I wish I had done my homework earlier and had read this post. It would have saved me some trouble. I just left New Times International right before Christmas 2009.
What a bad mistake I made working for them. This is not a school but rather an ESL teacher recruiter. You're much better off working for the schools or University's directly.
Also expect to get deductions for "utilities" which can end up reducing your pay to 4000 Rmb. Add in extensive travel to various schools in a 200 mile radius and all paid for by .....you. Still, bus fares are cheap in Chengdu but it can add up if you're bouncing from school to school on a daily basis. And the time consumed by traveling all over a 200 mile radius can turn a 25 hour workweek into 40. Expect to get cheated on overtime hours if you agree to work them.

The contract is for 4500 RMB. per month. But the contract states 25 working hours per week. Many months consist of 5 weeks right? 25 X 5 = 125 hours. 4000 RMB divided by 125 hours = 32 RMB per working hour. The year end travel bonus of 6000 RMB for flying back home, is one of the lowest compensations in all of China. It doesn't come close to paying for the airfare if you come from Canada, the Unites States, or Latin America.
The owner will make you lots of promises before hiring you but when they never come to fruition, she'll deny ever making them.
Some of the foreign teachers working for New Times are good educators but many have been scrapped from the bottom of the barrel. Either way, it's not a good resume enhancement to work for New Times International Training Center in Chengdu. The post from whomever said it's total "Monkey work" was precisely correct. LOL I guess that makes me a monkey's uncle. Lesson learned.
If you're a competant ESL teacher and care about education, New Times International Training Center in Chengdu should be avoided at all costs.