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

    • Pacific-Rim Property Firms Hurt by Slowdown in China Growth - Wall Street Journal May 31, 2016
      Wall Street JournalPacific-Rim Property Firms Hurt by Slowdown in China GrowthWall Street Journal“The outlook has clearly turned marginally for the worse in Asia over the last couple years as China has decelerated,” said Chip McKinley, a portfolio manager with Cohen & Steers, which has about $3.3 billion invested in listed Pacific Rim real-estate ...and
    • China's Attempt at the 'Bilbao Effect' - CityLab May 31, 2016
      CityLabChina's Attempt at the 'Bilbao Effect'CityLabDuring boom times, China's leaders bragged that the economy had done in 20 years what took the West 200. The flip side of this staggering pace of change is that certain Chinese regions have careened right into the post-industrial doldrums of American ...and more »
    • SitRep: China Warns US on South China Sea; Russian Military Buildup Kicks Off - Foreign Policy May 31, 2016
      Foreign PolicySitRep: China Warns US on South China Sea; Russian Military Buildup Kicks OffForeign PolicyWhen the two sides sit down next week for the Strategic and Economic Dialogue, “Beijing will pressure Washington over maritime issues…as the United States' increasing military presence in the South China Sea is among China's major concerns,” a C
    • 5000-year-old brewery discovered in China - CNN May 31, 2016
      CNN5000-year-old brewery discovered in ChinaCNNTests of the yellow residue show the presence of barley, broomcorn millet, tubers and Job's tears (also known as Chinese pearl barley or coix seed), which were fermented together to make what probably would have been a sweet and sour kind of brew.and more »
    • Sports|'Unexplored' China? Not for Long the Way These Climbers Are Going - New York Times May 31, 2016
      New York TimesSports|'Unexplored' China? Not for Long the Way These Climbers Are GoingNew York Times“I consider Yangshuo the Yosemite of China because it's where rock climbing started here, and it's the largest place in China,” said Andrew Hedesh, a Yangshuo-based climber and author of a forthcoming guidebook on the area. But the dearth o
    • China to 'pressure' US on maritime issues, paper says - Reuters May 31, 2016
      ReutersChina to 'pressure' US on maritime issues, paper saysReuters"Beijing will pressure Washington over maritime issues during the upcoming Strategic and Economic Dialogue, as the United States' increasing military presence in the South China Sea is among China's major concerns," the official China Daily said ...South China Se
    • China's Slowdown Hits Nearby Economies Hardest - Bloomberg May 31, 2016
      BloombergChina's Slowdown Hits Nearby Economies HardestBloomberg"As China's economy continues to cool, it will provide an ongoing drag on global output, curtailing inflation pressures in the process and anchoring interest rates in the process. The economic malaise currently experienced by China's immediate ...Goldman Sachs raises odds of
    • Disney Characters Spark Controversy at China's New Anti-Disneyland - Fortune May 31, 2016
      FortuneDisney Characters Spark Controversy at China's New Anti-DisneylandFortuneBy the time a Stormtrooper was spotted at China's newest theme park, developed by Dalian Wanda Group to be what founder Wang Jianlin has called a Disneyland killer, it became clear the Chinese really have a taste for Disney characters. On Saturday ...Disney "Perple
    • Indonesia had another high-seas encounter with China—but this time it brought a bigger boat - Quartz May 31, 2016
      QuartzIndonesia had another high-seas encounter with China—but this time it brought a bigger boatQuartzIn March, an Indonesian patrol boat captured a Chinese fishing trawler illegally operating within Indonesia's territorial waters. Before it could impound the offending vessel, however, two Chinese coast guard vessels appeared, stole back the trawler ..
    • China backtracks on cross-border sales tax—just a month after it was introduced - CNBC May 31, 2016
      CNBCChina backtracks on cross-border sales tax—just a month after it was introducedCNBCIf implemented, the new rules would have meant tighter customs treatment and higher tax rates on overseas goods sold on Chinese e-commerce sites, which previously allowed shoppers to buy imported goods via cross-border e-commerce zones on a ...and more »