Expert Profile

Expert photo David Wei
Since October 2007, chief executive officer and executive director of Alibaba.com;   From November 2006 to September 2007, president of Alibaba.com and executive vice president of Alibaba Group;   From 2002 to 2006, president of B&Q China, a subsidiary of King

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Sourcing In China


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Facts & Figures In China

China Aviation Industry 2009 Profit
China's Aviation sector as a whole returned to profit in 2009, earning a collective 7.4 billion yuan, according to preliminary government figures, after losing about $4.5bn in 2008.
 

China Products

Orange Solar powered backpack

    
Make the Most of a Sunny Day with a Solar Backpack

Nowadays we are having a very unstable and crazy weather. They are nothing like the ones that we usually had in the past. There are many extreme weather conditions everywhere. In some places, there are intolerably hot days; and in other parts, the cold is unbearable. Those strange weather anomalies happen because of the global warming which is a process where the heat of the sun cannot be reflected back to the sky and thus be trapped inside the earth by the greenhouse gases. This greenhouse gas is the cause of the whole weather problem and this gas is caused when we burn the fossil fuel.

So there are many scientists who try to find an alternative source of energy. And one of the proven sources is the sun. Just by using the sola......

China's Best Blogs And Sites

On Aviation - Aeronautic - Navy - Space - Armament
China Economics Blog
Smart China Organization
China Challenges
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Aviation - Aeronautic - Navy - Space - Armament China
08/27/2010 China Southern Airlines 1H Net Profit CNY2.07 Bln
  China Southern Airlines Co. said Monday its first-half net profit rose more than 80-fold from a year earlier, due to increased demand for air travel and a gain fro......
 
07/22/2010 Hunan Boyun, Honeywell to Form Venture to Make Parts for Chinese Aircraft
  Hunan Boyun New Materials Co. plans to form a venture with Honeywell International Inc. to produce braking systems and wheels for China’s first narrow-body passenger jet, the Chinese company said i......
 
05/05/2010 Air China First Quarter Profit $318 Million
  Air China Ltd said its net income for the first quarter more than doubled from a year earlier because of a rapid rebound in demand for air travel, reported Friday’s MarketWatch.
 
04/26/2010 China Eastern Airlines Net Profit Up 104 Pct In 2009
  China Eastern Airlines Co., Ltd, one of China's leading carriers, Monday reported a net profit of 540 million yuan ($79 million) last year on lower operating costs, reported Xinhua News.
 
04/23/2010 Air China Cancels Flights To Europe Due To Ash
  China's national airline, Air China Ltd., said it canceled or delayed flights to and from Europe on Friday due to ash from Iceland's volcanic eruption, reported Friday’s AP.
 
04/19/2010 China Eastern Air Said To Join Air France-Led SkyTeam Alliance
  China Eastern Airlines Corp., the nation’s second-biggest carrier, will join the SkyTeam airline grouping, rejecting proposals from Oneworld and Star Alliance, according to two co......
 
04/08/2010 China Cuts Aviation Fuel Price By Ten Yuan Per Ton
  China's fuel price regulators will cut the domestic aviation fuel ex-factory price by 10 yuan ($1.46) per ton to 5,200 yuan from April 1, the Civil Aviation Admi......
 
04/07/2010 Bombardier, China Development Sign $3.85 Billion Financing Deal
  China Development Bank Corp.’s leasing arm agreed to provide as much as $3.85 billion of customer financing to Bombardier Inc. as the planemaker seeks to boost sales in the wor......
 
03/12/2010 Air China Aims To Buy Shenzhen Air For Southern Hub
  Air China Ltd., the nation’s third-biggest carrier, intends to buy Shenzhen Airlines Co. to add a hub in the south of the country, reported Thursday’s Bloomberg.
 
03/01/2010 Cathay Pacific, Air China Said To Near Cargo Venture Agreement
  Cathay Pacific Airways Ltd., Hong Kong’s largest carrier, and affiliate Air China Ltd. intend to sign an agreement on forming an air-cargo venture before the end of the ......
 
