Archive for the 'finance' Category
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05.11.08
Investing in China: Most of world’s top companies invest in China
"Almost 480 of the Fortune 500 companies have invested in China during the past 30 years, said Du Ying, deputy minister in charge of China's National Development and Reform Commission. From 1978 to 2007, China's total use of foreign investment exceeded 760 billion U.S. dollars, the largest amount among developing countries and the second largest worldwide, said Du at a national economic conference recently..."  read on
posted in united states, finance, trade, china, socialism, trends, economics -
05.06.08
Living in China: Shanghai foreigner influx doubles in five years
"The number of expats living in Shanghai and those working in local foreign-invested enterprises almost doubled from 2002 to 2006, according to a Shanghai Federation of Trade Unions report released recently. Issued every five years, the report said there were a total of 119,876 expatriates living in the city in 2006, compared to 61,610 in 2002. The number of expats working in foreign-invested companies in the city increased from 40,076 to 76,873 over the same period..."  read on
posted in macao, taiwan, salary, finance, real estate, living, china, shanghai, trade, hong kong, trends -
04.13.08
Living in China: Shanghai GDP increases 13.3% in 2007
"Shanghai, the most powerful economic hub of China, achieved GDP of US$1.2 trillion in 2007, up 13.3% from a year earlier, marking a double-digit growth for 16 consecutive years, the Shanghai Statistics Bureau announced recently. The city's 2007 GDP per capita stood at US$8,594 in the local calculation method, said Pan Jianxin, director of Shanghai Bureau of Statistics. And in accordance with the international standards, the figure would hit US$8,949, said Pan..."  read on
posted in living, industry, market, finance, trade, shanghai, wealth, trends, china, economics -
03.15.08
Finance industry employees in China top salary rankings
"Employees in the financial sector earned much more than workers in other industries last year thanks to the lucrative financial market, an annual salary report has revealed. The report, released by leading human-resources service provider Zhaopin.com in Shanghai, was based on a survey of more than 1,000 companies across all sectors throughout the country last year. It found workers in the financial industry were paid an average salary of 4,987 yuan (US$694) per month. The figure is about 40 percent higher than the national average...."  read on
posted in research, industry, living, changsha, salary, finance, market, energy, shanghai, wealth, economics, consumer behavior, trends, china, information technology, media
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