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China Consumer Behavior Trend Watching

Living in China: Beijing ranked as most expensive city for expatriates

A recent survey by ECA International, a London-based human resources consultant, ranked Beijing as the 31st most expensive city for expatriates in the world, surpassing Hong Kong to become the most expensive city in China […]

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China

China in World’s Eyes: Great Wall, Kungfu, Chinese food

The large-scale report of ‘China in World’s Eyes’ was issued in Beijing recently. Foreigners from more than 20 countries around the world were surveyed in the report. When asked which can represent China best, most foreigners chose the Great Wall, Kung fu and Chinese food; and 21% of them considered the Great Wall as the best thing representing China. Influenced by Hollywood films, foreigners were greatly impressed by Kung Fu; many of them even thought most Chinese could play Kung Fu…

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China Innovation

Intellectual Property: Draft amendment on China’s patent law tabled, higher penalties for violators

Less than three months after the Chinese State Council put its stamp on the patent law reform blueprint, the government submitted the draft amendment to the Standing Committee of the National People’s Congress (NPC), China’s top legislature, for first reading recently. Tian Lipu, commissioner of the Chinese State Intellectual Property Office, said the amendment to the Patent Law would make several important changes to the application process and enforcement of the law…

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China Economics

China Restricting Visas to Foreigners, hurts Tourism

China has begun to restrict visas for foreign visitors. The Washington Post presents several perspectives on why this is happening, including Olympic security concerns and a growing sense of nationalism among Chinese. On paper, the visa rules for China have always been strict. In addition to frustrated potential visitors to China, the economy is also experiencing difficulties due to the new visa restrictions. The Wall Street Journal reports on the vacant hotels in Beijing, built for Olympic visitors and other tourists who are now hampered from entering China….

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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 Trend Watching

Living in China: Shanghai foreigner influx doubles in five years

The number of expats living in Shanghai and those working in local foreign-invested enterprises almost doubled from 2002 to 2006, according to a Shanghai Federation of Trade Unions report released recently. Issued every five years, the report said there were a total of 119,876 expatriates living in the city in 2006, compared to 61,610 in 2002. The number of expats working in foreign-invested companies in the city increased from 40,076 to 76,873 over the same period…

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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.