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China Briefings

Reports on China issued by Samsung Economic Research Institute

China Business Intelligence No. 165

China Business Intelligence No. 165

Samsung Economic Research Institute Beijing Office

July 14, 2010

Download China Business Intelligence No. 165 PDF email Print

Highlights:

I. Economy

The carbon finance market has grown rapidly since the Kyoto Protocol went into effect in 2005 and the emissions credit market is highly promising. Advanced countries are already actively developing their markets. Meanwhile, China is lagging behind in this field due to the high cost and lack of technology. With enormous potential in this sector such as selling credits, and cooperating with advanced countries for its CDM projects, China can become the leader. For that, China needs to establish a carbon finance system considering the circumstances. Commercial banks can seek various ways in the field through its wide channels and generate profits.

II. Industry

IT and Internet companies have broken into the TV sector and developed smart TVs. In partnership with IT and white goods makers, Google released Google TV that combines the functions of the Internet and TV. Google TV consists of Google' s Android system, Intel' s Atom, Sony' s player equipment and Logitech' s wireless equipment. Local companies with their focus on Internet TV try to raise market competitiveness and brand recognition. Since 2009, a number of white goods makers have teamed up with their own contents platforms to promote Internet TV. The high prices of both Internet TV and smart TV act as a stumbling block to their becoming popular. Local companies' Internet TV prices are 10% to 20% higher than general TVs.

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