BIZCHINA / Overseas Investment |
UK ad men here in Shanghai(Shanghai Daily)Updated: 2006-11-21 14:36
United Kingdom-based advertising agency Bartle Bogle Hegarty opened its sixth world office in Shanghai yesterday, the first agency to be awarded a license to operate independently in China under the country's commitment to the World Trade Organization. China's advertising market has been growing around 15 percent a year and has reached 244 billion yuan (US$30.5 billion), spurred by increasing spending by 1.3 billion consumers. BBH, which posted US$1.5 billion in revenue last year, said it is in talks with two Chinese news media companies for help in producing ads. (For more biz stories, please visit Industry Updates) |
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