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China Consumer Behavior Trend Watching

China, Socialism & Consumer Behavior: Rising cost of luxury goods slows to 2009 level

Price increases for luxury goods and services in China this year are at their slowest level since 2009 but continue to outpace inflation, according to a report by the Hurun Research Institute. China’s Luxury Consumer Price Index, which measures price changes in 62 luxury items, rose 4.94 percent in June from a year earlier, 2.79 […]

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China Trend Watching

Education in China: Textbooks come with obsolete cassettes

Parents often complain that it’s difficult to use the outdated tapes since many no longer have cassette players […]

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China Trend Watching

Education in China: 43 percent of Shanghai students consider studying overseas

More than 40 percent of the students in key, city-level high schools in Shanghai are considering studying overseas as undergraduates, according to a survey released recently by the Shanghai Education Commission […]

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China Information Technology Trend Watching

Information Technology in China: Smart City plans for Shanghai

Can you imagine such a “smart city” life? It can become a possibility in Shanghai as early as 2015. Presently, the system to build a smart city is having a trial operation in suburban Minhang District and gradually it will cover the whole city, Shanghai city officials revealed recently […]

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China Trend Watching

Living in China: 1 million Shanghainese residing overseas

More than 1 million Shanghainese are residing overseas, either living or studying in 159 countries and regions around the world, with the United States being the most popular destination, authorities said recently. The number of overseas Chinese with Shanghai hukou¬†(permanent residence permit) and Shanghai native with foreign citizenship reached 1.02 million, surging 50 percent within […]

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Asia’s rich to splurge more on art as investments

Despite giddy Chinese art prices showing some strain from global economic uncertainty, art collectors think values will continue to rise due to limited supply and continued strong demand as Asian collectors become more affluent […]

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Shoppers go abroad for luxury bargains

Chinese consumers spent about US$7.2 billion on luxury goods overseas during the week-long Spring Festival holiday, a 28.6 percent jump year-on-year, according to a survey […]

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China Economics Trend Watching

Living in China: Foreign expert numbers on the rise in Shanghai

Some 81,000 foreign experts were working in Shanghai at the end of 2011 – a third more than in 2005, the local labor authority said recently […]

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China Economics Trend Watching

Living in China: Shanghai’s air falls below standard

Shanghai has failed to meet a proposed air quality standard for the past five years, according to the city’s environment watchdog […]

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China Economics Trend Watching

Living in China: Shanghai holds the highest population of foreigners

Shanghai has the largest population of foreign nationals among all domestic cities and provinces in China, with about 143,200 expat residents living in the city, the Shanghai Statistics Bureau announced recently. Nearly one in every four foreign residents in the country lives in Shanghai, according to the sixth national census conducted in November 2010. […]