Categories
China Trend Watching

Design in China: DreamWorks Plans Studio in Shanghai

DreamWorks Animation, the US film company, has announced plans to build a $3.14 billion theme park in Shanghai, to bolster its presence in the booming local entertainment market […]

Categories
China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: 100 million Tourists Will Travel Outside China by 2020

WTO estimates that 100 million Chinese tourists will travel outside China by 2020; 4.6 million Chinese tourists are expected to visit Europe in 2012 […]

Categories
China Economics Trend Watching

Internet in China: Rural Internet usage reaches 18.5%

Although there are over 700 million Chinese people classified as living in rural areas, only about 125 million of them use the Internet. That’s a penetration rate of 18.5%*, far below the urban Chinese rate of 50% […]

Categories
China Information Technology Trend Watching

Internet in China: Chinese Social Media Use Surpasses U.S.

Social media isn’t just taking flight in the U.S. A recent research from Netpop examines the social networking environment in China and finds that 92% of the 243 million broadband consumers in China (224 million) ages 13+ contribute to social media. This is compared with only 76% of the American broadband population […]

Categories
China Consumer Behavior Economics Information Technology Trend Watching

Internet in China: users hit more than 500 million, growth reaching a plateau

The ‘report’ shows that as of the end of December 2011, the scale of Chinese netizens hit more than 500 million. The Internet penetration rate increased by 4% compared with 2010, and had shown a declined increasing rate compared with the increasing rate of 6% for each year since 2007. It deserves to pay additional attention that Chinese website amount sees rapid rising after completion of downtrend in the second half year of 2011 […]

Categories
China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Where the Chinese Millionaires and Super Rich Live

According to Hurun Research Institute, there are a total of 2.7 million dollar millionaires in China and those in Beijing, Guangdong and Shanghai combined represent almost half of total dollar millionaires (47.6%) […]

Categories
China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Watch “The Ka-Ching Dynasty” Documentary

Excellent documentary on China’s fuerdai (or “2nd generation rich”) by Journeyman Pictures […]

Categories
China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Swiss watches clocking up record sales in China

Chinese consumers are helping to boost the Swiss watch industry, with exports worth 19.3 billion Swiss francs (US$21.1 billion) last year, an industry report shows …

Categories
China Economics Trend Watching

Living in China: Cost of living hurts Shanghai’s ranking

Soaring living costs and high housing prices are negatively affecting how Shanghai residents feel about their quality of life, according to a nationwide economic survey released recently […]

Categories
China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Richer, but not happier

Studies are backing up some of the suspicions I (and many other people who live here): Rising incomes in China are failing to bring greater happiness to broad swathes of the population. Rising prices and growing income inequality appear to be undermining any expected gains, and may be sowing the seeds of social unrest [..]