Chinese entrepreneurs think longer term on investing overseas
Chinese investors are unlikely to invest large amounts overseas in the short term despite an improved global investment environment. This was the conclusion of a report published today by the China Council for the Promotion of International Trade (CCPIT). It states that 26% of corporate interviewees plan to invest overseas in the next 12 months, while 30% said they had no such plans.

Hong Kong--the Most Competitive City in China
The Chinese Academy of Social Sciences (CASS) has published a blue book on urban competitiveness which lists Hong Kong, Shenzhen and Shanghai as the three most competitive cities in China. The following seven cities are Beijing, Taipei, Guangzhou, Tianjin, Kaohsiung, Dalian and Qingdao. Three are from the Pearl River Delta but only one from the Yangtze River Delta.

Alibaba launches English wholesale platform, targeting U.S. market
Alibaba, China's largest e-commerce company, officially started on Monday operating its English platform "AliExpress". The launch of "AliExpress", an English e-commerce platform that allows instant online transactions and scores of services to protect buyers and sellers, is targeted at the U.S. market.

Volkswagen earmarks another 1.6 bln euros for investment in China
Volkswagen AG said Monday it will increase its investment in China by 1.6 billion euros, with two new plants and other projects, as the company expands its business in the world's largest auto market.
 

China opens intellectual property rights website
China opened a website for intellectual property rights on Monday. The website is run by The Supreme People's Court of China and is a platform for communicating information concerning IPRs. Information such as judicial interpretations, court notices and decisions, surveys and research on IPR protection will be available on the website.