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Tag Archives: inflation
China, Technology and the Environment: Electricity bills to jump for Chinese industries
China announced a 5.7 percent increase in electricity prices for businesses and industries and said it will adjust residential tariffs early next year through a new pricing mechanism to promote energy savings [...]
Posted in China, economics, trends Also tagged analyst, Automobile, Automobile Industry, Bank of China, Cao Changqing, cement, China National Radio, CNY, electric power, electricity, energy , savings, Industry of China, International trade, Luo Weiwei, National Development and Reform Commission, Peng Jizhong, renewable energy, Shanghai, Shanghai Daily, steel, Tariff, United States, Wind power 3 Comments
Living in China: Chinese households to get annual income over 60,000 yuan
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 [...]
Posted in China, economics, trends Also tagged Beijing, Chinese People, Communist Party, Communist Party of China, Hu Jintao, Keynote, Living In China, Morning Post, National Bureau of Statistics, National Congress, poverty, Report, Statistics, Xinhua, Yuan Leave a comment
Living in China: Beijing ranked as most expensive city for expatriates
A recent survey by ECA International, a London-based human resources consultant, ranked Beijing as the 31st most expensive city for expatriates in the world, surpassing Hong Kong to become the most expensive city in China [...]
Posted in China, consumer behavior, trends Also tagged Africa, Angola, architect, Asia, Beijing, Europe, european union, Foreigner, google, Hong Kong, japan, Kobe, Living In China, Living In Shanghai, London, Nagoya, real estate, Russia, Shanghai, Tokyo, Yokohama, Yuan Leave a comment
China, Socialism & Consumer Behavior: auto prices to fall in Q4/2008 on slowing demand
Auto prices in China were expected to fall in the fourth quarter led by slowing demand, the price monitoring center under the Chinese National Development and Reform Commission (NDRC) said in a report on recently. Prices fell 2.09 percent in the first nine months due to excessive output and oversupply of new models in the second and third quarters, it said...
e-Commerce in China: dot-com economy grew over 60 percent year on year in the second quarter/2008
China's dot-com economy grew nearly 63 percent year on year in the second quarter, despite increasing inflation and the effects of the Sichuan earthquake, a Shanghai-based research firm reported recently. Revenue generated by China's online search, game and travel providers reached 13.32 billion yuan (US$1.94 billion) in the April-to-June period, iResearch said...
Posted in China, economics, trends Also tagged advertising, Alibaba, baidu, Beijing, Beijing Olympics, China Internet Network Information Center, disaster, e-commerce, eBay, entertainment, Game, google, internet, Internet population, Internet portals, Internet use, Internet Users, iResearch, japan, korea, location, mobile services, natural disaster, Network Information Center, Olympics, online advertising, online game, online games, online media, Report, revenue, Shanghai, Sichuan, Sina, Sohu, South Korea, telecommunications, United States, Yuan Leave a comment
Living in China: Inflation slows urban Chinese income growth
Urban Chinese saw their disposable income expand 3.4 percent in the first quarter of 2008, the lowest increase for the same period since 1997. The per-capita disposable income of the country's urban households rose 11.5 percent year on year in the first three months to 4,386 yuan (about US$ 626.6). However, after counting in inflation, the growth slowed to 3.4 percent, the National Bureau of Statistics (NBS) announced on recently...
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, consumer price index, economist, energy, food, food costs, food prices, google, 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, consumer price index, energy, food, food prices, google, Gross Domestic Product, 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, consumer price index, Dragon-boat Festival, Economic indicators, economist, energy, energy saving, Gross Domestic Product, healthcare, holiday travel, 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