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CEO's Corporate Report The NWTMT business strategy is based on providing profit generating services and applications to the Greater China and the Asia Pacific region TMT arena. TMT is a fast growing industry that is heavily influenced by the trend to convergence of telemedia services and the merge of voice, IP and multimedia applications. The convergence of fixed-line network and Internet, as well as services related to IP, multimedia and data create exciting business opportunities. As the TMT business management arm of New World Group, NWTMT is more than able to capitalize on our long and abundant experience in the Mainland China marketplace. NWTMT pursues the following strategies in our business undertaking: Regional Play, China Focus: Derive first mover benefits by bringing regional advanced technology and innovative concepts of the Asia Pacific region to China. Media Mix: Create a compelling mix of media interests with technology- enabled advertising and traditional advertising to build a leading market position as an integrated telemedia company. Reinforce Synergy with New World Group(NWG): Capitalize on the NWG business network and expertise in the Greater China to achieve better business synergy. Strengthen Portfolio Companies: Integrate and streamline portfolio companies to create synergies and improve efficiency to maximize financial performance. New Capital and Growth: Bring capital and revenue growth to NWTMT interests through creative financing, joint ventures and strategic alliances.
TMT Market Prospects Telecommunication China's telecommunication sector has been continuously witnessing significant development over the recent years. The 1 billion mobile subscribers represent a modest penetration rate of less than 80%, with considerable proportion of consumers in rural regions still untapped. Large scale 4G LTE trials continued in China even though 3G deployments still have to reach critical mass. All three mobile operators in China have also committed to broadening the 4G infrastructure, and the telecommunication equipment manufacturers can expect to benefit from the 4G investment in next couple of years. The rapid growth of telecommunication industry in China provides tremendous business opportunities for all the market participants. Media An increasing disposable consumer income, the evolving preference of customers and the convergence of networks, devices and content have fuelled growth in the Chinese media market. Chinese TV drama sales are expected to rise to RMB 11.2 billion in 2013, up 12% from RMB10.0 billion in 2012. China is currently the second-largest movie market in the world after the United States, and is expected to surpass the U.S. box office by 2020. As China's economy continues to grow, corporate marketing and advertising expenditures will increase further. China would also show a rapid growth in internet advertising in the coming five years with a compound annual growth rate of 32 per cent, reaching USD31.6 billion in 2016. China's advertising spending per capita remains low relative to many developed countries. This indicates the potential growth of China's media industry is still huge. Technology China will continue to expand its economy, but its growth would more aim to be based upon technology innovation and productivity improvement rather than low-cost labor. China is at the forefront of technology development, strongly supported by all levels of government. Amongst these initiatives are Cloud Computing and Smart Grid deployments and the building of Smart Cities that support the government's targets set out in the 12th Five Year Plan. For companies seeking to invest in or sell their products in China, some of the best opportunities will be found in areas such as information technology, clean-energy technology and biotechnology. China's continuous transformation from an export-led to a domestic consumption driven economy is expected to create more opportunities for the overall TMT industry. Despite all the advancements, there are still huge untapped potential TMT markets for companies like New World TMT to further develop. China's 12th Five Year Plan The Chinese Government has announced part of its 12th Five Year Plan to reinvigorate growth by pledging greater support for seven strategic emerging industries. In 2012, China's Cabinet approved plans to promote development of seven emerging industries include next-generation information technology, energy conservation and environment protection, biology, high-end equipment manufacturing, new materials, new energy and new-energy cars. The plan aims to boost the innovation capability of these industries, improve the environment for innovation and starting businesses and strengthen their positions in labor market. The measure also includes higher fiscal expenditure to easier bank credit and other financing. China's Cabinet forecasts the new strategic industries will maintain an average growth rate of more than 20 percent during the 2011-2015 period. China want these new industries–which currently account for 3 percent of GDP contributions – to generate 8 percent of GDP by 2015 and 15 percent by 2020. NWTMT will continue to grasp the opportunities in the TMT areas of these seven strategic emerging industries and focus on profit generating service and applications in the Greater China TMT arena. Corporate Development The commercialization and development of a range of new services and technologies is central to an improved performance of NWTMT. The roll-out of services and applications should be enhanced by a steady growth in the underlying Mainland economy, though forecasts call for slower expansion due to the possibility of a global economic downturn. The past rate of expansion will be hard to match, but all TMT markets are expected to increase in size over the coming period. While more players will compete for market share, Hong Kong and global investors like NWTMT will benefit from liberalization policies in the telecom and media sectors. Wong Chi-Chiu, Albert Chief Executive Officer
 Sitemap  Copyright © 2020 NWTMT
A A A
CEO's Corporate Report The NWTMT business strategy is based on providing profit generating services and applications to the Greater China and the Asia Pacific region TMT arena. TMT is a fast growing industry that is heavily influenced by the trend to convergence of telemedia services and the merge of voice, IP and multimedia applications. The convergence of fixed-line network and Internet, as well as services related to IP, multimedia and data create exciting business opportunities. As the TMT business management arm of New World Group, NWTMT is more than able to capitalize on our long and abundant experience in the Mainland China marketplace. NWTMT pursues the following strategies in our business undertaking: Regional Play, China Focus: Derive first mover benefits by bringing regional advanced technology and innovative concepts of the Asia Pacific region to China. Media Mix: Create a compelling mix of media interests with technology- enabled advertising and traditional advertising to build a leading market position as an integrated telemedia company. Reinforce Synergy with New World Group(NWG): Capitalize on the NWG business network and expertise in the Greater China to achieve better business synergy. Strengthen Portfolio Companies: Integrate and streamline portfolio companies to create synergies and improve efficiency to maximize financial performance. New Capital and Growth: Bring capital and revenue growth to NWTMT interests through creative financing, joint ventures and strategic alliances.
