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China's First Enterprise Credit Pre-warning System Unveiled In Zhejiang

China's first enterprise credit pre-warning system has been formally unveiled in Zhejiang Province by Zhejiang Provincial Administration for Industry and Commerce. The System reportedly includes 22...

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Alipay Launches Seller Credit Service With China Construction Bank

Chinese Internet auction users have a new service to help protect them from fraud as Alipay, China's largest independent and third-party payment platform, has announced the launch of a seller credit...

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Alibaba Launches Financing Platform For Online Businesses

Chinese e-commerce provider Alibaba has announced an initiative to launch an online platform to help small and medium enterprises in China solve their difficulties in receiving financing. Reportedly...

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Southern China B2C Credit Alliance Formally Established

Guangzhou-based Southern China B2C Credit Alliance was formally set up on May 18 with more than 10 websites as its first batch of members. According to Yang Zhifeng, joint founder and secretary general...

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China Merchants Bank Gains Outsourced Development Center

Offshore software development company VanceInfo Technologies Inc. will deploy an outsourced development center for China Merchants Bank. Chris Chen, CEO of VanceInfo, stated, "VanceInfo is committed to...

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China Development Bank USD15 Billion Credit Line For ZTE

Global telecom operators are under enormous pressure to develop next-generation telecom technologies, such as 3G, to meet market demands, but as a result of the global financial crisis, the majority of...

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Alipay Announces Launch Of E-commerce Credit System Imminent

According to Qiu Changheng, vice president of Alipay, China's first e-commerce credit system is expected to be launched by the end of 2009 and the system will fully cover small and medium-sized...

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China's Netease Initiates Credit Email Alliance

Netease, one of the major email service providers in China, has launched a credit email alliance and the alliance has been joined by many famous companies from the finance, the third-party payment,...

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China's Taobao.com Addresses Online Credit Padding

Chinese online auction website Taobao.com is calling on its 130 million users to join a campaign to fight against online credit speculation. Taobao.com is asking all its members to conduct a...

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New Chinese Wholesale Website Gets 6.39 Million Hits On First Day

The Chinese B2B e-commerce company Alibaba.com has announced that its new online wholesale website, 1688.com, was formally launched on March 9, 2010, and the wholesale traffic reached a whopping 6.39...

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