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China, Socialism & Consumer Behavior: 4 million Chinese families own million dollar assets
The more than 4 million Chinese families with million dollar assets in 2008 will reach 7.8 million in 2013, according to a new report by Boston Consulting Group (BCG) published recently [...]
Posted in China, consumer behavior, economics, trends Also tagged Beijing, consumer behavior, Economic Development, Germany, Guangdong, Guangdong Province, income, Jiangsu, Liang Guoquan, Nouveau riche, Shandong, Shanghai, United Kingdom, United States, USD, Yangtze River Delta, Zhejiang 1 Comment
China Approves Disney Theme Park in Shanghai
After a courtship of about 20 years, the Walt Disney Company has won approval from the central government of China to build a Disneyland-style theme park in Shanghai, Robert A. Iger, Disney’s chief executive, said recently [...]
Posted in China, consumer behavior, economics Also tagged Anaheim, California, Chinese Government, Disney, Disneyland Park, entertainment, Florida, Magic Kingdom, Paris, Pudong, real estate, Shanghai, Tokyo, tourism, United States, USD, Walt Disney Company, Walt Disney World Resort 1 Comment
Intellectual Property: IPR threatens China’s new energy sector
Stimulated by governments' supporting policies, a large number of Chinese firms have turned to new energy and related industries. Over 10 large scale new energy bases have been established. However, experts say that China's emerging new energy sector may face a lack of core technology crisis [...]
Posted in China, economics, innovation Also tagged Chinese Government, electric power, energy, energy consumption, energy industry, Energy policy, energy resources, energy sector, energy use, environment, intellectual property law, Intellectual Property Rights, Manufacturing Industry, Patents, renewable energy, technology transfer, Wind power, Wind turbine Leave a comment
Gaming in China: online gaming exports exceeded 70 million US Dollars in 2008
In 2008, over 30 types of China's online games were exported to overseas markets, which covered over 20 countries and regions such as North America, Europe, Japan and Southeast Asia. The total value of online gaming exports reached 71.78 million USD, an increase of 30.5 percent year-on-year. Revenue from overseas markets has become a new profit growth point for China's online gaming enterprises, according to the Chinese Ministry of Culture [...]
Posted in China, economics, software, trends Also tagged Africa, Europe, Game Developers, Gaming Culture, Kingsoft, korea, Ministry of Culture, North America, online game market, online games, online gaming, online gaming industry, Perfect World Company, Shanda, South Korea, Southeast Asia Leave a comment
China, Socialism & Consumer Behavior: boost spending to save economy?
The Chinese government is asking its people to spend a little more and save a little less to help get the country through the global economic downturn [...]
China, Socialism & Consumer Behavior: Beijing tops the Chinese Nouveau Riche list
Recently the Hurun Research Institute published the 2009 Chinese Nouveau Riche Consumption Standard Report on the new rich in six cities: Beijing, Shanghai, Hangzhou, Shenzhen, Chengdu, and Shenyang; and the winner is: [...]
Posted in China, consumer behavior, economics, trends Also tagged bank, Beijing, Chengdu, entertainment, France, Hangzhou, holiday travel, Hurun, Italy, Kyoto, Liaoning, Luxury Items, luxury products, Macau, Nouveau riche, Shanghai, Shenyang, Shenzhen, Sichuan, Spring Festival, Tokyo, United States, Yuan, Zhejiang 4 Comments
Internet in China: more than 88 million broadband users
Statistics released by the US broadband Industry Organization Broadband Forum on June 16 showed that in the first quarter this year, the total number of broadband subscribers worldwide reached 430 million. China continues to maintain its top position with 88.08 million users, followed by the US and Japan which take second and third place respectively [...]
China, Socialism & Consumer Behavior: the world’s biggest automobile maker and market
In 2009, driven by the stimulus package for auto consumption by Chinese government, China's auto sales increased by 18 percent and China became the world's largest auto producer with the world's largest auto market [...]
Posted in China, consumer behavior, economics Also tagged Automobile Industry, Automobile market, automobile producer, Brazil, Britain, canada, car sales, Chinese Government, economics, Financial Crisis, France, Germany, Russia, Spain, United Kingdom, United States Leave a comment
Living in China: Beijing, Shanghai and Hong Kong among most expensive cities in Asia
Ranking behind four cities - Tokyo, Nagoya, Yokohama and Kobe - Beijing, Shanghai and Hong Kong have become some of the most expensive cities in Asia, according to the latest survey conducted by internationally renowned human resources service provider ECA International.
Posted in China, economics, trends Also tagged Asia, Beijing, dairy products, ECA International, Electronic products, Europe, Financial Crisis, food costs, food prices, Hong Kong, Kobe, Living In China, Living In Shanghai, Nagoya, oil, Shanghai, Tokyo, United States, Wen Wei Po, Yokohama 1 Comment

China, Socialism & Consumer Behavior: U.S. destinations target affluent Chinese tourists