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China Economics Trend Watching

Living in China: Chinese households to get annual income over 60,000 yuan

Not a recent piece of news, but it would be interesting to see if the trend has been updated since then: a Chinese expert predicted 55 percent Chinese households will have a yearly income over 60,000 yuan (8,0407 U.S. dollars) by 2020, the Beijing Morning Post reported in Beijing […]

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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

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 […]

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China Economics

Disaster prevails as relief effort beefed up

Weather conditions in southern China will remain severe and relief work difficult, Chinese leaders warned yesterday as the country battles with the worst snowfalls in decades. The warning came after a meeting chaired by Chinese President Hu Jintao to study the relief effort. Chinese Premier Wen Jiabao has just concluded his second visit in a week to central Hunan Province, the region worst hit.

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China Information Technology

2007 Retrospective: Top 10 News Events in China

The following are the top 10 domestic news events in the year 2007 selected by Xinhua News, China’s Official News Agency (in chronological order): 1. China’s top legislature, the National People’s Congress (NPC), adopted a landmark property law on March 16, granting equal protection to public and private properties. 2. Serious pollution caused a sudden stenchy algae outbreak in China’s third largest freshwater lake Taihu in late May, cutting tap water supply to more than one million residents in Wuxi, Jiangsu Province…