TMT Market Prospects
Corporate Development Telecommunication China's telecommunication sector has been continuously witnessing significant development over the recent years. The 1 billion mobile subscribers represent a modest penetration rate of less than 80%, with considerable proportion of consumers in rural regions still untapped. Large scale 4G LTE trials continued in China even though 3G deployments still have to reach critical mass. All three mobile operators in China have also committed to broadening the 4G infrastructure, and the telecommunication equipment manufacturers can expect to benefit from the 4G investment in next couple of years. The rapid growth of telecommunication industry in China provides tremendous business opportunities for all the market participants. Media An increasing disposable consumer income, the evolving preference of customers and the convergence of networks, devices and content have fuelled growth in the Chinese media market. Chinese TV drama sales are expected to rise to RMB 11.2 billion in 2013, up 12% from RMB10.0 billion in 2012. China is currently the second-largest movie market in the world after the United States, and is expected to surpass the U.S. box office by 2020. As China's economy continues to grow, corporate marketing and advertising expenditures will increase further. China would also show a rapid growth in internet advertising in the coming five years with a compound annual growth rate of 32 per cent, reaching USD31.6 billion in 2016. China's advertising spending per capita remains low relative to many developed countries. This indicates the potential growth of China's media industry is still huge. Technology China will continue to expand its economy, but its growth would more aim to be based upon technology innovation and productivity improvement rather than low-cost labor. China is at the forefront of technology development, strongly supported by all levels of government. Amongst these initiatives are Cloud Computing and Smart Grid deployments and the building of Smart Cities that support the government's targets set out in the 12th Five Year Plan. For companies seeking to invest in or sell their products in China, some of the best opportunities will be found in areas such as information technology, clean-energy technology and biotechnology. China's continuous transformation from an export-led to a domestic consumption driven economy is expected to create more opportunities for the overall TMT industry. Despite all the advancements, there are still huge untapped potential TMT markets for companies like New World TMT to further develop. China's 12th Five Year Plan The Chinese Government has announced part of its 12th Five Year Plan to reinvigorate growth by pledging greater support for seven strategic emerging industries. In 2012, China's Cabinet approved plans to promote development of seven emerging industries include next-generation information technology, energy conservation and environment protection, biology, high-end equipment manufacturing, new materials, new energy and new-energy cars. The plan aims to boost the innovation capability of these industries, improve the environment for innovation and starting businesses and strengthen their positions in labor market. The measure also includes higher fiscal expenditure to easier bank credit and other financing. China's Cabinet forecasts the new strategic industries will maintain an average growth rate of more than 20 percent during the 2011-2015 period. China want these new industries–which currently account for 3 percent of GDP contributions – to generate 8 percent of GDP by 2015 and 15 percent by 2020. NWTMT will continue to grasp the opportunities in the TMT areas of these seven strategic emerging industries and focus on profit generating service and applications in the Greater China TMT arena.
