China Current Events

Chinese News Site Updated Daily

China Stats for the Week: April 23-29

Posted on | April 29, 2012 | No Comments

China’s central government has moved to bar certain government agencies from buying foreign cars, potentially excluding global auto makers from a market that totals between 70 billion and 80 billion yuan ($11.1 billion to $12.7 billion).

Demand for vehicles could register single-digit growth rates for a second year in a row – the slowest back-to-back years since the market took off in the late 1990s.

Chinese consumers bought 2.1 million SUVs last year, an increase of 25 per cent and representing almost 12 per cent of total light vehicle sales, according to J.D. Power and LMC Automotive.

China’s mining sector saw 185 accidents in the first quarter of the year, that led to the deaths of 289 people, the State Administration of Work Safety said last Friday. Altogether 1,973 miners were killed in colliery accidents last year.

In 2009 China pledged billions of dollars for research on clean vehicles and called for annual sales of 500,000 cars by 2015.  Developers have yet to achieve breakthroughs and will be lucky to sell 2,000 cars this year, mostly taxis.

In 2011, the National Bureau of Statistics said the percentage of China’s population living in cities reached 51.3 percent. The figure was only 36.2 percent in 2000.

A study by the State Council’s Development Research Center (DRC) said that by 2030 nearly 67 percent of China’s population would live in cities. This represents an extra 300 million people compared to the number in 2012.

China is now home to 158 million migrant workers and their salaries increased by 21.2 percent from 2010 to 2011, according to the National Bureau of Statistics.

Nearly half of migrant workers, the survey found, still work in the coastal provinces of Guangdong, Zhejiang, Jiangsu and Shandong.

Last year, migrants’ average monthly salaries increased by 21.2 percent, rising to 2,049 yuan ($324). They worked 8.8 hours a day on average and 25.4 days a month.

More than 84.5 percent reported toiling for more than 44 hours a week – exceeding the legal limit on work time.

Comments

Leave a Reply

You must be logged in to post a comment.

  • RSS China Current Events

    • Weak demand hits China factory, services firms in March, more easing seen - Reuters April 1, 2015
      ReutersWeak demand hits China factory, services firms in March, more easing seenReutersThree separate surveys showed Chinese companies shed jobs last month as they struggled with soft demand and deflationary pressures, suggesting that economic growth may have slipped below 7 percent in the first quarter of 2015, which would be the ...Better looking PMIs beli
    • China building 'great wall of sand' - BBC News April 1, 2015
      BBC NewsChina building 'great wall of sand'BBC NewsChina's land reclamation is creating a "great wall of sand" in the South China Sea, a top US official says, leading to "serious questions" on its intentions. US Pacific Fleet Commander Admiral Harry Harris made the comments in a speech in Australia on ...US Navy: Beijing cr
    • Want to Reduce Inequality? Consult China, Vietnam and India - Wall Street Journal March 31, 2015
      Wall Street JournalWant to Reduce Inequality? Consult China, Vietnam and IndiaWall Street JournalIn 1979 China established a law for foreign joint ventures and in 1986 applied to rejoin the General Agreement on Tariffs and Trade. In 1988 the government began allowing large private firms to operate in the economy; even state-owned enterprises ...China ready t
    • Japan, Sticking With US, Says It Won't Join China-Led Bank - New York Times March 31, 2015
      NPR (blog)Japan, Sticking With US, Says It Won't Join China-Led BankNew York TimesTOKYO — Japanese leaders indicated on Tuesday that their nation would not become a founding member of a new Chinese-led Asian development bank but instead remain loyal to the United States, which has urged its allies to refrain from joining.Dozens Of Countries Join China-B
    • What Yemen's crisis reveals about China's growing global power - Washington Post (blog) March 31, 2015
      Wall Street JournalWhat Yemen's crisis reveals about China's growing global powerWashington Post (blog)On Tuesday, Xinhua news agency reported that more than 500 Chinese nationals who were evacuated from Yemen had arrived safely in the city of Djibouti. The evacuees had been picked up by a Chinese fleet Sunday and Monday, fleeing an increasingly ..
    • China to Begin Deposit Insurance in May - Wall Street Journal March 31, 2015
      Wall Street JournalChina to Begin Deposit Insurance in MayWall Street JournalBEIJING—By moving to insure bank deposits at home, China's leadership has its eyes abroad. China on Tuesday detailed a plan to launch a deposit-insurance system in May, a long-awaited move that is aimed at better disciplining its lenders and their ...China is about to make its
    • For China, three decades of one-child policy proves hard to undo - CNN March 31, 2015
      CNNFor China, three decades of one-child policy proves hard to undoCNNIt's perhaps the most hated policy in China. Now, under relaxed restrictions announced just over a year ago, couples like Yang Xue and Chang Zi'an, both professionals working in Beijing, are eligible for a second child to join their baby girl -- 11 ...and more »
    • U.S. allies rush to join China's new bank as deadline looms - Washington Times March 31, 2015
      Washington TimesU.S. allies rush to join China's new bank as deadline loomsWashington TimesU.S. Treasury Secretary Jacob Lew, left, shakes hands with Chinese Premier Li Keqiang before a meeting at the Great Hall of the People in Beijing, China, on Monday, March 30, 2015. Lew said he pressed Chinese leaders Monday over proposed ... more >.Treasury Sec
    • Rhodes Scholarships Expanding to Include Chinese Students - New York Times March 31, 2015
      New York TimesRhodes Scholarships Expanding to Include Chinese StudentsNew York TimesThe move into China, announced Monday, is the first step in what the program expects to be its biggest expansion since it made women eligible in the 1970s. It is meant to cultivate a more diverse crop of young people the program hopes will become ...Congratulations, China: Y
    • GM, Ford Make a Play for China's Luxury-Car Buyers - Wall Street Journal March 30, 2015
      Wall Street JournalGM, Ford Make a Play for China's Luxury-Car BuyersWall Street JournalDETROIT—The American premium sedan is going on a road trip. Destination? China. The two biggest U.S. auto makers will unveil new passenger cars at the New York International Auto Show later this week. While earmarked for sale in the U.S. and other ...and more »