Focus on Henan’s Economy: Zhengzhou Metropolitan Area 2
New Urbanization: Zhengzhou metropolitan area The biggest difference between new urbanization and old urbanization in Henan province lies in the way how government promotes the urbanization of major cities. Before 21st century, the urbanization policy of Henan province was scattered and inconsistent among different cities. Government tailored the policy to the comparative advantage of each […]
Focus on Henan’s Economy: Zhengzhou Metropolitan Area 1
Presentation Henan has witnessed a rapid development in its economy since 2000, with the average growth rate even higher than the national average of 10%. In 2000, Henan’s nominal GDP was roughly reached 500 million RMB (US$ 78.57 million). In 2011, Henan’s nominal GDP was 3.20 trillion RMB (US$ 502 billion)1, making it the fifth […]
China’s Macro Economy——A Zigzag Path 2
Here come my concerns about problems that China’s economy is still facing. On one hand, although China’s large-scale lending and infrastructure spending projects have boosted domestic economy, it cannot be maintained indefinitely. The large level of borrowing will ultimately lead to a rise in non-performing loans on the balance sheets of major banks, which is […]
China’s Macro Economy——A Zigzag Path 1
Over the past several years, China has been a major contributor to the world economy. However, the global economic slowdown after 2007 had a remarkable negative impact on China’s industries that depend on FDI (Foreign direct investment) flows. Millions of workers in export sector were laid off because China’s economy heavily depends on international trade […]
Harbin Economy Introduction 3
3 Economic Growth Highlights Cultural Industry Harbin was strongly influenced by the culture of Russia. The economy and culture of Harbin grew rapidly at the end of the 19th century, when Russia built the terminus of the Middle East Railway here and later more than 160,000 foreigners from 33 countries migrated to Harbin, promoting the […]
Harbin Economy Introduction 2
Overview of Harbin Heilongjiang’s largest economy, Harbin has historically been a heavy industrial base; other industries such as petrochemicals, pharmaceuticals, foodstuff, and textiles have formed a comprehensive industrial system in the city. The city is also a major agricultural base in China and boasts a complete agricultural process chain. Additionally, China’s “Ice City” is an […]
Brief Market Research on Shengyang
General Overview on Shenyang: South Korea’s Hana Bank, the Bank of Tokyo-Mitsubishi UFJ, Hong Kong’s Bank of East Asia Ltd., Singapore’s United Overseas Bank Ltd., and HSBC Holdings Shenyang is the capital and largest city of Liaoning Province in Northeast China. Shenyang was first used by the Manchu people as their capital in the 17th […]
Brief Market Research on Shantou
General Overview on Shantou: Arche and LaFane Shantou is a coastal city and special Economic Zone in Guangdong Province in China. Its total population has reached 5,391,028 in 2010 according to the 2010 census. And the administrative area is 2,064 square kilometers large. It is the 4th largest most populated area of China after Guangzhou, […]
Brief Market Research on Harbin / Haerbin
Harbin‘s top companies: JPMorgan, HSBC, Societe Generale, Dalaware Consulting International, Sansei Pharmaceutical, Kui Hua Yao Ye, Shi Yi Tang Harbin is a major city in far-north China, with a population of 10 million and over 4 million in the city center. Harbin serves as a key political, economic, scientific, cultural and communications hub in Northeast China. And […]
Brief Market Research on Daqing
Daqing’s top companies: Rockefeller, Exxon Mobil Corp, NTT, Thales Group Daqing is home to China’s largest oil reserves. The city was founded in 1959 to house oil industry workers and workers in industries, which could see an advantage in being close to the oil supplies. It is located in the west of Heilongjiang province of Northeast […]
Brief Market Research on Hohhot
Hohhot‘s top companies: Yili, Mengniu, TCL mobile, Skyworth electronic, Qea Investment Group Co., Ltd Hohhot is the capital of Inner Mongolia and part of a metropolitan area with a population of around 2.86 million. Lots of domestic and foreign companies can be found in Hohhot such as Yili, Mengniu, TCL mobile, Skyworth electronic, Qea Investment […]
The Bao fa hu in China
How have the Chinese super-rich become super-rich? The Bao Fa Hu is the very large and powerful group of overnight millionaires or billionaires who have little “cultural worth,” . Bao Fa means “explosively rich” and Hu means “group.” Western countries call them “new money”. According to the statistics, the population of Bao fa hu […]