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Tag Archives: consumer price index
Living in China: Inflation slows urban Chinese income growth
Urban Chinese saw their disposable income expand 3.4 percent in the first quarter of 2008, the lowest increase for the same period since 1997. The per-capita disposable income of the country's urban households rose 11.5 percent year on year in the first three months to 4,386 yuan (about US$ 626.6). However, after counting in inflation, the growth slowed to 3.4 percent, the National Bureau of Statistics (NBS) announced on recently...
Posted in China, economics, trends Also tagged Chinese Academy of Social Sciences, economics, food, inflation, Living In China, National Bureau of Statistics, Statistics, Urban Patterns, Urbanization, Yuan Leave a comment
Living in China: Cost of food drives up Consumer Price Index to 8.5%
China's consumer price index(CPI) rose 8.5 percent in April, mainly driven by uncurbed food costs, the National Bureau of Statistics(NBS) said recently. The figure, compared with 8.3 percent in March and a nearly 12-year-high of 8.7 percent in February, was broadly in line with most forecasts. The NBS attributed the figure to a low base of comparison: the CPI rose just 3 percent in April 2007. Another factor was the rapid increase in world grain and commodity prices...
Posted in China, consumer behavior, economics Also tagged central bank, economist, energy, food, food costs, food prices, google, inflation, Living In China, National Bureau of Statistics, oil, Paris, producer, Rural Area, Statistics, Xinhua, Yuan 1 Comment
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...
Posted in China, economics, trends Also tagged chemical industry, energy, food, food prices, google, Gross Domestic Product, inflation, Living In China, Living In Shanghai, Olympic, Paris, pollution, real estate, Shanghai, Shanghai Statistics Bureau, Statistics, steel, Yuan 1 Comment
2007 Retrospective: Top 10 Economy Events in China
The following is the 2007 Top 10 Economic Stories Selection from Economic Information Daily and Perfect China Co Ltd. The chief editors of 16 Beijing-based news organizations, including Zhu Ling, editor-in-chief of China Daily, as well as renowned local economists, put together this selection of the year's top stories. 1. Property The National People's Congress, China's top legislature, passed the Property Law of the People's Republic of China on March 16. The law granted equal protection to public and private properties for the first time...
Posted in China, economics, trends Also tagged Beijing, China Daily, Chinese State Council, Communist Party of China, Dragon-boat Festival, Economic indicators, economist, energy, energy saving, Gross Domestic Product, healthcare, holiday travel, inflation, medical insurance, Mid Autumn Festival, National Congress, People's Republic of China, Shanghai, Shenzhen, Standing Committee of the National People Leave a comment
China, Socialism & Consumer Behavior: Consumer spending helps boost Shanghai’s growth