Beijing is the most expensive city on the Chinese mainland for expatriates, ranking the 20th highest in the world for costs of living, according to an annual report released by Mercer, a US-based consulting company […]
Tag: Yuan
Spending by Chinese travelers nearly doubled from 2010 due to the growing number of affluent shoppers and the yuan’s appreciation, Hurun Report said recently […]
China said recently its crackdown on pirated goods has made great strides, a claim borne out by government statistics but not necessarily by a trip to one of Beijing’s many shops where pirated software, movies and clothes are readily available […]
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 […]
One in every 175 people living in Shanghai has personal wealth of more than 10 million yuan (US$1.5 million), the Hurun Research Institute said recently […]
China named Shanghai as the country’s pilot city for electric vehicle development […]
Chen Xuyuan, president of Shanghai International Port (Group) Co, said Shanghai would hold on to its record as the world’s biggest port this year after it handled 7.4 million twenty-foot equivalent units (TEUs) in the first quarter of 2011 […]
More and more Chinese are disconnecting fixed-line telephones and turning to mobile phones for communication, according to statistics released by the Chinese Ministry of Industry and Information Technology […]
China’s luxury market is expected to grow at 18 percent annually during the next five years and will take more than 20 percent of the global market by 2015, driven by enthusiasm among the younger generation […]
China’s urbanization will provide “sustainable investment” and become a key factor in bolstering the country’s growth during the coming five years […]