NUMBERS

<正>($1=6.12 yuan)2.6%Profit growth for Chinese industrial enterprises above the designated size—principal business revenue of more than 20 million yuan($3.15 million)—in April,reversing the0.4-percent dip in March 100 bln yuan Value of a subway transportation fund set up by Chinese real estate     

Home More Than Home

BRAND NEW SERVICED RESIDENCES IN BEIJING OPENING SUMMER 2008 HOTEL INFORMATION Nestl Donated Money and Products to Sichuan Disaster Zone Nestl(China)Ltd.announced on May 16 that it has donated money and Nestle products, altogether amounting to more than 8.5 million yuan($1.2 million)to people in the earthquakehit area in Sichuan Province.Nestl expressed     

ECONOMY

<正>Crowdfunding Example China’s largest dark horse movie this summer,Monkey King:Hero Is Back amassed 700 million yuan($112.7 million)in ticket sales as of July 28,beating Kung Fu Panda 2 as the top-grossing animated film in Chinese cinemas.The film’s novel fundraising channel have impressed many Chinese moviegoers when Monkey King presented a long producer list that included 109 children,whose parents pooled their money to aid in the movie’s marketing.More inspiring is the news that the parents,who have invested a total of 7million yuan($1.1 million),will get more     

AFRICAN PAVILIONS OPEN FOR BUSINESS Beijing Garden Expo’s International Exhibition Area still developing

The Beijing Garden Expo is flourishing,attracting between 30,000 and 40,000 visitors a day, translating into 3 million yuan ($489,300) to 4 million yuan ($652,400) in entrance fees every day. While most of these attendees are drawn to the large gardens representing various Chinese cities and provinces, one corner of the expo offers savvy visitors a chance to see some more international sights.     

Yun Zhong Jun and Da Si Ming（Deity of Clouds and Great Master of Fate）

Market Value: In 1995, the Beijing Hanhai Art Auction Co., Ltd. sold this painting for 3.96 million yuan (US $480,000). At the China Guardian Auctions Company's Autumn Auction in 2004 it sold for 18.70 million yuan (US $2.25 million).Artistic Value: Yun Zhong Jun and Da Si Ming was created in 1954. Fu Baoshi started painting figures after his relocation to Sichuan Province in the 1930s. He was less prolific in this genre than in landscapes, but nevertheless developed and retained a distinctive style. Extensively cultured in Chinese history and classical     

Better Economy Provides Bigger Space for Reform

<正>Figures from the National Bureau of Statistics reveal that the Chinese economy performed in a stable manner and had good momentum for growth in August.In the month,the output of industrial enterprises above the designated size——an annual revenue from their main business operations of 20 million yuan($3.04 million)——grew 6percent in real terms.Moreover,in the first     

Back to Profit

Struggling retailer Gome Electrical Appliances Holding Ltd.was back in the black during the first half of the year,amid a restructuring plan by the brick-and-mortar retailer to expand its ecommerce business.The Chinese company,which is backed by private equity firm Bain Capital,said in an unaudited earnings flash on August 28 that it posted a 322 million yuan($52.25 million)profit in the     

FACTS AND FIGURES IN TIBET 2007

Total retail sales figures for consumer goods reached 11.2 billion yuan($1.59 billion)in 2007,up 24.9 percent year-on-year over the previous year.The output growth of Tibet's industry sector hit 2.6 billion yuan($368.8 million),increasing by 17.7 percent from the previous year. Urban per capita disposable income reached 10,720 yuan ($1,521).The average net income of farmers and herdsmen stood at 2,788 yuan($395),up 14.5 percent year-on-year. A total of 697 million yuan($99 million)went toward social causes in the Tibet Autonomous Region,of which 472 million yuan($67 million)was invested in education to build 39 standard     

Classic Movie,New Success

正Titanic 3D,a retouched version of the 1997 Hollywood blockbuster,swept the Chinese box office by raking in 500 million yuan($79 million) in the first week(April 10-16) of its release,according to the China Film News. It is a new record high in terms of firstweekboxofficerevenueinChina.Moviegoers have to queue for hours to get a ticket.It took nine days for Transformers to hit this figure     

