Tag Archives: Danwei.com

Low-cost drug list to transform pharmaceutical industry in China

Posted on 2013-11-19 by Eric Mu

Economic Information Daily (经济参考报), a business newspaper published by Xinhua News Agency, ran a story on November 17 reporting that the National Development and Reform Commission (NDRC) may soon release a list of drugs that must be sold at low prices … Continue reading →

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China Minsheng Bank to release high-interest debit card as competition heats up

Posted on 2013-11-15 by Barry van Wyk

Allied with Taobao and other online marketplaces, Chinese money market funds such as Yu’ebao are making inroads into markets traditionally dominated by banks (see previous Danwei post). Not only are these fund products more accessible for Internet users, their interest rates, … Continue reading →

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Air pollution boosts companies in emissions analysis and filtration

Posted on 2013-11-07 by Eric Mu

It may just confirm what we already know — the smog is getting worse: China’s Meteorological Administration says that there were more smoggy days nationwide this year than anytime during the past 52 years. In Beijing, that includes half of … Continue reading →

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Ping An strengthens online financing arm with launch of Zhong An Insurance

Posted on 2013-11-07 by Eric Mu

The launch ceremony of China’s first online liability insurer, Zhong An Insurance, on Wednesday was attended by three of China’s most prominent personalities, namely Jack Ma of Alibaba, Pony Ma (Ma Huateng) of Tencent, and Ma Mingzhe, president of Ping … Continue reading →

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Pharma companies set to enter direct sales of nutritional supplements and beauty products?

Posted on 2013-11-04 by Eric Mu

Two A-share market-listed pharma companies, Xiangxue Pharma and Kangmei Pharma, announced this week that they had obtained licenses to conduct direct sales. Such licenses are under tight regulation for fear that they would be used to start pyramid schemes. So … Continue reading →

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Is Yili poised to gain from China’s milk shortage?

Posted on 2013-11-04 by Eric Mu

Yili, a leading Chinese diary brand, posted record quarterly revenues of 12.55 billion yuan for the third quarter of 2013. To put it in perspective, the number is more than the total revenues of Guangming, one of Yili’s domestic competitors, … Continue reading →

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Chinese pharma companies rush to invest in hospitals

Posted on 2013-10-28 by Eric Mu

Following Guangzhou Bayunshan Pharma’s announcement that it plans to invest five billion yuan in high-end hospitals and a strong rally in the health care sector in China’s A-share market last week, several newspaper articles have appeared beating the drum for … Continue reading →

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Starbucks price comparison after the CCTV attack

Posted on 2013-10-24 by Rachel Wang

On October 8, China Business News, a publication owned by SMG, a media congomerate controlled by the Shanghai city government, published a report attacking Starbucks’ high prices in China. On October 20, China Central Television (CCTV) broadcast a story targeting the … Continue reading →

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Big three Chinese telecom operators criticized for profiting from spam

Posted on 2013-10-24 by Rachel Wang

Beijing Times 京华时报 yesterday published an article (based on a report in the CCTV 1 program Focus Interview 焦点访谈) analyzing the profit chain of spam texts sent by China’s three leading telecommunication operators. According to the report, many spam texts are sent from numbers … Continue reading →

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Will a tax rebate rejuvenate China’s restaurant industry?

Posted on 2013-10-24 by Eric Mu

According to a Southern Daily 南方日报 report, Wang Huiying (王惠英), vice inspector of the “Trade in Services and Commercial Services Department” of Ministry of Commerce, revealed that the Ministry is seeking to lower the business tax rate for restaurants from … Continue reading →

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