NEW DELHI - China's Alibaba group will set up a start-up incubator for mobile internet and mobile commerce in the southern Indian city Bangalore, said local daily the Times of India Wednesday. The project will be set up with the Globals, a Bangalore-based mobile and analytics solution company, after a meeting between Alibaba chairman Jack Ma and Globals founder Suhas Gopinath. The two companies want to focus on mobile internet as e- commerce is moving rapidly to mobile. "It becomes easier to mentor the startups, and find the right set of funders if you have a focused incubator," the report quoted Gopinath as saying. The idea for the incubator came from Guru Gowrappan, chief operational officer and head of product and marketing in Silicon Valley-based Quixey, of which Alibaba is an investor. The project is expected to start by May or June, according to the report. about Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com webiste:www.factorymf.com
Read MoreBEIJING -- China's consumer price index, a main gauge of inflation, grew 1.4 percent year on year in February, the National Bureau of Statistics announced Tuesday. The stronger-than-expected reading quickened from the 0.8-percent gain in January, the lowest level in more than five years. NBS statistician Yu Qiumei attributed the recovery to rising food and travel prices during the Chinese Lunar New Year Holiday. Distortions caused by the timing of the Spring Festival, which fell on January 31, 2014 but on Feb. 19 this year, also played a part, the NBS explained. Food prices, which account for nearly one-third of weighting in China's CPI, increased 2.4 percent year on year in February. On a monthly basis, consumer prices in January went up 1.2 percent. In addition, China's producer price index (PPI), which measures wholesale inflation, plunged 4.8 percent year on year in February, marking the 36th straight month of decline that pointed to continuing weak market demand. China's economy grew 7.4 percent in 2014, the weakest annual expansion in 24 years, and a string of economic indicators for the new year, including manufacturing and trade data, all suggested continued weakness. The annual government work report, delivered by Premier Li Keqiang at the opening meeting of the national legislature's annual session, set this year's economic growth target at around 7 percent and inflation control target at around 3 percent. about Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com webiste:www.factorymf.com
Read MoreTORONTO -- The renminbi (RMB) clearing bank in Canada, ICBC Canada, was officially launched on Monday evening. This is the first RMB trading hub in North America and in the western hemisphere. The hub is the latest step in a Canada-China relationship now worth $78 billion in two-way trade. Canada's Finance Minister Joe Oliver launched the bank at an event in Toronto hosted by the Industrial and Commercial Bank of China (ICBC). about Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com webiste:www.factorymf.com Alibaba TradeManager: cnrapiten
Read MoreGlad to tell you that we are going to attend Canton Fair on April 23-27. During the show, our new products(fabric wardrobe, shoe rack & wire hanger) and new fabric colors will be displayed. Sincerely welcome you to visit our booth and talk about our products face to face. Here is the information for your reference: Canton Fair Booth #:14.3H35 12.2B05 Date: April 23-27, 2015 Venue: Pazhou Exhibition Hall, Guangzhou M.P.0086+15059890115,18065235918,13559537637,18859563253 about Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com webiste:www.factorymf.com Alibaba TradeManager: cnrapiten
Read MoreChina will step up the pace of its free trade negotiations this year as it seeks to build stronger trade ties with more partners and reduce the dominance of the United States' currency in the global trading system. Trade experts say China needs another round of decisive measures to put its export growth on a firmer footing in 2015, amid declining demand in major foreign markets. Zhou Shijian, http://www.factorymf.com/the standing councilor of the China Society for World Trade Organization Studies, said new measures should include pushing the Chinese currency to play a bigger role in foreign trade, developing new trading routes in neighboring regions, and encouraging more high-value added products onto the global market About Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com webiste:www.factorymf.com M.P.0086-18859563253 TradeManager: cn1501818661
Read MoreA new year is coming.http://www.factorymf.com/Therefore,our company Launched some new products to choose for everyone.welcome to view our website to have a look and let me know what modles you like. About Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com webiste:www.factorymf.com M.P.0086-18859563253 TradeManager: cn1501818661
Read More2015 Chinese New Year holiday is start to February 13 http://www.factorymf.com/. Festival start time is February 25th . Happy Spring Festival About Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com webiste:www.factorymf.com M.P.0086-18859563253 TradeManager: cn1501818661
Read MoreChinese like clean house in new year http://www.factorymf.com/ , then Paste Spring Festival couplets or decorate something to beauty house.The office is no exception,look,we use National flag,clock and some decorations to decorate our office.It looks clean and beautiful that will make everyone have a good mood. All the wards,Happy new year. About Us: Company:Meifeng Factory Supply portable wardrobe,metal hanger,shoe rack and other home furniture products. E-mail:factorymf@fjmf888.com webiste:www.factorymf.com M.P.0086-18859563253 TradeManager: cn1501818661
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