Archive for the ‘China’ Category

Highlights from the World Bank’s Quarterly China Update

The recently published June 2010 China quarterly update by the World Bank discusses recent China’s recent growth and the economic outlook through 2020.

IT Solutions Provider NetSol Benefits from China’s Enterprise Software Boom

China is poised to become the world’s fastest-growing market for IT enterprise software, according to a March report from research firm Gartner. The report predicted that the market will increase at a compound annual growth rate of 14.6% between 2008 and 2013. The market is expected to reach $9.4 billion by 2013 and make up 30% of China’s total software sales and 3% of total worldwide software sales.

Sino’s Natural Gas Creating Better Quality of Life

The Energy Bureau of the National Development and Reform Commission (NDRC) predicts that natural gas will make up 6% of energy consumption in 2010 in China and 10% by 2020, compared to 3% in 2007. This is an industry with plenty of growth potential, as the evolving world is becoming more environmentally aware and realizing the potential health benefits of using natural gas rather than other fossil fuels. With its proprietary technology and experienced management, Sino Gas International Holdings (OTC BB: SGAS) is well-positioned to capitalize on the growing popularity of natural gas in China.