Jul 09

China Watch Blog presents Michael Bluejay’s “Top 16 SEO Myths” in a four part series, which the Master describes as “Things you ‘know’ which aren’t so.

Question 1. Do I have to submit my site to a search engine for it to get listed?

FACT: Submission is unnecessary. A search engine will always find your site as long as some other site links to it. I never submit my sites to the search engines.

Q 2. Do I have to periodically re-submit my site to the search engines.

FACT: Resubmission is unnecessary. Once a site is in a search engine, it’s in for good (unless it resorts to trickery and gets banned). There is zero reason to keep submitting a site to a search engine. Resubmission is a waste of time. Anyone selling a resubmission service is a con artist.

Q 3. Does having Meta tags help my rankings.

FACT: META tags don’t affect your rankings. The search engines ignore META keyword and description tags for ranking purposes, for an obvious reason: Taking the webmasters’ word for what their site should rank well for would be a pretty stupid way for the engines to rank pages.

Q 4. Should I focus on getting great rankings rather than making sure my visitors become customers. After all, it’s not how many sales I make, it’s how many people walk through the door – or maybe even just how many people just see the door without walking in.

FACT: Ranking isn’t everything. Many webmasters are so focused on ranking that they forget the obvious: A good ranking doesn’t always mean more visitors, and more visitors doesn’t always mean more sales.

The reason a good ranking doesn’t always equal more visitors is that people won’t click onto your website just because they see it listed in the SERPs. A person who typed a query is looking for something. When they get the ten results they don’t just click them blindly, but rather they read the titles and snippets to see whether they think the site will provide what they’re looking for. If they think it doesn’t then they won’t click, even if you’re ranked #1. So it’s especially important to make sure your TITLE reads like a good AD, by succinctly telling potential visitors what you offer. For the snippet, I recommend Jill Whalen’s article on getting a good snippet.

Conversion rate — The ratio of visitors who take the action you want, to the total number of visitors.
Even when you get visitors to your site, it’s not a given that they’ll buy your product, sign up for your newsletter, or take whatever action you wanted them to take. To make your conversion rate as high as possible your page must load quickly, look professional, be extremely clear about what it is you offer and what the visitor’s next step should be, and provide some important information (such as sample products and pricing) right on the landing page, with no clicking required. Most webmasters’ time would be better spent focusing on their conversion rate rather than their rankings. After all, a 2% increase in conversion is twice as good as a 1% increase in traffic.

Finally, a top ranking on a highly-trafficked search term may be no better than decent rankings on a wide array of less popular terms. Success is not always measured by how high you get for one particular term.

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Jul 09

China Watch Blog has learnt that China may rein in plans to invest heavily in seven new strategic industries, including high-speed rail and wind power, particularly those industries suffering from old-fashioned problems such as corruption and overcapacity.

High speed rail

The central government originally planned to invest up to US$1.5 trillion over the next five years in the seven sectors, hoping they would grow into a pillar of economic growth and help shift the world’s second largest economy away from one centered on manufacturing cheap goods, the Shanghai Daily reported.

The size of the retrenchment is still under deliberation. While high rates of fixed-asset investment have helped maintain strong growth, some economists, such as Nouriel Roubini, have argued that China’s current levels of investment are unsustainable.

These days, China is more concerned about taming inflation and managing debts piled up by local and provincial governments that the country’s state auditor estimates at 10.7 trillion yuan (US$1.65 trillion).

The strategic industries cover high-end equipment manufacturing, alternative energy, biotechnology, new generation information technology, alternative fuel cars and energy-saving and environmentally friendly technologies.

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Jul 09

China Watch Blog has learnt that financial support for China’s small and medium-sized enterprises (SMEs) is on the increase.

The China Securities Journal reported, citing a senior of the central bank, that the balance of loans to SMEs was 19.79 trillion yuan ($3.1 trillion) as of the end of May, up 18.7 percent year-on-year.

Sheng Songcheng, the head of the Statistics and Analysis Department of the People’s Bank of China, was quoted as saying in a China Daily report that the growth rate is 8.4 percentage points higher than that of large enterprises.

The growth rate is also 5.2 percentage points higher than that before the financial crisis in 2008.

Loans to SMEs account for the majority of bank lendings to enterprises, accounting for 59.8 percent of the total. The portion rose 1.8 percentage points year-on-year, and was 19.6 percentage points higher than that of large enterprises. It is also 3.5 percentage points higher than the year-end level of 2008, said Sheng.

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