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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Coca-Cola to invest $4b in China in 3 years

Coca-Cola, the worlds top soft drink producer, will pour in another $4 billion in China from 2012 to 2014, announced its chairman and CEO Muhtar Kent in Shanghai recently […]

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China Innovation Readings Trend Watching

China, Technology, Innovation & the Environment: Green Business Opportunity in China

China can be a great place for international companies interested in green business.It’s a matter of getting to know the right people, adapting to the culture and “getting over your fear of China,” said Peggy Liu, who chairs the Joint U.S.-China Cooperation on Clean Energy, an NGO that seeks to change the way China makes and uses energy […]

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China Innovation

Intellectual Property: Number of patent applications from Chinese enterprises increases ten-fold in 10 years

According to latest statistics, China received a total of 828,328 patent applications in 2008. Of which, 717,144 were domestic patent applications, accounting for 86.6 percent of the total number of applications. Of all received domestic patent applications, the number of invention patent applications reached 194,579, up 27.1 percent from the previous year. In 2008, China authorized a total of 411,982 patents. Of these, the number of China’s domestic patents stood at 352,406, accounting for 85.5 percent of the total and an increase of 16.8 percent compared with the previous year. By the end of 2008, China had cumulatively received 4,853,506 patent applications, of which, it authorized 2,501,268.

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China Information Technology Software

Intelectual Property: Shanghai’s biggest copyright case hits court

A Shanghai city court began hearing criminal charges recently against a gang accused of global trading in pirated software – at US$10 million-plus, the biggest case of copyright violation in Shanghai’s history. Nine defendants were brought before the Shanghai No. 1 Intermediate People’s Court in a trial that is expected to last two days…

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China Economics Innovation

Intellectual Property: Introduction of China’s Intellectual Property Strategy

China has promulgated its own intellectual property strategy, which is aimed at promoting innovation and the use of new technologies by China’s industries. It’s hoped that via the implementation of the strategy, all innovations will be respected and more wealth will be created…

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior

With the opening to new markets and the growth of the Chinese economy, a new social class has emerged — to some extend, unthinkable in a Communist China: the millionaires. According to a survey from Cap Gemini/Merrill Lynch, the number of millionaires (in US Dollars) in China have reached more than 230,000. The large majority of these new riches choose Shanghai to invest their money and also spend their money

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China Economics Information Technology Software Trend Watching

Internet in China: Online Gaming & “Gold Farming”

According to the China Internet Network Information Center, the population of Internet users in China by last June is over 123 million — 63% of those people have broadband access. More that 20 million chinese play online games, and the e-commerce revenue have grown 50% in relation to last year numbers. Estimates of the revenue of the online gaming industry points to a total of 1.3 billion dollars by 2009, an annual growth of 35%, according to IDC. Such growth ended pushing the numbers of other sectors up: online games brought 17.3 billion Yuan (2.14 billion dollars) to industry, 7.1 billion Yuan (887.5 million dollars) to the industry, and 30 million Yuan (3.7 million dollars) to the industry […]