02/17/2010 China Eastern Airlines Executive: Actively Seeking Strategic Investor
  China Eastern Airlines Corp. is actively seeking a strategic investor as well as trying to remove its domestically listed shares from the Shanghai bourse's "special t......
 
02/08/2010 China抯 Comac Seeks 100 C919 Plane Orders By Year End
  Commercial Aircraft Corp. of China, maker of the nation’s first narrow-body passenger plane, aims to win around 100 orders for the aircraft by year-e......
 
02/08/2010 ASEAN And China CloseTo Deals To Open Up Asia-Pacific Air Travel
  China and the Association of South East Asian Nations are nearing agreement on two air service pacts that would mark a big move towards open skies across a vast area of the Asia-Pacific......
 
02/07/2010 China's CIMC To Acquire 75% Stake In F&G
  China International Marine Containers (Group) Ltd. (CIMC) said Tuesday it would acquire a 75-percent stake in Friede & Goldman United (F&G), a U.S.-based naval architecture a......
 
02/04/2010 China Eastern To Launch New Flight Between Kunming, Dubai
  China Eastern Airlines will launch new air service from the southwestern Chinese city of Kunming, the capital of Yunnan province, to Dubai on Feb 22, the company said Jan 30, reported Xinhua.
 
02/04/2010 China Southern Plans Long Routes As Fast Rails Undercut Demand
  China Southern Airlines Co., the nation’s biggest carrier, said it’s planning to add more long-haul and international flights to conten......
 
01/26/2010 China Southern Air To Buy 20 Airbus A320 Planes
  China Southern Airlines said on Wednesday that it has agreed to buy 20 Airbus A320 aircraft with a list value of $1.54 billion, reported Reuters.
 
01/20/2010 China Eastern Air: Carried 44 Mln Passengers In 2009; Up 18.3%
  China Eastern Airlines Corp. carried 44 million passengers in 2009, up 18.3% from a year earlier, the company said Thursday, reported Dow Jones.
 
01/14/2010 Japan Airlines Predicament A Boon To China Eastern
  China Eastern Airlines Corporation Limited is likely to take over some passengers from Japan Airlines Corporation (JAL), which is cutting down airlines between China and Japan, reported Hexun.com.
 
12/08/2009 Air China VP Named Shenzhen Air Party Sec - Sources
  Air China Vice President Fan Cheng was named a senior official of Shenzhen Airlines on Tuesday, adding fuel to speculation that the world's most valuable air......
 
11/24/2009 China Commercial Aircraft Plans Plant In Shanghai
  Commercial Aircraft Corp. of China plans to build an assembly line for its homegrown C919 jetliners in Shanghai, the latest step in the country's......
 
11/10/2009 China Southern, Air China Post Profits On Travel
  China Southern Airlines Co., Air China Ltd. and China Eastern Airlines Corp., the nation’s three biggest carriers, all rebounded to profits in the third quart......
 
10/27/2009 China's Hainan Airlines To Begin Service To Hawaii
  China's Hainan Airlines has received approval to begin service from Beijing to Hawaii, reported AP.The U.S. Department of Transportation approved the flights, which initially will be......
 
10/05/2009 AVIC General Aviation Scouts For Stakes In Foreign Firms
  AVIC General Aviation Co Ltd is seeking equity participation in a foreign general aviation aircraft manufacturer to strengthen its development capabilities and to explore the ......
 
09/23/2009 China Domestic Air Traffic Rose 43 Pct In August
  China’s aviation industry took flight in August as domestic passenger air traffic rose  by 43 percent year on year, even as the global air transport industry is still facing a slump, China's t......
 
09/15/2009 China Says First Jet To Cost Less Than Boeing, Airbus
  Commercial Aircraft Corp. of China (COMAC), the government-controlled planemaker, said its first commercial jet will “surely be cheaper” than comparable Boeing Co. and Airbus SAS models, heighteni......
 
