Category Archives: China Economy

The Chinese Way of Life in Modern China

Today, the way of life in China is not different at all from that anywhere else in the world due to Western influence. You can see in China today modern apartment complexes and towering high-rise buildings as well as modern style homes. Clothing in China is very similar to that of the Western culture now. [...]

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The Story of “Shanghai Tang”

In 1994, an internationally known businessman opened a designer boutique shop in Hong Kong, called “Shanghai Tang.” The shop specialized in distinctive Chinese style clothes to satisfy the eager of seeking a cultural identity before Hong Kong’s return to China, and thus found its instant success. After 1995, branches were opened in New York, London [...]

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Western China Development (2)

The economic growth in western China is accelerating and income of people is rising. In 2000-2004, the GDP in the region averaged an annual growth of 10.2%, narrowing the gap with the national average. The fixed assets investment in the region averaged an annual growth of 20%, far higher than the 7.4% before the development [...]

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