Wednesday, January 27, 2021
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Tag: Incomes

2017 GDP Figures for 20 Chinese Provinces Released

20 of China's province-level administrative entities have released their GDP figures for 2017, with the data pointing to household income growth outpacing economic expansion. As...

Beijing Economics Professor Expects China to Become High-income Nation by 2021

A professor at one of China's leading universities says that the country's economy could achieve high income status by as early as the start...

New Income Data Reveals Stark Wealth Disparities Between Chinese Regions and Sectors

The latest official income data from China points to gaping disparities in average annual incomes between the country's different regions and economic sectors. According to...

First Half GDP Up 6.9%, Incomes Rise 7.3%

China's official GDP growth rate for the first half of 2017 has edged ahead of consensus forecasts by economists. The latest official data indicates that...

IT Sector Beats Out Finance for China’s Highest Average Income

China's IT workers enjoy the country's highest average levels of remuneration as of 2016, beating out finance sector professionals. Data released by China's National Bureau of Statistics on 27...

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Chengdu to Issue 50M Yuan in Digital Renminbi via Record-sized Lottery

The Sichuan province capital of Chengdu is the latest Chinese city to stage trials for the issuance of the digital renminbi via...

Automaker Geely Establishes Fintech Investment Vehicle

Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...

China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...

Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Development

Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...