We all know that China is still a developing country, so you may be amazed if you hear the following facts: China has overtaken the U.S. to be the world’s second-largest luxury goods market [...]

If you think China is still a developing country, this piece of news is going to surprise you. China has overtaken the US to become the world’s second largest luxury market [...]

Short messages (SMS) sent by Chinese people in 2009 rose 8.4 percent year-on-year to 784.04 billion, or 2.1 billion per day on average, the Beijing Times reported recently citing a source with the Ministry of Industry and Information Technology [...]

The Business Insider recently published a bar graph comparing the internet activities of United States of users with those of Chinese users. While some activities, like pursuing an online education or watching online video (one in the same, really), were statistically similar between the two counties, other activities were far more common in one country than the other, revealing some fundamental differences in Chinese and American tendencies [...]

Results of a recent survey show that while Beijing and Guangdong residents have a reasonably high awareness of the issues surrounding intellectual property rights (IPR), the majority of their fellow countrymen know little about the question [...]

6 in every 10,000 people in China have a personal wealth of more than 10 million yuan ( nearly 1.5 million US dollars), shows the recently issued “Hurun Wealth Report 2009”. After the report came out, it immediately raised a lot of doubts among netizens: “Have Chinese people really become so rich?” [...]

Not a recent piece of news, but it would be interesting to see if the trend has been updated since then: a Chinese expert predicted 55 percent Chinese households will have a yearly income over 60,000 yuan (8,0407 U.S. dollars) by 2020, the Beijing Morning Post reported in Beijing [...]

Top Chinese legislator Wu Bangguo elaborated on the essential differences between the system of China’s people’s congresses and Western capitalist countries’ system of political power at the Second Session of the 11th National People’s Congress (NPC) recently. The essential differences are listed as following [...]

China Telecom, the country’s largest fixed-line operator, started trials of the third-generation (3G) mobile services in Shanghai recently, and plans to extend the same nationwide soon. Shanghai Telecom, China Telecom’s subsidiary, said it would invest 6 billion yuan (nearly 1 Billion US dollars) on various projects including the 2010 Shanghai Expo World, 3G-network construction, and enterprise services this year [...]

China Telecom has launched a nationwide “mobile phones to the countryside” program, the company announced recently.