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Top 10 AI Cities in China
The Intelligent Cities Index China by The University of Sydney provides a ranking of Chinese cities according to their activity in the emerging field of Artificial Intelligence. It provides a resource...
View ArticleChina’s economy in Q3; GDP grew 4.9%
China’s economic growth of the first three quarters shifted from negative to positive in Q3 2020. According to the preliminary estimates of National Bureau of Statistics of China, the gross domestic...
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Report: China Mobile Economy 2020
Chinese operators are leading on growth beyond core services, with non- telecoms services – both for consumers and enterprises – growing at 30% year-on-year in local currency (compared to less than 10%...
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5 key trends shaping the Chinese economy, accelerated by COVID-19
In a recent report, McKinsey pointed out five key trends shaping China’s economy, being accelerated by COVID-19 has accelerated. 1. Digitalization COVID-19 has also accelerated digitization of the...
View ArticleTop 10 forecast of China’s digital innovation in 2021-2025
According to IDC, the total GDP brought by digital services and products in 2018 is estimated to be approximately US$13.5 trillion, accounting for 17% of the total global GDP. By 2023, more than 50%...
View ArticleChina’s economy grew 2.3% in 2020, expected to grow by 7.9% in 2021
The gross domestic product (GDP) was 101,598.6 billion yuan in 2020, an increase of 2.3% over the previous year at comparable prices, according to preliminary estimates of the National Bureau of...
View ArticleIMF raised its forecast for global and China’s economic growth in 2021
The International Monetary Fund (IMF) raised its forecast for global economic growth. The IMF predicts that the global economic growth rate will be 5.5% in 2021, which is 0.3 percentage points higher...
View ArticleChina’s birth rate reached the lowest since 2000
The number of China’s births reached 14.65 million in 2019, a decrease of 580,000 compared with 2018, according to the latest data of the National Bureau of Statistics. The birth rate was 10.48 ‰, the...
View Article70% Chinese enterprises believe China will see V-shaped recovery
More than 60% of Chinese executives say Chinese companies will become more competitive in the face of European and American companies than they used to be. In contrast, 40 percent of North American...
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China GDP up 18.3% in Q1 2021
According to preliminary estimates of National Bureau of Statistics of China, the gross domestic product (GDP) in the first quarter of 2021 reached 24,931.0 billion yuan, up by 18.3 percent year on...
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17 million more marriageable men than women in China
Double Eleven is not only a shopping festival but also known as Singles Day in China. There are “30 million singles” in China. Is this really the case? In fact, there are 17.52 million more men of...
View ArticleChina household savings increased by over 10 trillion yuan in H1 2022
RMB saving deposits increased by 18.82 trillion yuan in the first half of the year, an increase of 4.77 trillion yuan year-on-year, according to data from People's Bank of China. Household saving...
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View ArticleBeijing, Shanghai the highest per capita disposable income in 2022
In 2022, the per capita disposable income of Shanghai and Beijing residents exceeded 70,000 yuan, far ahead of other provinces in China. Shanghai’s per capita disposable income in 2022 reached 79,610...
View ArticleChina’s Economy Sees Steady Recovery in Q1 2023; GDP Grew 4.5%
In Q1 2023, China’s GDP growth reached 4.5%, driven by solid performances across various sectors, according to National Bureau of Statistics of China. GDP in Q1 reached reached 28,499.7 billion yuan....
View ArticleChina internet economy overview 2021
In the first three quarters of 2021, the Internet and related service industries showed a steady development trend, business revenue and operating profit continued to grow rapidly, and the growth rate...
View Article6 trends of China’s digital economy innovation
In a relatively short time, China has become one of the world's largest digital economies. Thanks to the support of nearly one billion internet users, China's e-commerce sales rose to $1.7 trillion in...
View Article9 Chinese cities top Global Best City Brands
In the latest Brand Finance report, Hong Kong has been crowned the top city brand in China, securing the 41st position globally. The report highlights the branding strengths of nine major Chinese...
View ArticleDemographic Dynamics and Clustering in China’s Mobile Internet Sphere
In the constantly evolving landscape of China's mobile internet, 2023 stands out as a year of significant demographic shifts and a pronounced clustering effect, underscored by compelling data from...
View ArticleChina’s Wealthy Households Decline Amid Economic Shifts
Recent data from the Hurun Research Institute reveals a nuanced shift in China's wealth landscape, marking a slight decline in the country's affluent families. As of January 1, 2023, the number of...
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