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China

Chinese People and Their Mobile Phones: Over 117 Million Mobile Internet Users in China

China Internet Network Information Center (CNNIC) recently released two reports on China’s mobile Internet, according to the reports, by the end of 2008, there were already over 640 million mobile phone users in China, and the number of users who access the Internet via mobile phone already exceeded 117.6 million, according to the Research Report on Behavior of Internet Access via Mobile Phone released by the China Internet Network Information Center (CNNIC) on February 18 in Beijing…

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China Economics Trend Watching

e-Commerce in China: dot-com economy grew over 60 percent year on year in the second quarter/2008

China’s dot-com economy grew nearly 63 percent year on year in the second quarter, despite increasing inflation and the effects of the Sichuan earthquake, a Shanghai-based research firm reported recently. Revenue generated by China’s online search, game and travel providers reached 13.32 billion yuan (US$1.94 billion) in the April-to-June period, iResearch said…

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China Economics Trend Watching

China, Technology, Innovation and the Environment: Chinese President Hu Jintao elaborates on China’s stance on climate change

Chinese President Hu Jintao said on recently that his country will take substantial measures to cope with climate change. Hu made the remarks at the Major Economies Meeting on Energy Security and Climate Change, which gathered leaders from Australia, Brazil, China, India, Indonesia, Mexico, South Africa, South Korea and the Group of Eight (G8) nations at Toyako, a resort town on the northern Japanese island of Hokkaido…

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China Consumer Behavior Trend Watching

China, Socialism & Consumer Behavior: India, China, and Brazil sees highest jump in millionaires

India, China, and Brazil saw bigger growth in the millionaire population last year than anywhere else, and wealth in the Asia-Pacific is expected to grow nearly 8 percent a year to 2012 despite a slowdown in the world at large, a survey showed. The number of millionaires in the Asia-Pacific grew 8.7 percent from a year ago to 2.8 million people and their combined wealth soared 12.5 percent to $9.5 trillion US dollars, excluding the value of their homes and consumables, Merrill Lynch and Capgemini said at a news conference in Singapore recently…

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China Trend Watching

Internet in China: More Searches from China, but Koreans Search more often

South Korea’s Internet searchers conducted an average of 104 searches in April/2008, nearly twice as many as Malaysians, who clocked in at 54 searches per searcher; according to Comscore’s latest findings; Asia ’s largest number of searches, not surprisingly, came from the 82 million Chinese Internet users doing 6.2 billion searches in April/2008. That is an average of 75 searches per Chinese searcher […]

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China Economics Information Technology

Chinese People and Their Mobile Phones: 6 Telecoms to Merge Their Assets

China has told its six telecommunications companies to merge their assets, allowing fixed-line carriers to expand into wireless services and creating three operators that will offer phone and Internet connections to 1.3 billion people. Under the plan, the parent of China Telecom will buy a mobile phone network from the parent of China Unicom, which in turn will merge with the company that controls the China Netcom Group, the Ministry of Industry and Information said in a statement on Saturday. China will issue three third-generation wireless licenses after the overhaul is completed, it said…

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China Information Technology

Chinese People and Their Mobile Phones: China starts 3G commercial trials in 8 cities

The parent of China Mobile (0941.HK: Quote, Profile, Research), the country’s top wireless operator, have started commercial trials of a homegrown third-generation wireless standard, TD-SCDMA, in eight cities on April 1, state media said recently. Shares in several Hong Kong-listed equipment vendors, including China Communications Services Corp Ltd (0552.HK: Quote, Profile, Research) and China Wireless Technologies Ltd (2369.HK: Quote, Profile, Research), rose on Friday, as investors anticipate heavy spending on telecoms gear.

The commercial trials will help to improve TD-SCDMA technology, as well as provide better mobile services during the Beijing Olympics, according to Xinhua News agency […]

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China Trend Watching

Shanghai the 8th most expensive Asian city for expats

The cost of living in Shanghai is catching up with more expensive locations in the region such as Hong Kong and Taipei, according to the latest global cost of living survey. The ECA cost of living survey listed Shanghai in 100th place among the top 300-plus most expensive cities in the world, up 23 spots from last year. Shanghai was also one position higher than Singapore among Asian cities, which ranked at 122nd place globally, according to the report.