A Big Miracle

The low-budget comedy Lost in Thailand has raked in 1.1 billion yuan($177 million) since its debut on December 12,making it the highest-grossing domestic film in history. It also overtook James Cameron’s 3D Titanic as the top-earning film in Chinese theaters in 2012.With local enthusiasm for the movie still     

Face the Facts,It''''s Just Fiction

The Da Vinci Code gets tills ringing and arouses the curiosity of the Chinese toward Catholicism When China dropped the curtain on The Da Vinci Code, June 9, the blockbuster had already raked in over 104 million yuan, 40 million yuan more than what was anticipated, according to the movie's distributor Huaxia Films. The take was streets ahead of other recent Hollywood films shown on Chinese screens, which average out at around 40     

Branding Innovation and Exploration

Shaanxi Automobile Group Co.Ltd.is a large Chinese state-owned enterprise. Thirty years of hard work has solidi- fled its standing in the automobile industry as a pillar enterprise.At pre- sent,it boasts a total of 20 subsidiaries and 160,000 employees.The annual output of the group has toppled 68,000 units,with 17 billion yuan (＄2.3 billion) of production value.Annually it has sales revenue of 15 billion yuan (＄2 bil- lion) and generates tax revenue of 650 million yuan (＄87.8 million).All these     

CULTURE INFORMATION

Oil painting 200cm×130cm Value estimated:1.8-2.8 million yuan Light of the Art,under the guidance of famous Chinese modern artist Wu Guanzhong,describes a scene of Chinese and world famous art masters talking With each other about the essence of art.Persons in the painting are (from left to right) modern painter Miro (Spain),cubism artist Pablo Picasso (Spain),     

PEOPLE & POINTS

正MOVIE STAR’S TAX SCANDALFamous Chinese actress Fan Bingbing, who has featured in dozens of movies and TV series, has been ordered to pay taxes and fines worth 883 million yuan ($127 million) over tax evasion.Tax authorities said they started investigating Fan in early June after receiving information from members of the public that Fan had evaded tax through contract frauds.In a publicly released letter of apology, the 37-year-old said she felt     

Initial D

Initial D became the biggest winner of the movies shown in China in June. It broke two records in the first week. It grossed 35 million yuan at the box office, which exceeds the first-week-box-office of Star Wars Episode Ⅲ: Revenge of the Sith, at 28 million yuan, and A World without Thieves, at 33 million yuan. This number becomes the new box office record of movies made-in-China and of movies released on a Tuesday.     

Questioning Reality

<正>If you were a movie star and had a choice—act in a movie for months for 20 million yuan($3.17 million)or spend half a month shooting a television show with your child for40 million yuan($6.35 million)—the answer’s pretty much a no-brainer.Several celebrities are making that very choice.On August 15,the newspaper     

NUMBERS

正2.3%Decrease in profits of industrial enterprises above a designated size—principal business revenue of more than 20million yuan a year-in2015620 mln Number of Chinese that had used mobile phones to access the Internet as oftheendof2015172 mln Car ownership in China by the end of 2015,with23.85 million new cars registered in 2015$4.5 bin Investment received by Chinese mobile Internet startups in 2015,up 69.4percent from a year earlier     

Tongrentang Enjoying Successful Overseas Development

<正>Sales revenue for China’s time-honored traditional Chinese medicine(TCM)producer Tongrentang,which has a history reaching back 342 years,hit 13 billion yuan($2 billion) in 2010,with profit of 1 billion yuan($153 million).Overseas development was another high-light of its development with export earnings reaching$28 million.By far,Tongrentang has been China’s top exporter of Chinese patent drugs for 11 years.Today,Tongrentang has set up two sole     

Cut the Fat

As the Central Government attempts to reduce official spending, the public remains hungry for details China’s Central Government has drawn up a budget of nearly 7.97 billion yuan ($1.29 billion) for official receptions, overseas trips and vehicles in 2013, 126 million yuan ($20 million) less than the amount spent in 2012, following the government’s vow to clamp down on extravagance. Leading by example Hunting for details     

Finding the Breakthrough for Chinese Film

AT the end of 2001, the film, Big Shot's Funeral, amazed the whole of Chinese moviedom by its 37 million yuan box office success. Invested by Columbia (Asia) Co., Ltd., and directed by celebrated Chinese director Feng Xiaogang, the film is about a few Chi…