09/07/2009 Debt-Laden East Star Airlines Goes Bankrupt
  East Star Airlines, the debt-laden private airline based in central China's Wuhan city, officially went bankrupt after its restructuring application was rejected Thursday, reported Xinhua.
 
09/04/2009 China Southern Airlines's First Half Net Profit Down 95.3%
  China Southern Airlines, the nation's largest carrier, reported a 95.3 percent decline in first half's net profit despite the increased passen......
 
09/03/2009 China Jumbo Jet Project Boon To Foreign Suppliers
  Foreign aviation suppliers are competing for business opportunities arising from China's plans to build a jumbo jet, reported China Daily.
 
08/25/2009 Air China To Increase Stake In Cathay
  Air China will pay 6.335 billion Hong Kong dollars for 491.9 million shares of Cathay Pacific Airways to hold a nearly 30 percent stake in Cathay, reported China Daily. 
 
08/25/2009 Air China Saida To Up Cathay Pacific Stake By 13 Pct
  Air China Ltd., currently owning  17.5 percent of Cathay Pacific Airways Ltd., will buy as much as 13 percent more of the carrier from Citic Pacific Ltd., ac......
 
08/20/2009 Xi'an Aircraft International To Form Two JV With Goodrish Corp.
  Xi'an Aircraft International Corporation (XAIC) and Goodrich Corporation signed agreements Wednesday to form two joint-venture companies that will be involved in the ma......
 
08/11/2009 China抯 Three Biggest Airlines To Get Government Cash Injection
  The parent companies of China's three largest airlines are expected to get a total of 3.1 billion yuan from the central government to weather the economic downturn, reported Shanghai Daily.
 
08/11/2009 Spring Airlines To Expand Fleet To 100 Jets By 2015
  Privately run Chinese carrier Spring Airlines aims to boost its fleet of aircraft to 100 by 2015 from just 13 now, and is only looking at adding planes from the ......
 
07/22/2009 First Made-in-China Regional Jet Makes Longest Trial Flight
  China's first domestically-developed regional ARJ21-700 jet made its longest trial flight of 1,300 kilometers in about two hours from Shanghai to Xi......
 
07/17/2009 China Eastern And Shanghai Airlines To Merge
  China Eastern Airlines, on Sunday, announced its planned merger  with Shanghai Airlines through a shares swap and the  resumption of their stock trading in......
 
07/14/2009 China Aerospace Firm AVIC In Fortune Rank List
  China's aerospace and defense corporation, AVIC, has nudged into Fortune's Global 500 list for the first time, reported China Daily.  
 
07/14/2009 China May Have Its First Female Astronaut By 2012
  China's first astronaut, Yang Liwei, made history when he journeyed beyond the planet's atmosphere for 21 hours aboard the Shenzhou V spaceship in 2003. Now 44 years old, and in c......
 
07/10/2009 China's Compass To Rival Other Global Navigation Satellite Systems
  According to the State Bureau of Surveying and Mapping, China’s global navigation satellite system  Compass, or Beidou (Big Dipper) in Chinese, is expected......
 
07/09/2009 Construction Of R&D Center For Large Aircraft Began In Shanghai
  The first phase construction of the center in the southern section of the city’s Zhangjiang Hi-tech Park covers an area of 80 hectares and will be completed and put into use at......
 
05/22/2009 First China-assembled A320 Completes Maiden Test Flight
  The first Airbus A320 plane assembled in China, takes off from Binhai International Airport and landed smoothly at Tianjin Binhai International Airport at 2:56 p.m.......
 
05/07/2009 Experts See China Capable To Offer Free Global Navigation By 2020
  Compass, China’s own constellation of satellites,  would cover all of China and its adjacent regions by the end of 2010 or early 2011, and it would expand into a global network by 2020, Ca......
 
04/28/2009 Chinese Navy Joined By 14 Countries In 60th Anniversary Parade
  The Chinese navy  marked its 60th anniversary with a  floating parade off the coastal Chinese city of Qingdao, together with military  ships from 14 different countries.
 
