Really Useful Information for Selling to China A bi-weekly service from
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Published by China Import Network Issue 2Tuesday, May 1, 2007

IN THIS ISSUE

China to push forward exchange rate reform step by stepTOP

Reforming the Renminbi foreign exchange rate mechanism will aid China's fast-growing economy.
Over the past two years, the Renminbi has floated within a narrow range. Since the beginning of this year, as the U.S. dollar has declined in value, the currency has appreciated by 5.54 percent against the American currency.
However, the Renminbi's performance has not appreciated against other major currencies such as the euro.
The Renminbi's performance against the dollar is seen as reflecting the weakness of the American currency rather than the strength of the Renminbi and so China has maintained a prudent attitude toward widening the float range.

Under pressure to revalue the Renminbi, China has allowed citizens to buy more foreign currencies and commercial banks to trade shares overseas through qualified domestic institutional investors (QDII).

China took a highly responsible attitude during the Asian financial crisis 10 years ago. That is no reason for it to act imprudently now in setting the Renminbi foreign exchange rate. Also developed nations should accept more risk and responsibility in setting foreign exchange rates to help developing nations.

TravelChinaGuideTOP

The largest source of travel-related information in China www.travelchinaguide.com.

TravelChinaGuide.com, being the largest source of travel-related, practical, reliable travel information for both sightseeing tourists and business travelers, is the product of cooperation between Xian Marco Polo International Travel Service Co., Ltd. (who is under the direct domination of Xian Tourism Bureau (Chinese Version Only)) and Xian Diamond Network Co., Ltd. Since 1997, TravelChinaGuide.com and its affiliated websites has established firm business relationship with its many customers at home and abroad, and gained high reputation among them.

Travel China Guide is the largest online tour operator in China. Its travel consultants offer many choices--from luxurious group packages to tailor-made private tours--with 24-hour toll-free services for our valued guests.

In the year of 2003, TravelChinaGuide has been recommended by 'the New York Times' as a large and reliable China travel service.

TravelChinaGuide.com is a member of the Pacific Asia Travel Association (PATA) which is the leading voice and authority on Asia Pacific travel and tourism.

Plan today to explore Chinese civilization in this beautiful and mysterious land.

Investment environment of ShaoxingTOP

Shaoxing is one of the cities to be planned first and developed first in the south of the Yangtze River Delta determined by China's State Council. Up to now, it has established direct trade ties with 105 countries and regions, and sister city and friendly exchange relationships with 10 cities in foreign countries. At present, there are 5 provincial economic development zones, a provincial tourism development zone and a new hi-tech development zone in Shaoxing. Among them, Shaoxing Economic Development Zone is the only land development program loaned and supervised by the World Bank of all the development zones in China.

The city has altogether approved 1590 foreign investment companies, Sino-foreign joint ventures and Sino-foreign cooperative enterprises, with a total investment of 3.5 billion US dollars, an agreed foreign investment 1.45 billion US dollars, and an actual foreign investment 680 million US dollars. The foreign investors come from 44 countries and regions. Their investments are involved with 25 professions such as agriculture, energy resources, textile, machinery, electronics, chemicals, pharmaceuticals, light industry, construction materials, etc. According to the analysis of foreign investment, about 85% of the companies are making profit.

It has established 46 companies or organizations in countries and regions such as the U. S., Japan, Hong Kong, Southeast Asia, Eastern Europe and the C.I.S.

Laozi- a legendary Daoist philosopherTOP

Laozi is the name of a legendary Daoist philosopher, the alternate title of the early Chinese text better known in the West as the Daodejing, and the moniker of a deity in the pantheon of organized “religious Daoism” that arose during the later Han dynasty (25-220 CE). Laozi is the pinyin Romanization for the Chinese characters which mean "Old Master." Laozi is also known as Lao Tan ("Old Tan") in early Chinese sources (see Romanization systems for Chinese terms). The Zhuangzi is the first text to use Laozi as a personal name and to identify Laozi and Lao Tan. The earliest materials associated with Laozi are in the Zhuangzi’s Inner Chapters. The Outer Chapters of that work have ten logia in which Laozi is the main figure, four of which contain direct attacks on the Confucian virtues of ren, yi, and li that are reminiscent of passages from the Daodejing and probably date from the period in which that collection was reaching some near final form. The earliest ascription of authorship of the Daodejing to Laozi is in Han Feizi and the Huainanzi, but several themes from the Laozi logia of the Zhuangzi are traceable into the Daodejing and on at least two occasions in that text Laozi counsels following dao (the Way) to possess de (virtue). Laozi became a principal figure in institutionalized religious forms of Daoism. He was often associated with many transformations and incarnations of the dao itself.

Laozi said: The tao that can be told is not the eternal Tao. The name that can be named is not the eternal name. In Chinese language: 道可道,非常道;名可名,非常名。

Charged Service GuideTOP

Service Flow:

1. Users can post their products without cost at www.import.net.cn/e/product_add.php. And users should post product according to our requirements. Our staff will check and publish the product in a work day.

2. Users can pay for the “Product Track Service” of China Import Network. (The detail is as following).

Service Instructions:

1. Product info translation: We will translate the product info into Chinese so that China Importers can read the info easily and conveniently.

2. Business Contacts: China Importers can submit their demanding info to us if they are interested in the product. We (China Import Network) will translate the demanding info into Chinese and send it to the overseas exporters by E-mail. And we will call the overseas exporters about the mail at the same time.

Standard of Service Fee:

Each single product costs 50$ one year.

Valid Period:

One Year

Post your products at www.import.net.cn/e/product_add.php. And there is a lot of up-to-date demanding info at the channel "Demands" of China Import Network http://www.import.net.cn/e/demand/list__1.html. Take a look and grab the opportunity to sell your products.

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