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Embracing New Prospect with New Alliance
CHINAnUSA.com hosts Kunshan City's web site to further boost city development.


Fremont, California, August 28, 2000 - Kunshan City forms a strategic alliance with CHINAnUSA.com for its city web site hosting project. "This web site will mark a new chapter of Kunshan's leading role in the electronic and information technologies in China," said Mr. Ji Jianye, Mayor of Kunshan.

The electronics and information technology (IT) industries have been the fastest growing business in Kunshan, with an annual growth rate of more than 35% and a GDP of about 3500 USD (3 times more than the 1000 USD GDP required as the economy basis for IT industry initiation). To this date, there are more than 200 companies in electronics and information technology business in Kunshan, including those in Silicon Lake High-Tech Park, of which are mostly founded by foreign investors, with total investment exceeding 1.2 billion USD. The Kunshan City web site hosted by CHINAnUSA.com will certainly serve as a momentum to generate more interests from investors and businesses, pushing Kunshan City's economic prospect to its peak.

CHINAnUSA.com leverages its expertise in collecting and consolidating city information as exemplified in CHINAnUSA.com's proprietary Biz Travel Site. The Kunshan city web site will feature comprehensive details on business listings, financial and municipal projects, city government agencies, investment regulations, city introduction, and cultural background. Investors, businesses, and even general public can all log on to the web site and get in-depth understanding of Kunshan City.

Internet technologies are beginning to take on a New Economy effect on business scenarios in China, now comes the time for government entities. CHINAnUSA.com's web site design/hosting service, with minimal turn-around time, is tailored to expand organization communication and strengthen corporate image in the Internet Age.

About Kunshan City, China

Located in the Yangtzi Delta, Kunshan is abundant in natural resources with a long history. As the East Gate of Jiangsu Province, it has long been known as "the Land of Fish and Rice in Southern Jiangsu." The City covers an area of 921 square kilometers, with a population of 590,000. There are 19 towns under its jurisdiction. Kunshan Economic and Technological Development Zone and Kunshan Export Processing Free Zone, both of which were approved by the Central Government of China, are the most important precincts for opening-up to the world.

About CHINAnUSA.com

CHINAnUSA.com was founded in June 1999 under AskE Media, Inc. Headquartered in Fremont, California, the heart of Silicon Valley. CHINAnUSA.com facilitates an "evolving" international trade community by integrating online and offline services and solutions. CHINAnUSA.com's business model focuses on "connecting the supply and demand between China and USA". By providing a complete trading solution to the cross-border trade community between China and USA, we are simplifying the trading complexities. We strongly encourage partnership of all buyers and sellers working jointly to achieve significant reductions in the burdens and costs associated with inefficient trading practice. Information on CHINAnUSA.com and its services can be obtained at www.CHINAnUSA.com.

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Contact:
Bernardo Nakata
Marketing Specialist
Tel: 1-510-497-8787
E-mail: bernardo_nakata@CHINAnUSA.com
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