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China Innovation

Intellectual Property: “China to strengthen protection of intellectual property rights”, says Wen Jiabao

Chinese Premier Wen Jiabao said recently that the Chinese government would increase efforts to protect intellectual property rights (IPR). Wen was speaking in a meeting with Francis Gurry, director-general of the World Intellectual Property Organization (WIPO) […]

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China Economics

Wenchuan Earthquake: China races against time as death toll nears 10,000

Rescuers are racing against time to reach survivors a day after the strongest quake that hit China in more than three decades jolted the southwestern province of Sichuan. The country was immersed in immense grief as the death toll rose to nearly 10,000. China’s English-language newspaper China Daily silhouetted the front page in black to mourn the victims. The headline reads: ‘The Day the Earth Moved.’ Chinese Premier Wen Jiabao, who flew to Sichuan Monday evening, urged ‘calm, confidence and courage‘ in face of the catastrophe. Wenchuan County, the epicenter of the earthquake at western Sichuan province, has reported 57 confirmed deaths, and about 60,000 locals were still out of reach…

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Chinese premier stresses expansion of domestic consumption

Chinese Premier Wen Jiabao stressed the importance of promoting domestic consumption and independent research and development during a three-day inspection tour of the central Hunan Province, which ended recently […]

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China Consumer Behavior Economics

China, Socialism & Consumer Behavior: looks to its own consumers

China is rebalancing its economy to focus more on domestic consumption than exports in order to achieve its growth target, Chinese Premier Wen Jiabao has said. Addressing an Asian regional forum in southern China, he announced a $10bn (over 1.5 billion US dollars) fund for infrastructure projects in south-east Asia […]

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China

Living in China: Cabinet passes new medical reform plan

The Chinese State Council, or Cabinet, passed a long awaited medical reform plan which promised to spend 850 billion yuan (123 billion U.S. dollars) by 2011 to provide universal medical service to the country’s 1.3 billion population. The plan was studied and passed at a recent executive meeting of the Chinese State Council chaired by The Chinese premier Wen Jiabao, and has been deliberated by authorities since 2006…

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China Innovation

China, Technology, Innovation and the Environment: Energy consuming industries developing too fast

Industries with high energy consumption and emissions are developing too fast in China, along with the quick economic growth, the Chinese State Council, or Cabinet, warned on recently. The traditional industry structure remained unchanged, while the service sector and high-tech manufacturing weighting fell in the national economy, State Councilors heard at a meeting focusing on energy saving and emission reduction, chaired by Chinese Premier Wen Jiabao […]

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China Economics

Disaster prevails as relief effort beefed up

Weather conditions in southern China will remain severe and relief work difficult, Chinese leaders warned yesterday as the country battles with the worst snowfalls in decades. The warning came after a meeting chaired by Chinese President Hu Jintao to study the relief effort. Chinese Premier Wen Jiabao has just concluded his second visit in a week to central Hunan Province, the region worst hit.

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China Consumer Behavior Trend Watching

China, Socialism & Consumer Behavior: Rising cost of luxury goods slows to 2009 level

Price increases for luxury goods and services in China this year are at their slowest level since 2009 but continue to outpace inflation, according to a report by the Hurun Research Institute. China’s Luxury Consumer Price Index, which measures price changes in 62 luxury items, rose 4.94 percent in June from a year earlier, 2.79 […]

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China Economics Trend Watching

China, Technology and the Environment: more energy efficient in 2010

China’s energy efficiency improved by a bigger margin in 2010 partly because local governments shut down some industrial capacity to meet year-end targets […]

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China Information Technology Innovation Trend Watching

Internet in China: savvy China plugs into future

The idea of a world where even everyday objects, such as books and air-conditioners, are plugged into an Internet network seems like a scenario from a science-fiction movie. China is tapping into such a world […]