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Riding the wave of growth

[ 2017-03-24 ]
...oriented, create business opportunities? Although Chinese economic growth is slowing, it is still at a reasonably high level and China's GDP growth in 2016 reached 6.7 percent. If you look at the upper segment of the middle class in China, this segment of the population is actu...

Slowing globalization 'presents many challenges'

[ 2017-03-24 ]
...nation is rather novel." Wolf says there is, however, evidence already of globalization in decline, with trade as a proportion of global GDP stagnating. "It is growing nothing like as fast as it used to be. Trade is the bedrock of globalization. It is not the biggest fina...

IN BRIEF (Page 24)

[ 2017-03-24 ]
...r's sharing economy research branch, predicted the sharing economy's transaction volume will account for over 10 percent of the country's GDP by 2020, and that the ratio will continue to grow to roughly 20 percent by 2025. China's fast-growing sharing economy will likely generat...

Way ahead

[ 2017-03-24 ]
..., in particular, making global financial markets nervous and contributing to economic uncertainty. "Many (European) countries have lower GDP than before the crisis and for many countries, the downturn is much worse than the Great Depression. Unemployment is unacceptably high an...

Tech investor says China, Europe can create shared vision

[ 2017-03-24 ]
... of Global Webit Series. "Seven years ago, Europe produced 32 percent of the global GDP. Currently, Europe produces 23 percent of global GDP," Russev says. "We are talking about an over 30 percent decrease in the role of Europe in the world." According to Russev, the Belt and ...

It's official - money can't buy happiness

[ 2017-03-24 ]
... sense of well-being among Chinese is on the rise after a rapid fall in the decade and a half to 2005. The report noted that, while GDP in China has increased more than fivefold over a quarter century, subjective well-being over the same period fell for 15 years before sta...

Trade surplus among benefits from a free trade ride China offers

[ 2017-03-24 ]
...trade, regional integration and globalization, countries from around the world stand to benefit from China's continuing growth. With its GDP expanding by 6.7 percent last year, China contributed 33.2 percent to global economic growth. With a goal set at around 6.5 percent growt...

Southern cities beat northern region in GDP growth rate

[ 2017-03-24 ]
... province, and Qingdao in East China's Shandong province also broke the one trillion-yuan mark for the first time last year. In terms of GDP growth rate, China's southwestern municipality of Chongqing posted the fastest economic growth of 10.7 percent in 2016, while Shenyang, c...

Four top-tier cities contribute 40% to China's $1t yuan income tax

[ 2017-03-24 ]
...top four and second-tier cities, which all received personal income taxes below 30 billion yuan. Although the southwestern city of Chengdu's GDP surpassed 1.2 trillion yuan in 2016, about half of that in Beijing, income tax revenue was only about 10 percent of the capital city's.

China's top 10 copyright events in 2016

[ 2017-03-24 ]
... Copyright-related industries generated 4.6 trillion yuan ($667 billion) in output value in 2014, accounting for 7.28 percent of China's GDP, a 0.01 percentage point higher than the previous year, according to a report unveiled in April 2016 by the Chinese Academy of Press and ...

Four top-tier cities contribute 40% to China's $1t yuan income tax

[ 2017-03-24 ]
...top four and second-tier cities, which all received personal income taxes below 30 billion yuan. Although the southwestern city of Chengdu's GDP surpassed 1.2 trillion yuan in 2016, about half of that in Beijing, income tax revenue was only about 10 percent of the capital city's.

Southern cities beat northern region in GDP growth rate

[ 2017-03-24 ]
... province, and Qingdao in East China's Shandong province also broke the one trillion-yuan mark for the first time last year. In terms of GDP growth rate, China's southwestern municipality of Chongqing posted the fastest economic growth of 10.7 percent in 2016, while Shenyang, c...

Trade surplus among benefits from a free trade ride China offers

[ 2017-03-24 ]
...trade, regional integration and globalization, countries from around the world stand to benefit from China's continuing growth. With its GDP expanding by 6.7 percent last year, China contributed 33.2 percent to global economic growth. With a goal set at around 6.5 percent growt...

Riding the wave of growth

[ 2017-03-24 ]
...oriented, create business opportunities? Although Chinese economic growth is slowing, it is still at a reasonably high level and China's GDP growth in 2016 reached 6.7 percent. If you look at the upper segment of the middle class in China, this segment of the population is actu...

Tech investor says China, Europe can create shared vision

[ 2017-03-24 ]
... of Global Webit Series. "Seven years ago, Europe produced 32 percent of the global GDP. Currently, Europe produces 23 percent of global GDP," Russev says. "We are talking about an over 30 percent decrease in the role of Europe in the world." According to Russev, the Belt and ...

Way ahead

[ 2017-03-24 ]
..., in particular, making global financial markets nervous and contributing to economic uncertainty. "Many (European) countries have lower GDP than before the crisis and for many countries, the downturn is much worse than the Great Depression. Unemployment is unacceptably high an...

IN BRIEF (Page 24)

[ 2017-03-24 ]
...r's sharing economy research branch, predicted the sharing economy's transaction volume will account for over 10 percent of the country's GDP by 2020, and that the ratio will continue to grow to roughly 20 percent by 2025. China's fast-growing sharing economy will likely generat...

It's official - money can't buy happiness

[ 2017-03-24 ]
... a sense of well-being among Chinese is on the rise after a rapid fall in the decade and a half to 2005. The report noted that, while GDP in China has increased more than fivefold over a quarter century, subjective well-being over the same period fell for 15 years before sta...

Slowing globalization 'presents many challenges'

[ 2017-03-24 ]
...nation is rather novel." Wolf says there is, however, evidence already of globalization in decline, with trade as a proportion of global GDP stagnating. "It is growing nothing like as fast as it used to be. Trade is the bedrock of globalization. It is not the biggest financ...

Four top-tier cities contribute 40% to China's $1t yuan income tax

[ 2017-03-24 ]
...top four and second-tier cities, which all received personal income taxes below 30 billion yuan. Although the southwestern city of Chengdu's GDP surpassed 1.2 trillion yuan in 2016, about half of that in Beijing, income tax revenue was only about 10 percent of the capital city's.
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