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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: sales of luxury cars on the rise

Luxury car makers reported strong sales growth on China’s mainland for the first half of 2011, despite the Chinese government’s phasing out of incentives […]

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China Economics Innovation Trend Watching

China, Technology, Innovation & the Environment: offshore wind power expected to reach 30 gigawatts by 2020

In the next five years, China will boost its offshore wind power installed capacity to 5 gigawatts and form a complete technology and industrial chain […]

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China Economics Trend Watching

Living in China: Study finds middle class ‘unhappy’

Shanghai’s middle-class families are the least happy, according to the White Book of Happiness of Middle Class Families released by Manulife-Sinochem early this year […]

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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 […]

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: 4 million Chinese families own million dollar assets

The more than 4 million Chinese families with million dollar assets in 2008 will reach 7.8 million in 2013, according to a new report by Boston Consulting Group (BCG) published recently […]

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China Economics Trend Watching

Living in China: urban population exceeds 600 milion with rural income’s yawning gap

China’s urban population surged to 607 million with an urbanization rate of 45.7 percent at the end of 2008, a social researcher revealed recently […]

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China Consumer Behavior Economics Trend Watching

China, Technology and the Environment: Power consumption up in Shanghai, Zhejiang, Jiangsu and Guangdong

In the first half of June/2009, China’s average daily power generation capacity was 9.764 billion kilowatt-hours, down 0.17 percent year-on-year, according to statistics from the State Grid Corporation of China (SGCC). In May, the nation’s average daily power generation capacity dropped around 3.5 percent year-on-year […]

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China Consumer Behavior Economics

China, Socialism & Consumer Behavior: 6 in 10,000 people are multimillionaires?

6 in every 10,000 people in China have a personal wealth of more than 10 million yuan ( nearly 1.5 million US dollars), shows the recently issued “Hurun Wealth Report 2009”. After the report came out, it immediately raised a lot of doubts among netizens: “Have Chinese people really become so rich?” […]

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China Consumer Behavior Economics

China, Socialism & Consumer Behavior: first helicopter club to take off

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.

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China Consumer Behavior

China, Socialism & Consumer Behavior: Beijing has more cars on roads

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 […]