70 percent of China's enterprise revenue comes from existing, traditional products and services, 20 percent comes from improving those products and services, and just 10 percent is based on innovation, according to the results of a special item survey conducted by the National Statistics Bureau on October 22.

China Life Insurance, the biggest insurer on the Chinese mainland, has subscribed to shares worth more than 10 billion yuan in the Initial Public Offering (IPO) of the Industrial and Commercial Bank of China (ICBC), China's biggest lender.

China's bond market has developed rapidly over the past decade. Many new services have been launched including REPO and cash bond transactions, short-term financing bonds, asset-backed securities, Panda Bonds and more in the past ten years, said Liu Mingkang, director of Chinese Banking Regulatory Commission (CBRC).

The annual premium revenue across China in 2010 is predicted to double against 2005 figures and exceed 1000 billion yuan.

The Myanmar energy authorities are deliberating to reopen six onshore oil blocks in the northern part and the delta region to foreign companies for exploration, a local news journal reported Monday.

The Asian Chinese entrepreneurs summit was held in Singapore Sunday with 1,200 Chinese businessmen from Asia and beyond gathering to discuss how to contend with globalization.

Bangladesh has imported a machine to conduct antibiotic test on frozen fish and shrimps to maintain their quality up to global standard so as to increase foreign exchange earnings from the fisheries sector.

Switzerland is looking to boost its free trade accords with other countries following the collapse of world trade talks, the country's top economics official said on Sunday.

Myanmar has projected a foreign trade volume of 7 billion U.S. dollars in the current fiscal year of 2006-07 which began in April, a 25-percent increase from 2005- 06, said Monday's local weekly Myanmar Times pre-published on Sunday.

Taiwan registered an agricultural trade deficit of 4.53 billion U.S. dollars in the first nine months of this year, according to news reaching in Hong Kong from Taipei Sunday.