BUFFALO, WY - February 7, 2014 - New China Global Inc. (the "Company") (OTC Pink: NCGI) is pleased to announce the company continues towards additional revenue streams within our translation services branch. The Company is in talks with several high profile Universities in China to build a partnership with students and alumni. According to a recent Gigaom article, Global Translation Services are a $30B industry.
With over 2000 Universities and 31 million students enrolled in higher education, Chinese Universities are a substantial target market. President of New China Global Inc., Mr. Shane Oei stated, "New China Global Inc. will focus on continuing to build relationships with Universities Globally as part our Corporate Strategic Plan. We believe the developing world represents an untapped market with potential for massive growth due to economies of scale."
China has a 7.8% GDP Growth Rate, and a population of 1.351 Billion people. The translation and professional services we offer will enable students and professionals to compete in today's global market place. New China Global Inc. has also begun strategic negotiations with a global translation service with the intent of developing an exclusive eCommerce partnership.
ABOUT NEW CHINA GLOBAL INC. We offer a wide variety of services from academic research papers and dissertations to professional development or translation services. Our teams of University graduates specialize in an array of topics and academic research levels to suit the needs of clients in a myriad of languages.
Darrow, Barb.Gigaom http://gigaom.com/2012/03/12/startup-cloudwords-attacks-30b-translation-market/
FORWARD LOOKING STATEMENT This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control and actual results may differ materially from the expected results. The Company does not expect to update forward-looking statements continually as conditions change. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's quarterly filings with the SEC and other periodic filings. No Exchange has either approved or disapproved of the information contained herein.
CONTACT: New China Global Inc. firstname.lastname@example.org
SOURCE: New China Global, Inc.