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The Chinese Domestic Databases market size is set for robust growth, projected to grow from USD 2 billion in 2023 to USD 6.5 billion by 2032, reflecting an impressive CAGR of 13.5%. This growth is driven by the increasing demand for data sovereignty, technological advancements, and regulatory support from the Chinese government. The market is primed for expansion, propelled by factors such as the burgeoning digital economy, increased cloud adoption, and the strategic focus on indigenous technological advancements.
One of the primary growth factors for the Chinese Domestic Databases market is the increasing emphasis on data sovereignty and security. With the Chinese government imposing stringent regulations on data storage and management, domestic companies are compelled to utilize local databases to ensure compliance. This has created a favorable environment for the growth of domestic database providers who are tailored to meet these unique requirements. Additionally, the rise in cyber threats has further driven the need for secure and reliable database solutions, contributing significantly to market growth.
Technological advancements and innovation within the database industry are also pivotal growth drivers. The rapid development of Artificial Intelligence (AI) and Machine Learning (ML) technologies has allowed for more efficient and intelligent database management systems. Innovations in data handling, processing speed, and storage capabilities provide a significant competitive edge to domestic databases over international counterparts. Furthermore, the integration of AI and ML with databases enables advanced analytics and insights, helping businesses make more informed decisions, thus driving the market forward.
The digital transformation across various sectors in China has also fueled the demand for robust database solutions. Sectors such as finance, healthcare, and retail are increasingly relying on digital platforms for their operations, necessitating sophisticated and reliable databases to manage vast amounts of data. The push towards a digital economy by the Chinese government, coupled with initiatives like the "New Infrastructure" program, which focuses on the development of digital infrastructure including big data centers, has significantly boosted the demand for domestic databases.
Regionally, East China dominates the market due to the presence of major economic hubs like Shanghai and Hangzhou, which are home to numerous technology companies and data centers. North China, with Beijing as its central hub, also plays a significant role in the market due to the concentration of governmental bodies and financial institutions that demand secure and compliant database solutions. South China, particularly Shenzhen, is another critical region, given its prominence as a technology and innovation hub. Central China and other regions are gradually catching up as investments in digital infrastructure spread across the country. Overall, the regional dynamics of the Chinese Domestic Databases market present a diverse and rapidly evolving landscape.
The Chinese Domestic Databases market comprises various types, including Relational Databases, NoSQL Databases, NewSQL Databases, and others. Relational Databases have been the cornerstone of the database industry for decades, offering structured data storage and easy retrieval through SQL queries. Despite their age, they remain highly relevant due to their robustness, reliability, and the vast ecosystems that have developed around them. In China, relational databases continue to be widely adopted across various industries, particularly in sectors like finance and government, where data accuracy and consistency are paramount.
NoSQL Databases have gained significant traction in recent years due to their flexibility, scalability, and ability to handle unstructured data. Unlike traditional relational databases, NoSQL databases can seamlessly manage large volumes of diverse data types, making them ideal for applications in big data and real-time web applications. In China, the adoption of NoSQL databases is particularly prominent in the e-commerce and social media sectors, where the ability to scale out horizontally and handle high-velocity data is crucial.
NewSQL Databases represent a hybrid approach that combines the best features of traditional relational databases and NoSQL databases. They offer the scalability and flexibility of NoSQL while maintaining the ACID (Atomicity, Consistency, Isolation, Durability) prope
According to preliminary figures, the growth of real gross domestic product (GDP) in China amounted to 5.0 percent in 2024. For 2025, the IMF expects a GDP growth rate of around 3.95 percent. Real GDP growth The current gross domestic product is an important indicator of the economic strength of a country. It refers to the total market value of all goods and services that are produced within a country per year. When analyzing year-on-year changes, the current GDP is adjusted for inflation, thus making it constant. Real GDP growth is regarded as a key indicator for economic growth as it incorporates constant GDP figures. As of 2024, China was among the leading countries with the largest gross domestic product worldwide, second only to the United States which had a GDP volume of almost 29.2 trillion U.S. dollars. The Chinese GDP has shown remarkable growth over the past years. Upon closer examination of the distribution of GDP across economic sectors, a gradual shift from an economy heavily based on industrial production towards an economy focused on services becomes visible, with the service industry outpacing the manufacturing sector in terms of GDP contribution. Key indicator balance of trade Another important indicator for economic assessment is the balance of trade, which measures the relationship between imports and exports of a nation. As an economy heavily reliant on manufacturing and industrial production, China has reached a trade surplus over the last decade, with a total trade balance of around 992 billion U.S. dollars in 2024.
