(August 15, 2008) – Traveldaily (www.traveldaily.cn), China’s leading online publisher with emphasis on the distribution, marketing and technology trends in the travel and tourism industries, today announced that it has signed a sponsorship agreement with PayPal China for Traveldaily 2008 China Travel Distribution & Tech. Summit. Any eTurboNews users can get a special discount of 10% when they book this event by claiming the discount code of “eturbonews.”

The sponsorship package provides PayPal China with the opportunity to present its high-level credentials and quality standard at China Travel Distribution & Technology Summit. As the sponsor, PayPal China will be actively involved in various marketing and PR campaigns of this summit. Ms. Zhou Xin, business development director of PayPal China, will make a presentation in the payment session of this summit.

“We are proud to have PayPal China to sponsor 2008 China Travel Distribution & Technology Summit,” said Eva He, marketing director of Traveldaily. “As the world’s leading online payment provider, PayPal’s involvement will bring significant value to this summit and our fellow attendees. By working together with them, we are striving to make this conference a great success.”

Vivian, PayPal China Marketing Director, said, “We are pleased to sponsor one of the most high-profile events of the travel industry in China. This will increase PayPal’s visibility in China. China will become the No.1 tourist destination in the world by 2015, and PayPal is helping Chinese travel service providers leverage PayPal’s huge user base worldwide to tackle the booming inbound travel opportunities brought up by the Beijing Olympics and Shanghai Expo.”

The 2008 China Travel Distribution &T echnology Summit will be held at the InterContinental Pudong Hotel, Shanghai. The China International Travel Mart (CITM), one of the largest travel trade shows in Southeast Asia, will also convene from November 20 to November 23 at Shanghai New International Expo Center.

To get more information about this summit, please visit the event website.

About Traveldaily

Traveldaily is China’s leading online publisher with emphasis on distribution, marketing and technology trends in the travel and tourism industries.
With our China focus, our up-to-minute news and feature stories combined with the in-depth analysis by leading industry experts will keep you up-to-date with the latest trends in the industry. www.traveldaily.cn

About PayPal

PayPal is the safer, easier way to pay and get paid online. The service allows anyone to pay in any way they prefer, including through credit cards, bank accounts, buyer credit or account balances, without sharing financial information.

PayPal has quickly become a global leader in online payment solutions with more than 164 million accounts worldwide. Available in 190 markets and 17 currencies around the world, PayPal enables global ecommerce by making payments possible across different locations, currencies, and languages. www.paypal.com