Beijing This Month | Business Beijing | Beijing Official Guide | Map of Beijing | Beijing - The Magnificent City | Beijing Investment Guide | Beijing Fact File
Article featured in Business Beijing, November 2006
Publication sponsored by Information Office of the Beijing Municipal Government,  Beijing Municipal Bureau of Commerce,  Development & Reform Commission of Beijing Municipality,  China Council for the Promotion of International Trade (Beijing Sub-Council)

Beijing 2008 Olympics

Arts & Culture
Beijing Basics
Business
Dining
Editorial
Health & Wellness
Love & Life
Nightlife
Shopping
Sport
Classifieds
Get by in Beijing
English 1000, Chinese 1000

Number

2006/11/14

38,000 yuan

The average annual incomes of first-year graduates in China are about 38,000 yuan (US$4,750), according to statistics compiled by the China Human Resources Web site (www.chinahr.com) reported in the Beijing Daily.

 

10.7 percent

China’s economy grew by 10.7 percent in the first three quarters of 2006, according to a report of the National Bureau of Statistics released on October 19.

 

527.9 tons

About 527.9 tons of fruit valued at US$637,000 were imported from Taiwan in the first three quarters of 2006, almost four times as much as for the same period in 2005, according to the office of the Communist Party of China (CPC) Xiamen Municipal Committee.

 

First

The world’s second largest retailer, Carrefour, opened its first suburban outlet store in China on October 28. The new store, located in Beijing’s Tongzhou District, is Carrefour’s 1,000th branch in the world and its 84th in China. Carrefour came to China in 1995.

 

US$19 billion

The Industrial and Commercial Bank of China (ICBC) raised US$19 billion in the world’s largest initial public offering after it priced the Hong Kong portion at the top end of an indicated range on October 20.

 

966 yuan

Migrant labourers in Chinese cities earned an average of 966 yuan (US$120.75) per month during 2006, according to a recent report on the living standards of migrant labourers compiled by the National Bureau of Statistics. The report also indicated that half of the labourers earned less than 800 yuan (US$100) a month and that most of them have no insurance.

 

7 million

More than seven million tickets will be issued for the 2008 Olympics, more than for the 2004 Athens Olympics. About 70 percent of the tickets will be sold at home with the remainder earmarked for foreign visitors, according to the Beijing Organizing Committee of the Games of the XXIX Olympiad on October 26.

 

138.3 billion kilowatt-hours

The massive Three Gorges Project, the world’s largest hydropower plant, had generated 138.3 billion kilowatt-hours of electricity as of 9 a.m. on October 29, according to an official in charge of the project.

 

US$34 billion

The 100th Session of the Chinese Export Commodities Fair (CECF), also known as the Guangzhou Fair, ended on October 30 with an estimated US$34.06 billion in deals concluded. The biannual fair has been held in the spring and autumn in the southern business hub of Guangzhou since 1957.



 
*