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The IT Services industry in China has performed well over the past five years, due to the application of new technologies, like cloud computing, big data, AI and the Internet of Things. The growth in IT investment and of China's information sector has boosted industry demand. Industry revenue is expected to grow at an annualized 8.2% over the five years through 2025, to total $448.2 billion. This trend includes anticipated growth of 3.0% in the current year.Industry revenue increased slower in 2022, mainly because the aggravated COVID-19 epidemic in the year has led to delays in project delivery. Reduced budget from government customers also resulted in weaker industry demand, due to the large expenditures on the protection and control measures.Although the IT services industry in China is still relatively new, it has been expanding quickly. The Chinses Government attaches great importance on the development of information sector, which stimulated the demand for IT services. Strong government supports on digital economy and the construction of digital China have created a favorable condition for the development of the industry and will increase the demand for IT services.The industry's outsourcing and offshoring service segment experienced the stable growth over the past five years, boosted by government support. Industry exports will increase at an average rate of 4.5% in the five years to 2025. Exports as a share of industry revenue is expected to total 4.1% in 2025.Industry revenue is forecast to grow at an annualized 4.0% over the five years through 2030, to total $546.5 billion. The recovery of Chinese economy, the improvement of IT equipment and software technologies and the accelerated digital transformation in both government and private sectors are anticipated to remain the most important drivers for the industry's development. New technologies, like cloud computing, big data, AI and the Internet of Things, will also continue to motivate industry development.The industry is highly fragmented and has a low concentration level. The top four participants will jointly account for 2.1% of industry revenue in 2025. Industry concentration level is forecast to increase over the next five years, as large IT services firms acquire smaller local providers to gain market share in the growing small- and medium-sized business market segment.
According to a survey conducted by Statista Consumer Insights, most people were satisfied with their personal economic situation as of September 2024, with 78 percent of respondents giving a positive answer. Notably, Generation Z was the least optimistic generation, with seven percent of respondents from this age group evaluating their financial status as negative or very negative.
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China is now in the process of building its national carbon emissions trading scheme (ETS). Data are the foundation for the design and operation of an ETS. This paper presents a comparative analysis of the data requirements for China’s national ETS construction and the existing ETS-related data for enterprises in China. In doing so, it identifies the underlying data gap in building China’s national ETS in terms of data availability and data quality. Based on the experiences of international ETSs, and experiences at national and pilot levels in China, we propose two short-term strategies and four long-term solutions to meet the challenges from technical and management perspectives. Key policy insightsThe major data requirements for China’s national ETS can be categorized into six groups: production, emissions, technology, management, economy and policy data.The ETS-related data are generally available in China except for parts of data on emissions, such as energy carbon content and the oxidation factor.The data challenges that are faced by China’s national ETS include differences in corporate data availability and imperfect data quality.Short-term strategies to address the challenges include establishing data collection guidelines based on existing data and prioritizing major emissions or sectors with better data for inclusion under the ETS.Long-term solutions to address the challenges include introducing the concept of tiers, clarifying data sources and introducing a monitoring plan, conducting MRV capacity building and establishing a rigorous third-party verification system. The major data requirements for China’s national ETS can be categorized into six groups: production, emissions, technology, management, economy and policy data. The ETS-related data are generally available in China except for parts of data on emissions, such as energy carbon content and the oxidation factor. The data challenges that are faced by China’s national ETS include differences in corporate data availability and imperfect data quality. Short-term strategies to address the challenges include establishing data collection guidelines based on existing data and prioritizing major emissions or sectors with better data for inclusion under the ETS. Long-term solutions to address the challenges include introducing the concept of tiers, clarifying data sources and introducing a monitoring plan, conducting MRV capacity building and establishing a rigorous third-party verification system.