04/27/2009 China Launches Second Global Navigation System "Compass" Satellite
  China successfully launched the Compass-G2,  its second navigation satellite, as part of the country's independent global satellite navigation system.
 
04/20/2009 China Says Domestic Weapons Technology Are World-Class
  The  government-backed China Association for Science and Technology said  in its annual report  that China has developed some of the most advanced weapons technology in the world, as a re......
 
04/07/2009 China's Shenzhou-7 Space Team Wins US Award
  For accomplishing a number of "firsts" for the Chinese space program in a single mission,  China's Shenzhou-7 manned space flight mission team  won......
 
03/18/2009 China Selects 5 To 7 Taikonauts For Space Station
  China is conducting a  new round of astronauts selection, to  find  five to seven  who will enter the final list,  according to an officer of the country's space program.
 
03/18/2009 China's Aviation Industry 2008 Loss: CNY28 Billion
  Civil Aviation Administration of China (CAAC) deputy director  Yang Guoqing, has disclosed to local media that China's aviation industry suffered a total loss of CNY28 billion in 2008, ......
 
03/18/2009 China抯 Jan-Feb Retail Sales, Factory Output Growths Slowed
  China's annual retail sales and factory output growths  slowed in January-February, but new domestic-currency lending in February topped 1 trillion yuan for the second month in a row as......
 
03/17/2009 China To Deliver 13 Passenger Planes To Indonesia
  China's Xi'an Aircraft Industry (Group) will deliver before the end of 2009,  13 turboprop passenger planes to Merpati Nusantara Airlines  of&nb......
 
 
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Expert Talk

Expert photo

David WeiAlibaba.com, the World抯 Biggest Online Marketplace

If you accidentally drop by a speech by David Wei, CEO of Alibaba.com, at a networking event organized by the CCIFC near the Chinese New Year, and you don’t know who David is, very likely you will guess the well-groomed guy promoting Alibaba in perfect English and with great diplomacy must be the media director of the E-commerce giant. Like the Group’s chairman & CEO Jack Ma, David Wei knows intuitively how to take advantage of media and publicity to popularize their company and ideas. But different from Jack Ma’s unassuming manner, passion and sheer personal charisma which embodies China’s entrepreneurs, an air of sleekness, caution and well-educated gentlemanship -- traits of many western professional managers -- envelops David Wei, who was born in Shanghai, received education from London Business School, and once an investment banker. The article below is largely based on what David talked that night at the CCIFC party and what we learned from online sources about Alibaba.



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Jessie WangIdealpeople, Illustrious Pathfinder in Recruiting Business

Jessie Wang had her first taste of the glamour of the recruitment industry when she was tapped from a renowned management consulting firm to work in Idealpeople, a young but resonating name in the recruiting industry. Two years later, she was struck harder by the charm of recruitment when she was planted in Beijing as the Head of Idealpeople APAC. Now, recruiting both for MNC clients and her own team, she experiences the beauty of connecting high-caliber talents and sterling companies on a daily basis.



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Denis GihanForeign Investment in China

If we need to summarise Denis Gihan’s career, Business, Management consultation, Investment and Entrepreneurship will be the most befitting keywords before 2007, after which we should add a new word – China. After earning an MBA from one of France’s elite business schools, Denis spent nearly twenty years in the business world. First worked in the finance and management consulting business for about 13 years, and then had several successful entrepreneurial tries, Denis married a Shanghai-based French lady and relocated there in 2007. Thus begins his China adventure. In this interview Denis discusses with us investment and opportunities in the Far Eastern country.



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Steve Xinyu LiCTG, a Dark Horse in China's Human Resource Outsourcing Market

Like many of China’s crème de la crème in the 1990s, Steve Li firstly got two degrees from China’s G2 universities, then successfully landed a scholarship from one of the Ivy League Schools. After that, a decent job in the IT industry and citizenship of the free world. For most American engineers of Chinese ancestry, what follows normally are more senior titles, bigger houses, family, and beach. But Steve is unusual. Besides solid engineering background, Steve is full of energy, has a deep understanding of both the business world and human nature, sociable and risk-taking. He knew deep inside that he can be something different. His Chinese friends also knew that.
 
