Leading Authority on China's Wealthy Counts 825,000 鈥楳illionaires鈥� with Beijing Home to Most.
Hurun Report has been selected as one of the Official Media Partners for Asia Luxury Travel Market (ALTM) 2009 for the third year running.
China's total fixed asset investment surged 28.8% year on year to RMB 2.81 trillion (US$41.1 billion) in the first quarter of this year, according to statistics released by the National Bureau of Statistics (NBS) today. The growth rate is 4.2% higher than a year earlier, said NBS. Investment in urban areas grew 28.6% from...
China's consumer price index (CPI), the major gauge of inflation, declined 0.6% year on year in the first quarter of 2009, said the National Bureau of Statistics (NBS) today.The CPI fell 0.9% in urban regions, while the CPI in rural areas remained unchanged, according to the statistics....
China's gross domestic product (GDP) grew 6.1% year on year to RMB 6.57 trillion in the first three months of this year, 4.5% less than it grew in the same period last year, according to statistics released by the National Bureau of Statistics (NBS) at a news conference earlier today....
China's foreign exchange reserves, the world's largest currency stockpile, is likely togrow steadily, said Yao Jian, spokesman of the China's Ministry of Commerce (MOC), on Wednesday.Growth in the country's trade surplus and foreign investments will increase China's foreign exchange reserves, but this increase...
But the March drop-off is much smaller than February's, another sign that China's economy may be stabilizing for the second quarter.
The power consumption in China for the first three months of 2009 declined at a slower pace than in November and December last year, due to the country's stimulus measures to promote industrial production, according to a statement released by the China Electricity Council (CEC) on Tuesday....
China's consumer price index (CPI), the major gauge of inflation, and its producer price index (PPI), the index for industrial products, may begin to reflect positive growth this month since the country's economy has bottomed out and demand is rising, said He Zhicheng, a senior economist from Agricultural Bank of...
Most of China's newly affluent are younger than you think. They won't be in Beijing or Shanghai and they won't save like their parents. Companies looking beyond the current demand slump to crack the Chinese higher-end consumer market must know this: the country's future affluent will be much younger than their counterparts in the rest of the world.