Tagged: Rural Area

China, Socialism & Consumer Behavior: spending still strong and accelerating 0

China, Socialism & Consumer Behavior: spending still strong and accelerating

The increase in China’s retail sales volume exceeded 20 percent year on year in the last eight months and is still accelerating, enough to sustain economic growth above 9.5 percent for the rest of the year, a HSBC report said. According to the report ‘China Economic Spotlight‘ released on recently, consumer spending has performed strongly despite the slowing economy, the disastrous earthquake and the cancellation of the May Day golden week…

China, Technology, Innovation and the Environment: Chinese President Hu Jintao elaborates on China’s stance on climate change 1

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…

Living in China: More people in Shanghai unhappy about Income 0

Living in China: More people in Shanghai unhappy about Income

More citizens of China’s eastern metropolis of Shanghai were not satisfied with their salaries and may postpone buying houses or cars, a survey shows. The income index for the second quarter of this year set a record low of 114.8 points, 3.8 points lower than that of the first quarter and 7.5 points lower than the last quarter of 2007, according to the survey on consumption confidence conducted by Shanghai University of Finance and Economics (SUFE)…

Living in China: Cost of food drives up Consumer Price Index to 8.5% 2

Living in China: Cost of food drives up Consumer Price Index to 8.5%

China’s consumer price index(CPI) rose 8.5 percent in April, mainly driven by uncurbed food costs, the National Bureau of Statistics(NBS) said recently. The figure, compared with 8.3 percent in March and a nearly 12-year-high of 8.7 percent in February, was broadly in line with most forecasts.
The NBS attributed the figure to a low base of comparison: the CPI rose just 3 percent in April 2007. Another factor was the rapid increase in world grain and commodity prices…

Internet in China: What Do Chinese Internet Users Do Online? 2

Internet in China: What Do Chinese Internet Users Do Online?

China Internet Network Information Center (CNNIC) just released its latest semi-year report on development of Internet in China. According to the report, by the end of 2007, the number of Chinese Internet users has reached 210 million, an increase of 48 million compared to the first semester, or 73 million in last year. Among these 73 million new Internet users, 29.17 million, or about 40%, come from rural area. About 50.4 million users use mobile handsets to access Internet, just adding 6 million new mobile Internet users in last six months […]

2007 Retrospective: Top 10 News Events in China 0

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…

China, Technology, Innovation and the Environment: Part II 0

China, Technology, Innovation and the Environment: Part II

An energy structure with a low utilization rate, and an economic growth mode with serious, hazardous emissions have posed stark challenges for the sustained growth of Chinese economic society. Faced with such a grave situation in energy saving and emission reduction, more than 6,000 science, technology workers, as well as scientist-turned-entrepreneurs on met recently to discuss issues such as energy saving and environmental protection. Among them were more than 100 members from Chinese Academy of Sciences (CAS) and the Chinese Academy of Engineering (CAE), the highest palaces for scientific research achievements and engineering progress […]