Tag Archives: revenue

Gaming in China: Sales of online gaming industry hit 4 billion US dollars in 2009

The pace of growth of China's online gaming industry slowed in 2009, growing 30.2 percent to 27.1 billion yuan ($3.97 billion) over the previous year, according to data from research firm iResearch [...]
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China, Technology & the Environment: per-unit energy consumption falls 3.35% in the first half of 2009

China's energy consumption to produce a unit of gross domestic product (GDP) dropped 3.35 percent year on year in the first half of 2009, the National Development and Reform Commission (NDRC) said in a statement recently. The decrease compared with 2.88 percent in the first half of last year [...]
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Gaming in China: Netease wins 3-year license for World of Warcraft

Chinese online game vendor Netease Inc announced that it has got the license to run Activision Blizzard Entertainment blockbuster video game World of Warcraft in China for the next three years [...]
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Living in China: “Thank you for Smoking”!

One out of every three cigarettes is lit in China, and respiratory disease is on the rise. Some are asking what the future of smoking will look like in China. US-China Today clears the haze [...]
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Gaming in China: Overseas revenue of Chinese online games exceeds 100 million USD

Statistics released by China's General Administration of Press and Publication show that the online games market in China realized actual sales of 18.38 billion yuan last year, up 76.6 percent from 2007. Moreover, it created 47.84 billion yuan in direct revenues for industries such as telecommunications and IT [...]
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Advertising in China: revenue reaches $27.78 bln US Dollars in 2008

China's advertisement sector generated 189.96 billion yuan (27.78 billion U.S. dollars) of revenue in 2008, up 9.11 percent over the previous year, China's State Administration for Industry and Commerce (SAIC) said recently. The revenue from TV commercials reached 50.15 billion yuan (over 7 billion US dollars), an increase of 13.22 percent over the previous year. It accounted for26.4 percent of the total, the largest share of the market [...]
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China’s software export hit $14.2 bln in 2008

China's software export soared 39 percent last year to 14.2 billion U.S. dollars from 2007, despite the international financial crisis, announced the Chinese Ministry of Industry and Information Technology (MIIT). The export included 1.59 billion dollars from outsourcing services, up 54.3 percent year on year. MIIT said the software industry maintained a rapid growth last year, with the business revenue increasing by 29.8 percent to 757.3 billion yuan (110.8 billion U.S. dollars). The growth rate was 8.3 percentage points higher than a year earlier...
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Architecture & Urban Planning in China: Shanghai to speed infrastructure investment, boost job rolls

Shanghai needs to push investment in infrastructure, expand domestic consumption and aid threatened enterprises as it strives to help its citizens and businesses survive the global economic downturn, Mayor Han Zheng said recently [...]
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China, Socialism & Consumer Behavior: luxury dresses takes up 32% of the total value of the Chinese luxury market

China's luxury market maintains a growth rate of 20%-30% annually, ranking first in the world. World Luxury Association said that China's luxury consumption in 2007 (jewelry, dress, leather goods, perfume, excluding private plane and yacht) reached US$8 billion, taking up 18% of the global total. In the luxury market, dress takes up 32% of the total value, perfume and cosmetics 23%, watch and jewelry 20%, ornaments and accessories 19%, home 3% and dinning table decorations 3%...
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