The year 2007 came quietly. That year a domestic company China Talent Group was looking globally for a director of business development. CTG needed a talent who shall have international vision, new business development capability, both locally and overseas, and of IT background since they planned to upgrade their IT system in the near future. When Steve’s domestic friends learned the opening, they referred him. Instinctively sensed the value of the position, Steve without any hesitation grabbed the opportunity. Now newly appointed as VP of Business Development at CTG in this January, Steve was more convinced of the rightness of his decision more than two years ago.
 


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Charles GAOWorld-Leading HR Firm Adecco to Gain Its Due in China

When we first met Charles Gao, the Associate Director of Adecco China, we cannot believe he has 15 full years work experience under his belt: his look, vitality and passion all speaks that he should be a twentysomething. But minutes after our talk, his discreet words, professionalism and air of dignity soon manifested his long working life and time-mellowed sophistication. He is just like the company he is working at: Adecco, though its origin can be traced back to 1957, never stopped growth and expansion. Now fully established in China, it keeps on thriving and flourishing. Not long from now, we may witness it secure its championship in China, as it did all over the world.
 


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Cedric Mangaud Enhance China抯 Mobile Services

Widely regarded as a product visionary, Cédric Mangaud, the CEO of Abaxia,  has more than 10 years experience of international business and general management within the telecommunications and Internet industries. Enterprising, dynamic and fascinated by next generation mobile technologies and opportunities in China, he has just opened a representative office of his mobile software company in the country to help market the Chinese mobile industry.
 


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Gene ShiSafeguard Property Transaction in China

Whether you are a long-term China watcher or only having a smattering of interest in the Asian country recently, whether you single-mindedly focus on the Orient powerhouse’s industry and finance or just being curious about this ancient civilization’s life and society, you surely will notice the recent popularity of a local TV series called Narrow Dwellings, a metro melodrama on a topic which has too many stakes and emotions attached to it: housing in a modern Chinese city. Well, it takes a ton of pains to afford a house and mortgage in any world metropolis, but in China, a country with underdeveloped credit reporting and rating system, even if you stretched your whole family’s resources and thought you could manage to lay out a down payment, the work and risk does not stop there -- you need to well safeguard the property transaction process. That is exactly where First Title Real Estate Guaranty and its president Mr. Gene Shi come in to help, at the right time.



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Albin RouxPremium Armagnac from LAUBADE Comes to China

As the saying goes, you can judge a man by the company he keeps, and we know that wine is men’s best company, so an application of syllogism can lead us to the conclusion that you can judge a man by the wine he keeps. So what about the men who keep Armagnac as company, the most ancient eaux-de-vie (meaning water of life) in France? In this interview we are grateful to meet Albin Roux, the Brand Ambassador and Area Manager for L.E.D.A, which owns the famous Armagnac brand Château de Laubade. Suave, crisp and stylish, Mr. Roux will impress you profoundly as much as the mellow brandy he represents will do.



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Emmanuel GrosPump China Oil Up

You may not hear about PCM, but if you ever dabbled in stock market, you are surely familiar with big names like Sinopec and CNPC. PCM provides the driving force for these companies’ oil operations. Its patented product the Progressive Cavity Pump is used in oil well pumping operations all over the world, under whatever geologic circumstance, withstanding whatever climate and temperature. As driving as his company’s proprietary PCP, Mr. Emmanuel Gros launched the PCP Asia Pacific branch single-handedly in Shanghai in 2002. After seven years’ continual boom, the company now is well-oiled to force through any viscous fluid, any seemingly unpenetrable financial tsunami. 



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William TsengBuild to last in China

15 years ago, when a bunch of energetic and ambitious Taiwanese launched Capstone Construction & Development Co. in mainland China, all around them was towering cranes and roaring bulldozers. Now after all these years’ booming construction, when I went inside the roomy office of Mr. Tseng, General Manager of Capstone Construction, I was first greeted by the soaring cranes brandishing proudly outside his big window.