The Longest East-West High-Speed Rail Line Opened In China

China opened a major high-speed rail line linking Shanghai in the east with Kunming, the capital of Yunnan province in the SouthWest. The line is 2,264-kms in length and passes through five provinces – Zhejiang, Jiangxi, Hunan, Guizhou and Yunnan. It cuts the travel time between the cities from 34 to just 11 hours according to China Daily.     …

Continue reading ‘The Longest East-West High-Speed Rail Line Opened In China’ »

Infographic: How Internet Has Transformed Life In China

Similar to other emerging countries, the internet penetration rate is much higher in urban areas than rural areas in China. More people are also using the web and mobile phone apps to perform everyday’s activities such as reading news, managing wealth, etc. In June 2015, the percentage of people using mobile phones to trade stocks was …

Continue reading ‘Infographic: How Internet Has Transformed Life In China’ »

China’s Land and Sea Silk Roads

China is building infrastructure  not only within the country but also outside of China. Currently two major initiatives are underway to create China’s 21st century silk roads for trade and economic cooperation between the country and rest of the world. 1. China’s Land Silk Road Map This initiative involves building rails, roads and pipelines to …

Continue reading ‘China’s Land and Sea Silk Roads’ »

Global Innovation Ranking 2016: China Continues To Move Higher

China is slowly becoming a leading country in innovation. Relative to its peer countries China is far ahead in innovation and R&D spending. While a few years ago the country was known as the “shopping floor for world’s manufacturing” that is no longer the case. Because of its one-party system and the absence of some social …

Continue reading ‘Global Innovation Ranking 2016: China Continues To Move Higher’ »

The Astonishing Growth of China’s Per capita GDP

China is one of the largest economies in the world with a GDP of over $18.0 Trillion in 2015 based on Purchasing Power Parity. The Per capita GDP is $14,100 and that puts the country at 113 in the world according to CIA’s World Factbook. The above stats do not however tell how far China has come …

Continue reading ‘The Astonishing Growth of China’s Per capita GDP’ »