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Abstract (en): The purpose of this project was to measure and estimate the distribution of personal income and related economic factors in both rural and urban areas of the People's Republic of China. The principal investigators based their definition of income on cash payments and on a broad range of additional components. Data were collected through a series of questionnaire-based interviews conducted in rural and urban areas at the end of 2002. There are ten separate datasets. The first four datasets were derived from the urban questionnaire. The first contains data about individuals living in urban areas. The second contains data about urban households. The third contains individual-level economic variables copied from the initial urban interview form. The fourth contains household-level economic variables copied from the initial urban interview form. The fifth dataset contains village-level data, which was obtained by interviewing village leaders. The sixth contains data about individuals living in rural areas. The seventh contains data about rural households, as well as most of the data from a social network questionnaire which was presented to rural households. The eighth contains the rest of the data from the social network questionnaire and is specifically about the activities of rural school-age children. The ninth dataset contains data about individuals who have migrated from rural to urban areas, and the tenth dataset contains data about rural-urban migrant households. Dataset 1 contains 151 variables and 20,632 cases (individual urban household members). Dataset 2 contains 88 variables and 6,835 cases (urban households). Dataset 3 contains 44 variables and 27,818 cases, at least 6,835 of which are empty cases used to separate households in the file. The remaining cases from dataset 3 match those in dataset 1. Dataset 4 contains 212 variables and 6,835 cases, which match those in dataset 2. Dataset 5 contains 259 variables and 961 cases (villages). Dataset 6 contains 84 variables and 37,969 cases (individual rural household members). Dataset 7 contains 449 variables and 9,200 cases (rural households). Dataset 8 contains 38 variables and 8,121 cases (individual school-age children). Dataset 9 contains 76 variables and 5,327 cases (individual rural-urban migrant household members). Dataset 10 contains 129 variables and 2,000 cases (rural-urban migrant households). The Chinese Household Income Project collected data in 1988, 1995, 2002, and 2007. ICPSR holds data from the first three collections, and information about these can be found on the series description page. Data collected in 2007 are available through the China Institute for Income Distribution. The purpose of this project was to measure and estimate the distribution of personal income in both rural and urban areas of the People's Republic of China. The study was interview-based. Five main questionnaire forms (Urban, Rural, Rural Migrant, Social Network, and Village) were filled in by interviewers at the various locations, based on questions asked of respondents. Individuals were not all interviewed directly; household members were allowed to answer questions on behalf of other members. In addition, interviewers made some direct observations about the households. Respondents in datasets 1-4 and 6-10 were members and heads of households. In dataset 5, respondents were village representatives: for each village, interviewers asked questions of the party branch secretary, the head of the village committee, or the village accountant. Village authorities were encouraged to use existing statistical data where it was available. All datasets contain a wide range of demographic and economic variables, including income, assets, liabilities, and expenditures. Cases are coded such that individuals can be linked to the information about their households and villages in other datasets. Datasets about individuals (datasets 1, 6, and 9) all include demographic variables such as household composition, gender, age, nationality, marital status, party membership, educational history, and health information. Dataset 1 is about individuals living in urban areas. It contains standard demographic variables as well as economic variables such as medical insurance and expenditures, economically productive social contacts, and employment information including occupation, sector, income, hours, conditions, job history, and training. Dataset 2 is about households in urban areas...
