China is witnessing an unprecedented boom in hotel construction that is changing the face of the global hospitality industry. The country will have the highest number of hotels under construction and room openings in the world for each of the next two years, according to figures released by Lodging Econometrics, the US-based hotel retail estate market analysts […]
When Rob Belgiovane set out from his Australian agency for the China Ad Festival in Nanning, he expected to fly into a small town near the Vietnamese border. Instead, he found himself in a city the size of New York that remains largely unknown to Westerners. And the sprawling metropolis was a dramatic example of the wide open market for retailers and agencies that China has become/ Ad Age Asia Editor Normandy Madden was on hand to record Belgiovane’;s startled impressions of the world’s new wild west of advertising […]
By July 2008, China had become the world’s largest internet market with 253 million internet users including 40 million Internet game players, journalists learned from the 2008 China-ASEAN Cultural Industry Forum, which closed in Nanning city on October 29.
China’s National Development and Reform Commission stated that out of the 100 billion yuan (over 15 billion US dollars) of newly-added central government investment, 28 billion yuan (4 billion US dollars) has been designated for the construction of major transportation infrastructure, just less than the amount of investment for people’s livelihoods…