The commercialization and development of a range of new services and technologies is central to an improved performance of NWTMT. The roll-out of services and applications should be enhanced by a steady growth in the underlying Mainland economy, though forecasts call for slower expansion due to the possibility of a global economic downturn. The past rate of expansion will be hard to match, but all TMT markets are expected to increase in size over the coming period. While more players will compete for market share, Hong Kong and global investors like NWTMT will benefit from liberalization policies in the telecom and media sectors. Wong Chi-Chiu, Albert Chief Executive Officer
 Sitemap  Copyright © 2020 NWTMT
 Sitemap  Copyright © 2020 NWTMT
A A A
CEO's Corporate Report The NWTMT business strategy is based on providing profit generating services and applications to the Greater China and the Asia Pacific region TMT arena. TMT is a fast growing industry that is heavily influenced by the trend to convergence of telemedia services and the merge of voice, IP and multimedia applications. The convergence of fixed-line network and Internet, as well as services related to IP, multimedia and data create exciting business opportunities. As the TMT business management arm of New World Group, NWTMT is more than able to capitalize on our long and abundant experience in the Mainland China marketplace. NWTMT pursues the following strategies in our business undertaking: Regional Play, China Focus: Derive first mover benefits by bringing regional advanced technology and innovative concepts of the Asia Pacific region to China. Media Mix: Create a compelling mix of media interests with technology- enabled advertising and traditional advertising to build a leading market position as an integrated telemedia company. Reinforce Synergy with New World Group(NWG): Capitalize on the NWG business network and expertise in the Greater China to achieve better business synergy. Strengthen Portfolio Companies: Integrate and streamline portfolio companies to create synergies and improve efficiency to maximize financial performance. New Capital and Growth: Bring capital and revenue growth to NWTMT interests through creative financing, joint ventures and strategic alliances.
TMT Market Prospects Telecommunication China's telecommunication sector has been continuously witnessing significant development over the recent years. The 1 billion mobile subscribers represent a modest penetration rate of less than 80%, with considerable proportion of consumers in rural regions still untapped. Large scale 4G LTE trials continued in China even though 3G deployments still have to reach critical mass. All three mobile operators in China have also committed to broadening the 4G infrastructure, and the telecommunication equipment manufacturers can expect to benefit from the 4G investment in next couple of years. The rapid growth of telecommunication industry in China provides tremendous business opportunities for all the market participants. Media An increasing disposable consumer income, the evolving preference of customers and the convergence of networks, devices and content have fuelled growth in the Chinese media market. Chinese TV drama sales are expected to rise to RMB 11.2 billion in 2013, up 12% from RMB10.0 billion in 2012. China is currently the second-largest movie market in the world after the United States, and is expected to surpass the U.S. box office by 2020. As China's economy continues to grow, corporate marketing and advertising expenditures will increase further. China would also show a rapid growth in internet advertising in the coming five years with a compound annual growth rate of 32 per cent, reaching USD31.6 billion in 2016. China's advertising spending per capita remains low relative to many developed countries. This indicates the potential growth of China's media industry is still huge. Technology China will continue to expand its economy, but its growth would more aim to be based upon technology innovation and productivity improvement rather than low-cost labor. China is at the forefront of technology development, strongly supported by all levels of government. Amongst these initiatives are Cloud Computing and Smart Grid deployments and the building of Smart Cities that support the government's targets set out in the 12th Five Year Plan. For companies seeking to invest in or sell their products in China, some of the best opportunities will be found in areas such as information technology, clean-energy technology and biotechnology. China's continuous transformation from an export-led to a domestic consumption driven economy is expected to create more opportunities for the overall TMT industry. Despite all the advancements, there are still huge untapped potential TMT markets for companies like New World TMT to further develop. China's 12th Five Year Plan The Chinese Government has announced part of its 12th Five Year Plan to reinvigorate growth by pledging greater support for seven strategic emerging industries. In 2012, China's Cabinet approved plans to promote development of seven emerging industries include next-generation information technology, energy conservation and environment protection, biology, high-end equipment manufacturing, new materials, new energy and new-energy cars. The plan aims to boost the innovation capability of these industries, improve the environment for innovation and starting businesses and strengthen their positions in labor market. The measure also includes higher fiscal expenditure to easier bank credit and other financing. China's Cabinet forecasts the new strategic industries will maintain an average growth rate of more than 20 percent during the 2011-2015 period. China want these new industries–which currently account for 3 percent of GDP contributions – to generate 8 percent of GDP by 2015 and 15 percent by 2020. NWTMT will continue to grasp the opportunities in the TMT areas of these seven strategic emerging industries and focus on profit generating service and applications in the Greater China TMT arena. Corporate Development The commercialization and development of a range of new services and technologies is central to an improved performance of NWTMT. The roll-out of services and applications should be enhanced by a steady growth in the underlying Mainland economy, though forecasts call for slower expansion due to the possibility of a global economic downturn. The past rate of expansion will be hard to match, but all TMT markets are expected to increase in size over the coming period. While more players will compete for market share, Hong Kong and global investors like NWTMT will benefit from liberalization policies in the telecom and media sectors. Wong Chi-Chiu, Albert Chief Executive Officer