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The China digital transformation market is experiencing explosive growth, projected to reach $221.95 million in 2025 and exhibiting a Compound Annual Growth Rate (CAGR) of 13.10% from 2025 to 2033. This robust expansion is fueled by several key drivers. Firstly, the Chinese government's strong push for digitalization across all sectors, coupled with significant investments in infrastructure like 5G and cloud computing, is laying a solid foundation for widespread adoption. Secondly, the burgeoning e-commerce and fintech sectors are driving demand for advanced digital solutions. The increasing adoption of technologies like Artificial Intelligence (AI), the Internet of Things (IoT), and cloud computing across manufacturing, healthcare, finance, and other key industries further accelerates market growth. Furthermore, the rise of smart cities initiatives and the increasing focus on data analytics for improved operational efficiency contribute significantly to market expansion. Competition is fierce, with leading technology companies like Alibaba, Tencent, and Huawei vying for market share. While data privacy concerns and cybersecurity challenges pose potential restraints, the overall outlook for the China digital transformation market remains overwhelmingly positive. The market segmentation highlights the diverse applications of digital transformation in China. The "Analytic" segment, encompassing key growth areas like use case analysis and market outlook, holds significant promise due to the increasing reliance on data-driven decision-making. Extended Reality (XR), Industrial Robotics, and Additive Manufacturing/3D Printing are experiencing rapid adoption across manufacturing and other industries. The increasing interconnectedness of devices through IoT and the growing adoption of blockchain technology for enhanced security and transparency further contribute to market expansion. Significant investments in cybersecurity solutions are becoming crucial, reflecting the growing awareness of potential threats. Cloud and Edge computing solutions are crucial infrastructure components enabling seamless digital transformation. Regional analysis suggests that China itself constitutes the majority of the market, driven by the factors mentioned above. The forecast period of 2025-2033 indicates continued strong growth, propelled by sustained technological advancements and government support. This creates lucrative opportunities for both domestic and international players in the digital transformation space. Recent developments include: July 2024 - KEERY International and Z-ONE Global reached a strategic agreement to jointly promote emerging cybersecurity technologies in China, focusing on their application and implementation in Europe and Central Asia markets. This growth has fostered the emergence of over 1,000 vendors offering more than 160 different types of products. China's key tech companies are expanding beyond domestic borders to the global market, providing cybersecurity products and services to users worldwide. This global outreach aims to combat cyber threats and protect the security of the digital ecosystem., May 2024 - Inspur signed strategic cooperation agreements with Malaysia's large data center operator and Singapore's A3 Capital to jointly promote the development of the data center industry in Southeast Asia. As per the agreement, Inspur share resources with it and complement each other's advantages in MEP (Mechanical, Electrical & Plumbing) engineering construction, supply chain, customer introduction and other aspects related to data centers, so as to jointly improve the development plan of data centers in Malaysia. At present, Inspur has built seven core data centers and 62 secondary data centers in China and participated in the construction of commercial data centers in Singapore and Malaysia.. Key drivers for this market are: Increase in the adoption of big data analytics and other technologies in the region, The rapid proliferation of mobile devices and apps. Potential restraints include: Increase in the adoption of big data analytics and other technologies in the region, The rapid proliferation of mobile devices and apps. Notable trends are: Additive Manufacturing/3D Printing Augment the Market Growth.
