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Fairtheworld Speculates: How Will Global Enterprises Ride the Wave of China's Early Recovery?

2009-07-01 20:24 1013

HONG KONG, July 1 /PRNewswire-Asia/ -- According to the latest statistics, China’s PMI rose to 53.2 in June, floating above 50 for four straight months, indicating that the manufacturing industry is keeping its signs of an early warm-up. Previously, the PMI was below 50 between last October and this February during China’s economic downturn. The new figure indicates an industrial expansion. China’s 4 trillion yuan stimulus package is demonstrably boosting its domestic spending, leading to increased activities in the manufacturing industry.

China’s 4 trillion Yuan stimulus plan will be digested gradually, hopefully saving many crisis-hit enterprises from the prospect of bankruptcy. Compared with the freezing international market, China’s economic stimulus package is doing yeoman’s service, and has become the life-saving straw coveted by many enterprises. The 4 trillion is not for domestic enterprises alone. On June 26th, the National Development and Reform Commission issued a statement clarifying China’s stand, which is to press ahead with the reform and opening up without repelling foreign enterprises and products.

The "Fair N Fair" 3D Virtual Expo platform created by Fairtheworld.com consists of Water Supply, Architecture, Petrochemical, Engineering, Textile/Clothing, Tourism/Sports, IT, Automobile and General Business Halls, which fit neatly into the government’s 4 trillion investment. For those companies who want to enter the Chinese market and share the incentives from the Chinese government, the "Fair N Fair" 3D Virtual Expo platform is a good place in that it will greatly facilitate an early market entry. "Fair N Fair" designs its e-commerce model based on its innovative concept of "e-commerce matrix", enabling every company in "Fair N Fair" to become an active business unit. These business units are connected in a highly free manner, forming a handful of operational chains. Meanwhile, the active use of multi-media technology has stretched the limit of traditional e-commerce texts, transforming e-commerce from graphics to multi-dimensions by the application of 3D technologies which vividly display business activities.

While Fairtheworld leads the e-commerce areas in concept and technology, it is also deeply rooted in the Chinese background. Fairtheworld understands the Chinese people, Chinese market and Chinese government well. It is therefore well placed to be a good partner and agent helping international enterprises enter into China with respect to areas such as e-commerce, market analysis and public relations.

Source: Fairtheworld
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