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

    • Gough Whitlam, Leader of Australia Who Built Ties to China, Dies at 98 - New York Times October 23, 2014
      New York TimesGough Whitlam, Leader of Australia Who Built Ties to China, Dies at 98New York TimesSYDNEY, Australia — Gough Whitlam, a former prime minister who introduced free university education and a national health care system in Australia — and who was also known for eclipsing President Richard M. Nixon's 1972 visit to China by turning up ...Whitl
    • China factory activity at 3-month high in October - CNBC October 23, 2014
      CNBCChina factory activity at 3-month high in OctoberCNBCThe closely-watched HSBC's China flash Purchasing Managers' Index (PMI) inched up to 50.4 from a final reading of 50.2 in September, beating the consensus forecast for 50.3 and staying above the 50 mark which separates expansion from contraction.UPDATE 2-China flash HSBC PMI edges up in Oct b
    • China Ex-Security Chief Zhou Yongkang Faces Likely Expulsion From ... - Wall Street Journal October 23, 2014
      Wall Street JournalChina Ex-Security Chief Zhou Yongkang Faces Likely Expulsion From ...Wall Street JournalUntil two years ago, Mr. Zhou was one of the nine men who ran China. The former Politburo Standing Committee member who oversaw internal security has since emerged as the poster boy for the president's anticorruption campaign, which has snared ...C
    • Asia stocks hobbled by growth woes, China PMI fails to impress - Reuters October 23, 2014
      ReutersAsia stocks hobbled by growth woes, China PMI fails to impressReutersTOKYO (Reuters) - Asian shares sagged on Thursday after a retreat on Wall Street and falling crude oil prices rekindled investor anxiety over slowing global growth, while a mixed picture on Chinese manufacturing failed to impress markets. Japan's ...Asian stocks lower after oil
    • Yan Lianke on Writing in China - New York Times October 23, 2014
      New York TimesYan Lianke on Writing in ChinaNew York TimesBEIJING — China's efforts to promote socialism in the late 1950s and early 1960s resulted in what is euphemistically known as the three years of natural disasters, during which more than 30 million people starved to death. One evening when I was a ...
    • For $10, fill your car with Syracuse China history - The Post-Standard - syracuse.com October 22, 2014
      The Post-Standard - syracuse.comFor $10, fill your car with Syracuse China historyThe Post-Standard - syracuse.comSalina, N.Y. — The public is getting a chance to buy a piece of local history — a whole carload of it, actually. For $10, anyone can fill their cars with some of the last pieces of dinnerware made by Syracuse China at its factory on Court Street
    • China furious after Kenny G appears to back Hong Kong protesters - The Guardian October 22, 2014
      The GuardianChina furious after Kenny G appears to back Hong Kong protestersThe GuardianMusic critics may be contemptuous of Kenny G – full name Kenneth Gorelick – as a populist purveyor of elevator muzak, but his best-selling records are adored in China, where he is a bona fide star, making his endorsement an unusual coup for protest ...Sax and the City: Ke
    • Should America worry about a China-Russia axis? - CNBC October 22, 2014
      CNBCShould America worry about a China-Russia axis?CNBCAs Russia and China continue to forge trade pacts, including the huge $456 billion gas deal with Russian state-owned energy giant Gazprom signed in May, many Westerners are wondering whether this cozy relationship between the two nations is anything ...and more »
    • Why One Forecaster Sees a 'Long, Soft Fall' for China - Businessweek October 22, 2014
      Why One Forecaster Sees a 'Long, Soft Fall' for ChinaBusinessweekChina reported on Tuesday that its economic growth fell to a five-year low. But one forecaster says that's just the beginning. This week the Conference Board issued a 75-page white paper predicting that China's annual growth will dip below 4 percent in ...and more »
    • Mixed Economic Signals From China - New York Times October 21, 2014
      New York TimesMixed Economic Signals From ChinaNew York TimesOne figure that Chinese leaders study closely is the number of new jobs. Li Keqiang, China's prime minister, boasted in a speech at a World Economic Forum meeting last month that nearly 10 million urban jobs had been created in the first eight months ...China GDP Growth Rate Is Slowest in Five