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The China supply chain finance market is experiencing robust growth, driven by the country's expanding e-commerce sector, increasing reliance on global trade, and the government's initiatives to improve supply chain efficiency. With a Compound Annual Growth Rate (CAGR) exceeding 10% and a substantial market size (precise figures unavailable but estimated to be in the billions based on global trends and reported CAGR), the market presents significant opportunities for both established financial institutions and fintech companies. Key segments driving growth include export and import bills financing, letters of credit, and performance bonds, particularly within large enterprises and international applications. While data for specific market values are limited, the consistently high CAGR indicates a positive outlook for the foreseeable future. The market's growth is fueled by the increasing complexity of global supply chains, requiring sophisticated financing solutions to manage inventory, payments, and risks associated with cross-border transactions. Banks remain dominant players, but the rise of specialized trade finance houses and fintech solutions is challenging this traditional dominance, offering more agile and technology-driven alternatives. However, challenges remain. Stringent regulatory requirements, potential credit risks associated with SMEs, and the need for improved digital infrastructure in certain regions could hinder market growth. The market's future success hinges on the ability of providers to adapt to evolving technological advancements, enhance risk management capabilities, and cater to the specific financing needs of diverse businesses across different industries. The ongoing development of China's domestic market and its continued integration into the global economy further reinforces the long-term growth potential of the supply chain finance market. This makes it a strategically important sector for investors and businesses alike. Recent developments include: October 2023: DBS launched its first hybrid financing solution to help small and medium enterprises (SMEs) access a wider pool of capital to finance their sustainability journeys., May 2022: Zhongyuan Bank Co., Ltd. (SEHK:1216) acquired Bank of Luoyang Co. ,Ltd., Bank of Pingdingshan Co., Ltd,. and Bank of Jiaozuo China Travel Services Co., Ltd. on The transaction has received approval from The China Banking and Insurance Regulatory Commission. The Bank also obtained the anti-trust clearance in connection with the Merger by Absorption by State Administration for Market Regulation of PRC, December 2022: Citi announced that it would wind down its consumer banking business in China which is part of its broader global strategy refresh to exit consumer franchises in 14 markets in Asia, Europe, the Middle East and Africa, and Mexico.. Notable trends are: Incorporation of New Novel Technologies.
In 2024, the employment rate in China decreased to around 62.4 percent, from 62.8 percent in the previous year. China is the world’s most populous country and its rapid economic development over the past decades has profited greatly from its large labor market. While the overall working conditions for the Chinese people are improving, the actual size of the working-age population in China has been shrinking steadily in recent years. This is mainly due to a low birth rate in the country. Economic slowdown – impact on labor market After decades of rapid development, the world’s second largest economy now seems to have difficulties to boost its economy further. The GDP growth rate indicated a declining trend over the last decade and the number of employed people decreased for the first time since decades in 2015. Under the influence of the global economic downturn, the coronavirus pandemic, and the US-China tensions, many Chinese enterprises are having tough times, which leads to a recession in China’s labor market. Chances for better employment situation The long-lasting Sino-U.S. trade war has caused China great loss on its international trade sector, which has been driving China’s economic growth for decades. However, there is also a lot China could improve. First, the potential of domestic demands could be further developed and satisfied with high-quality products. Second, it’s a good timing to eliminate backward industries with low value added, and the high-tech and environment-friendly industries should be further promoted. In addition, China’s market could be more open to services, especially in the financial sector and IT services, to attract more foreign investors. Highly skilled talents should be better valued in the labor market. Efficient vocational education and further education could also help change the structure of China’s labor market.
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Inflation Rate in China increased to 0.10 percent in June from -0.10 percent in May of 2025. This dataset provides - China Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The green economy has been advocated globally as a solution to environmental issues. In China, it is considered a national strategy for future economic development. This study utilizes methods such as Industry Network, Maximum Spanning Tree (MST) method, Leiden Community Clustering (LCC) algorithm, and Weaver-Thomas (WT) model to explore the contribution and position of the green economy and industries in China’s economic development. The findings are as follows: (1) The density of China’s green industry network has experienced a process of initially tightening and then loosening, ultimately tending towards stability. (2) The trunk structure of China’s industrial network remains relatively stable, forming an industrial structure with electricity, heat production and supply as the core. (3) China’s industrial and green industry communities continue to improve and become more cohesive, but some green industries are still on the periphery of communities. (4) The ability of green industries to pull other industries is weak, and the subsequent promotion momentum needs to be improved. However, the green industry still has enormous room for growth and potential to unleash its long-term positive multiplier effects. More attention and support need to be given by managers and decision-makers, so that it can make better contributions to society and the economy.
