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China Consumer Behavior Economics

China, Socialism & Consumer Behavior: the world’s largest domestic tourism market

In 2007, China’s total tourism revenue reached 1,09 trillion yuan (over 148 million US dollars), exceeding one trillion yuan for the first time. China now has one of the largest tourism markets in the world, said Wang Zhifa, deputy director of Chinese National Tourism Administration.

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China Consumer Behavior Trend Watching

China, Socialism & Consumer Behavior: MP3 Player Sales Decreased 43.76% in the first half of 2008

According to the latest report of CCID Consulting, in the first half of 2008, China’s MP3 player market realized sales of about 2.5 million MP3 players and revenue of CNY1.223 billion (nearly 180 million US dollars), year-on-year decreases of 43.76% and 43.56%, respectively. Li Ying, a consultant from the consumer electronics industry research center of CCID Consulting, says that as the MP3 player markets in big Chinese cities are close to saturation, a negative growth began to appear in its sales in the first six months of 2008…

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China Consumer Behavior Trend Watching

Chinese People and Their Mobile Phones: users top 960 million

The number of phone users in China had exceeded 960 million as of July/2008, including over 600 million mobile phone users, the Chinese Ministry of Industry and Information Technology (MIIT) said on recently. Fixed-line subscribers dropped 10.6 million from January to July/2008, or a reduction of 1.35 million monthly, with the total at 355 million as of July/2008…

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China Consumer Behavior Information Technology

Chinese People and Their Mobile Phones: China Mobile Will Start Nationwide TD-SCDMA Commercial Trial In China

The Chinese Ministry of Industry and Information Technology (MIIT) has announced its approval on China Mobile’s (CHL) nationwide commercial trial network based on TD-SCDMA technology. A spokesman from China Mobile confirms that the group has already received the formal approval from the MIIT, but insists it does not mean a 3G license has been issued. The 3G licensing has been continuously delayed in China in the past few years, mainly because the TD-SCDMA technology is not mature…

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China Consumer Behavior

China, Socialism & Consumer Behavior: spending still strong and accelerating

The increase in China’s retail sales volume exceeded 20 percent year on year in the last eight months and is still accelerating, enough to sustain economic growth above 9.5 percent for the rest of the year, a HSBC report said. According to the report ‘China Economic Spotlight‘ released on recently, consumer spending has performed strongly despite the slowing economy, the disastrous earthquake and the cancellation of the May Day golden week…

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China Consumer Behavior

China, Socialism & Consumer Behavior: Coca-Cola most recognized Olympic Games sponsor

How time changes: the latest survey from Nielsen during the Beijing 2008 Olympic Games shows that among all the sponsors, the Coca-Cola Company had the highest consumer awareness, but only ranked third in advertising costs. According to statistics, the Coca-Cola supplied 25 million bottles of Coca-Cola daily to Beijing’s Olympic venues, exceeding the 20 million bottles in the Athens Games…

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: motor vehicles imports in the rise in the 1st half year/2008

China’s auto imports grew rapidly in the first half, as world auto giants turned to the Chinese market after the U.S. economic slump and rocketing oil prices drove sales down on U.S. and European markets, the Chinese General Administration of Customs said recently. From January to June, China bought 212,000 motor vehicles from abroad, up 53.2 percent from the same period of last year. The growth rate was 18.3 percentage points higher than the year-earlier level…

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China Consumer Behavior Economics Information Technology

Chinese People and Their Mobile Phones: sales predicted to grow 17.6% for whole 2008

China, the world’s largest cell phone exporter, is expected to maintain momentum in both production and marketing of mobile phones in the remaining of this year, CCID Consulting said recently. The company predicted that China would produce 605 million cell phones for the whole of 2008, a growth of 16.9 percent over last year, and sell 205 million at home, up 17.55 percent. The foreign sales would amount to 400 million units, up 16.79 percent…

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China Consumer Behavior Information Technology Innovation Trend Watching

Chinese People and Their Mobile Phones: Market Increases on a Large Scale, Driven by Demand

CCID Consulting, China’s leading research, consulting and IT outsourcing service provider, recently released its article on mobile phone market increasing in large scale. From data by CCID Consulting, the sales volume in China’s mobile market is 150 million units in 2007, which is 24.1% more than that of 2006. If black-market mobiles from smuggling, unregistered brands and other illegal products are counted, the number exceeded 200 million in 2007. The China mobile market has started development on a large scale driven by market demand and technology renovation

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China Consumer Behavior Economics Information Technology

Chinese People and Their Mobile Phones: Mobile phones fail to pick up sales

China’s mobile phone sales will be lower than expected after the May earthquake and a lack of state of the art applications depressed sales in the second quarter, a Beijing-based research firm said recently. CCID Consulting, a research group with the Chinese Ministry of Information Industry, cut its 2008 domestic handset sales forecast to 165 million units from 185 million units. ‘The handset market lacks innovations and the 3G market has only just started so many consumers have adopted a wait-and-see attitude,’ said Li Xuefang, a CCID analyst…