Thursday, October 29, 2020
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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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Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...

China’s Digital Trade Surplus Rises 46.1%

A new report points to a surge in China's digital trade surplus in 2019, as Beijing steps up efforts to drive the...

Xiamen Bank Shares Rise over 40% on First Day of Trading in Shanghai, 17 Other Lenders Await A-share IPO’s

Fujian province lender Xiamen Bank has seen shares surge over 40% on its first day of trading, boding well for over a...

Shanghai Launches Insurance Blockchain Innovation Centre

Shanghai has just seen the establishment of a new insurtech research institute that focuses on blockchain applications.