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China SPI: Pillar 1 Data Use Score: Scale 0-100 data was reported at 73.400 NA in 2023. This stayed constant from the previous number of 73.400 NA for 2022. China SPI: Pillar 1 Data Use Score: Scale 0-100 data is updated yearly, averaging 50.000 NA from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 83.400 NA in 2021 and a record low of 40.000 NA in 2009. China SPI: Pillar 1 Data Use Score: Scale 0-100 data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s China – Table CN.World Bank.WDI: Governance: Policy and Institutions. The data use overall score is a composite score measuring the demand side of the statistical system. The data use pillar is segmented by five types of users: (i) the legislature, (ii) the executive branch, (iii) civil society (including sub-national actors), (iv) academia and (v) international bodies. Each dimension would have associated indicators to measure performance. A mature system would score well across all dimensions whereas a less mature one would have weaker scores along certain dimensions. The gaps would give insights into prioritization among user groups and help answer questions as to why the existing services are not resulting in higher use of national statistics in a particular segment. Currently, the SPI only features indicators for one of the five dimensions of data use, which is data use by international organizations. Indicators on whether statistical systems are providing useful data to their national governments (legislature and executive branches), to civil society, and to academia are absent. Thus the dashboard does not yet assess if national statistical systems are meeting the data needs of a large swathe of users.;Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators);Weighted average;
The data deposited as part of this project includes data from research on UK smart city case studies in the form of reports and interview transcripts, as well as notes of what data was used in which project publication outputs. Data from a small qualitative survey of UK smart city activity in the form of policy reports is also included. The collection includes data from field research in Tianjin, conducted by researchers at Cardiff University in the form of field notes and notes from interviews.
Europe and China both face the challenges of climate change and associated environmental degradation, and of finding ways in which to promote economic transition away from carbon-intensive economic and consumption patterns, and towards a green economy. The city is where these challenges are centred, and where solutions have to be found: cities are both producers of environmental externalities, and the locations where the negative effects of climate change will be felt most acutely. A promising approach focuses on treating new and existing cities as 'experimental areas' where transitions to a green economy can be trialled. Eco-cities and smart cities have been proposed as potential solutions to the need for a green economy: they are seen as 'socio-technical experiments' which are potential drivers for local, national and international environmental socio-economic change and transition. Both China and several European countries are actively engaged in planning and building experimental cities focused on the green economy. Many of these projects combine elements of eco-city planning (focusing on the visible 'hardware' of environmental sustainability: planning, architecture, renewable energy and smart grid technologies, etc.), with 'smart city' planning (focusing is on 'software': information systems, social capital, knowledge transfer, etc.). We propose analysis of what we call the 'smart eco-city', defined as an experimental city which functions as a potential niche where both environmental and economic reforms can be tested and introduced in areas which are both spatially proximate (the surrounding region) and in an international context (through networks of knowledge, technology and policy transfer and learning). The aim of this project is to provide the first systematic comparative analysis of green economy-focused eco-city projects in China and Europe. This will inform the identification of opportunities and pathways for shaping national and collaborative international urban and economic policy responses, engaging the state, the business sector and communities in delivering 'smart eco-city' projects that can promote the growth of the green economy. The research addresses key issues: a.) how experimental cities have fared in terms of promoting successful transitions to a green economy in Europe and China since 2000; b.) how to evaluate success in smart eco-city initiatives; c.) what are the main obstacles to successful projects d.) what generalizable lessons can be drawn from successful smart eco-cities, in socio-economic and policy terms; e.) how knowledge can be effectively shared across the context of European and Chinese urban-economic policymaking for smart eco-cities. In order to address these crucial issues our team will carry out international, interdisciplinary multi-method research which will include a total of eight in-depth smart eco-city case studies in China, the UK, Germany, the Netherlands, and France. This will involve documentary research as well as interviews with European and Chinese policymakers, business people, financiers, local communities and other stakeholders. The project will also involve research aimed at building the first qualitative-quantitative database of smart eco-city projects: this will form the backbone of our policy toolkit and will be a state-of-the-art contribution to current knowledge on smart- and eco-city planning and policy.
