China Economics Trend Watching

China, Technology and the Environment: Chinese National Energy Commission is established

China has established the National Energy Commission for better coordination in formulating energy strategy and development planning, said an announcement released by the General Office of the Chinese State Council recently […]

China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: In a Tidal Shift, Chinese Spending More Overseas

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 […]


107 dead, $15.4 billion lost due to snow in China

The blizzards that struck southern China in the past month have killed at least 107 people and left eight missing, as of February 12/2007, reported a senior Chinese official recently. The disaster has also caused direct economic losses of about 111 billion yuan ($15.4 billion), Civil Affairs Minister Li Xueju said: 21 provincial-level areas had been affected, with Hunan, Guizhou, Jiangxi, Anhui, Hubei, Zhejiang and Sichuan provinces and the Guangxi Zhuang autonomous region the worst hit […]

China Economics

Millions stranded by the snow in holiday havoc

Heavy white storms staged a comeback late yesterday as China’s transport network remained crippled by the heaviest snowfall in five decades. Millions of people trying to head home for the Spring Festival are stranded. The big freeze has killed dozens of people, impacted on the lives of at least 80 million others and caused economic losses estimated at more than 53.8 billion yuan (US$7.5 billion)…

China Economics Innovation

China to Implement Intellectual Property Strategy

A symposium on implementing Intellectual Property Strategy Higher Education in China has just concluded at Renmin University on October 22. The forum aimed to further implement intellectual property strategies and develop an innovative economy, as well as providing an overview of the intellectual property education system. Binying Wang, assistant director-general of the World Intellectual Property Organization ( WIPO ) explained the importance of the forum…