry increases diversity of the Mainland’s capital market. Insurance firms registered total capitalization of 1048.3 billion yuan (131 million US dollars) in August 2006 said China Insurance Regulatory Commission. How strong are insurance assets going to get in China’s capital market?

The Internet has more than ever penetrated traditional businesses raising production and operational efficiency. Can it do better?

ING Capital Life Insurance Company Limited, ING Groep N.V.'s insurance joint venture with Beijing Capital Group, announced today that it had officially opened the doors of its Shandong Branch for business.