In May 2025, the index for consumer confidence in China ranged at ** points, up from **** points in the previous month. The index dropped considerably in the first half of 2022 and performed a sideways movement during 2023 and 2024. Consumer confidence Index The consumer confidence index (CCI), also called Index of Consumer Sentiment (ICS) is a commonly used indicator to measure the degree of economic optimism among consumers. Based on information about saving and spending activities of consumers, changes in business climate and future spending behavior are being projected. The CCI plays an important role for investors, retailers, and manufacturers in their decision-making processes. However, measurement of consumer confidence varies strongly from country to country. As consumers need time to react to economic changes, the CCI tends to lag behind other indicators like the consumer price index (CPI) and the producer price index (PPI). Development in China As shown by the graph at hand, confidence among Chinese consumers picked up since mid of 2016. In October 2017, the CCI hit a record value of 127.6 index points and entered into a sideward movement. Owing to a relative stability in GDP growth, a low unemployment rate, and a steady development of disposable household income, Chinese consumers gained more confidence in the state of the national economy. Those factors also contribute to the consumers’ spending power, which was reflected by a larger share of consumption in China’s GDP. After the outbreak of the coronavirus pandemic, consumer confidence dropped quickly in the beginning of 2020, but started to recover in the second half of the year, leading to a v-shaped movement of the index in 2020.
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The China Transportation Infrastructure Construction Market is experiencing robust growth, projected to maintain a 7.00% Compound Annual Growth Rate (CAGR) from 2025 to 2033. This expansion is fueled by several key drivers. Firstly, the government's continued emphasis on improving connectivity across the vast nation necessitates significant investment in roads, railways, airports, and ports. Secondly, rapid urbanization and industrialization are driving demand for efficient transportation networks to support economic activity and population movement. Thirdly, technological advancements in construction techniques and materials are enhancing project efficiency and reducing overall costs. While challenges remain, such as land acquisition issues and environmental concerns, the strong governmental support and ongoing infrastructure development plans largely outweigh these constraints. The market is segmented by mode of transportation, with roadways likely holding the largest market share, followed by railways and subsequently airports and ports. Major players like China State Construction Engineering and China Railway Group dominate the landscape, leveraging their extensive experience and resources to secure significant projects. The market's robust growth trajectory is expected to continue, driven by ongoing governmental initiatives and the increasing need for advanced transportation solutions in a rapidly developing economy. The forecasted market size for 2025 is estimated based on the provided CAGR and historical data, indicating a substantial market opportunity. Future expansion is likely to be influenced by factors such as technological innovations, government policy shifts, and global economic conditions. The significant market size, coupled with the high CAGR, points towards a lucrative and expanding market. The presence of several large, established companies highlights the industry's maturity and the significant capital investment required for successful participation. The various modes of transportation within the segment present diversified investment options for stakeholders. Ongoing analysis of governmental policies, technological advancements, and regional development plans will be crucial for accurate market forecasting. Continued investment in infrastructure and the ongoing expansion of China's economy are likely to contribute to even stronger growth in subsequent years. The competitive landscape is intense, with the major players engaging in strategic alliances and acquisitions to maintain a competitive edge and expand their market share. Recent developments include: In March 2022, Cherchell Bypass Expressway constructed by CSCEC in Algeria was awarded as a model project of foreign investment and economic cooperation in 2021 by Hunan Province. The project is a 18.37-km-long four-lane expressway with a design speed of 110 km per hour., In December 2021, China Railway Construction corporation entered into new services provision framework agreement for a term of three years from January 2022 to December 2024. Under deal, controlling shareholder to provide design, survey and other services related to livelihood and logistics.. Notable trends are: Government Initiatives Driving Transport Infrastructure Construction Market in China.
