BEIJING - Chinese consumers continued to show more willingness to spend as well as optimism about personal income growth and employment opportunities thanks to a stabilizing economy, according to a survey. China's Consumer Confidence Index (CCI) reached 112 points in the second quarter of 2017, up two points from last quarter and the highest score since Q4 2013, according to the latest survey from global market research firm Nielsen.Nielsen's CCI measures perceptions about local job prospects, personal finance and immediate spending intentions. Consumer confidence levels above and belo...
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2017
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CHANGSHA - More than 700 residents in a central China village were evacuated Saturday as a dam above it was breached during heavy rain and landslides. Heavy rain has pounded parts of Hunan Province since Friday. At a village in Yueyang County, rain-triggered landslides clogged the floodway of a dam, causing a surge of water in the dam and collapsing the dam wall, the local government reported. Dozens of houses were flooded, but there were no casualties as all villagers were evacuated in time, it said. Across the province, floods trapped hundreds in the county of Pingjiang and the city of Jisho...
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2017
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A high-level think tank has suggested the population of the Xiongan New Area, a new economic zone about 100 kilometers southwest of Beijing, should be capped at 5 million, the Beijing News reported Saturday.The report by the think tank affiliated to the Chinese Academy of Social Sciences said the population density of the new area should not be too high with an initial population of about 1 million and a long-term limit of 5 million. The report said Xiongan will primarily serve as a new home for Beijing's "non-capital" functions, while driving the development of neighboring Hebei...
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2017
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CHANGCHUN -- What would you do if a bucket of coins were placed right in front you? In China, the "coin bucket challenge" has caused quite a stir.Such coin buckets full of one yuan coins (1 yuan equals 15 US cents) have popped up in front of subway stations, and on overpasses and walking streets in many cities in China. A billboard is placed beside the bucket, which reads: Help yourself if in need, but take no more than 5 yuan.According to the National Business Daily, a coin bucket was recently placed in a subway station near one of the busiest streets in Chengdu, capital of southwes...
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2017
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Chinese tourists are spending more money on upgraded travel experiences when they go abroad, and more people are willing to take in-depth, individualized and customized trips, according to a report released this week by the China Tourism Academy and Ctrip.com travel agency."The middle class, who are the backbone of the outbound tourism market in China, are more willing to slow down their travel pace and enjoy in-depth travel experiences, no matter if it is in accommodations, eating, shopping or cultural consumption," said Dai Bin, director of the China Tourism Academy."More peop...
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2017
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