Forbes China released the 2009 China Celebrity List on March 17. Over six consecutive years Forbes has released the rankings, 25 celebrities have continuously made the list […]
Category: Consumer Behavior
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Looks like some people are still profiting despite the real estate slump: Shanghai’s Sheshan Shimao Country Club has allegedly sold two villas that set new records as the most expensive personal residences in China.
Membership for what is being touted as the country’s first private helicopter club will open soon. The club is affiliated to a private heliport opened in Nanjing, capital of Jiangsu province, under the Ruohang Transportation Development Co. “Our membership plan will be formally made known to the public this weekend and its initial terms for receiving application will be mainly targeted at those interested in flying or wanting to buy helicopters,” Lu Yong, the executive director of Ruohang, told China Daily recently.
Search engine users in China reached 203 million by the end of 2008, with a yearly growth rate of 33.6 percent, according to the latest statistics released by the China Internet Network Information Center (CNNIC) recently. The “2008 Report on Chinese Search Engine User Behavior” published by CNNIC points out that the search engine market continued to develop at a high speed in 2008, and more netizens began to try search engine services with different characteristics […]
Beijing registered 65,970 new motor vehicles in the first 45 days of 2009, with a daily increase of 1,466, according to the municipal traffic authority. That brought the total number of automobiles in the city to 3.56 million as of February/2009, according to figures from the Beijing Traffic Management Bureau […]
“Don’t just talk at me, talk with me”. It is one of the 8 new rules for success in China’s changing branding environment summarized by marketing firms Landor Associates and Cohn & Wolfe, as outcome of the conference of Fifth China Branding Roundtable by the Economist Conferences. They interviewed many speakers and experts on the […]
The annual trade volume of China’s online shopping market in 2008 surpassed the amount of 100 billion yuan (over 14 billion US dollars) for the first time, totaling 120 billion yuan, up by 128.5 percent year on year. Compared with the previous year, the growth rate rose by nearly 40 percentage points. The data come from the ‘2008 China Online Shopping Research Report‘ , jointly published by iResearch Consulting Group, a domestic polling organization, and taobao.com. The report also shows that, in 2008, the number of registered online shoppers in China increased by 185 percent from the previous year, reaching 120 million customers…
Money is moving in a new direction in China — out: Some Chinese are so eager to turn their yuan into other assets that when an online real estate brokerage organized a tour of foreclosure auctions in the United States, it received so many applications that it had to turn away nearly 400 people. In Shanghai, cash-rich Chinese companies are buying high-yield bonds issued by distressed American companies at a time when most investors are steering clear of bonds even from solid companies […]
In a combination of cheap labor and inexpensive electronic appliances, we see in the picture a high-tech version of ‘sandwich-man‘: in the middle of XuJiaHui, one of the busiest commercial areas in downtown Shanghai, we commonly see a few people carrying a backpack (probably with a notebook inside), rigged to a 17 in LCD monitor, displaying interactive advertising campaigns, as well as some traditional TV ads.
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%…