China SMEs: 4.3 Million Taxpayers

People’s Daily reports:
China’s registered small- and medium-sized enterprises (SMEs) have exceeded 4.3 million and contributed to 58.5 percent of gross domestic production, according to the SMEs association.
The 4.3 million SMEs, more than 95 percent of which are privately owned, contributed to 50.2 percent the country’s total tax revenue, said China Association of Small and Medium [...]

1.3 Billion Customers are for Suckers

Shanghai Daily reports that Dell has found a local partner to implements its retail sales strategy:
Under the deal, announced yesterday, Dell computers will be marketed in 700 Gome Electrical Appliance stores within three to five months, 70 percent of the chain’s total outlets in China, according to Gome Vice President Wang Junzhou.
There’s a quote from [...]

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