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The Chinese big data technology market presents significant investment opportunities, fueled by a robust 30% CAGR and a substantial market size. Driven by government initiatives promoting digital transformation, rapid technological advancements, and the increasing adoption of cloud-based solutions across diverse sectors like BFSI, healthcare, and manufacturing, the market is poised for continued expansion. Key trends include the growing demand for advanced analytics, including predictive maintenance and fraud detection, coupled with the increasing deployment of big data solutions in the cloud. While data privacy regulations and a potential skills gap pose challenges, the immense potential of the Chinese market outweighs these restraints. The concentration of major technology players like Alibaba Cloud, Tencent, and Huawei within China, alongside established international companies like IBM and Microsoft, indicates a fiercely competitive yet lucrative landscape. Investment strategies should focus on companies offering cutting-edge analytics solutions, particularly those catering to the rapidly expanding cloud and mobile segments. Furthermore, investments in companies specializing in data security and compliance solutions will be crucial given the increasing focus on data privacy. The segmentation of the market offers diverse investment avenues. Large enterprises are likely to lead adoption, but the SME segment presents significant growth potential as more companies embrace data-driven decision-making. Within solutions, customer analytics and fraud detection will maintain high demand, while predictive maintenance and asset management in sectors like manufacturing and automotive will witness substantial growth. Geographical focus should consider the economic powerhouses within China, with Tier-1 cities expected to lead adoption rates, followed by a gradual expansion into Tier-2 and Tier-3 cities. The forecasted market growth for the next decade indicates a substantial return on investment for strategically positioned players. A detailed understanding of regulatory landscapes and the evolving technological landscape will prove critical for successful investment in this dynamic market. Recent developments include: November 2022 - Alibaba announced the Innovative upgrade, and Greener 11.11 runs wholly on Alibaba Cloud, whereas Alibaba Cloud's dedicated processing unit powered 11.11 for the Apsara Cloud operating system. The upgraded infrastructure system significantly improved the efficiency of computing, storage, etc., October 2022 - Huawei Technologies Co.has unveiled its 4-in-1 hyper-converged enterprise gateway NetEngine AR5710, delved into the latest CloudCampus 3.0 + Simplified Solution, and launched a series of products for large enterprises and Small- and Medium-Sized Enterprises (SMEs). With these new offerings, Huawei aims to help enterprises simplify their campus networks and maximize digital productivity.. Key drivers for this market are: 6.1 Data Explosion: Unstructured, Semi-structured and Complex6.2 Improvement in Algorithm Development6.3 Need for Customer Analytics. Potential restraints include: 6.1 Data Explosion: Unstructured, Semi-structured and Complex6.2 Improvement in Algorithm Development6.3 Need for Customer Analytics. Notable trends are: Need for Customer Analytics to Increase Exponentially Driving the Market Growth.
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The green economy has been advocated globally as a solution to environmental issues. In China, it is considered a national strategy for future economic development. This study utilizes methods such as Industry Network, Maximum Spanning Tree (MST) method, Leiden Community Clustering (LCC) algorithm, and Weaver-Thomas (WT) model to explore the contribution and position of the green economy and industries in China’s economic development. The findings are as follows: (1) The density of China’s green industry network has experienced a process of initially tightening and then loosening, ultimately tending towards stability. (2) The trunk structure of China’s industrial network remains relatively stable, forming an industrial structure with electricity, heat production and supply as the core. (3) China’s industrial and green industry communities continue to improve and become more cohesive, but some green industries are still on the periphery of communities. (4) The ability of green industries to pull other industries is weak, and the subsequent promotion momentum needs to be improved. However, the green industry still has enormous room for growth and potential to unleash its long-term positive multiplier effects. More attention and support need to be given by managers and decision-makers, so that it can make better contributions to society and the economy.
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Hong Kong HK: Tariff Rate: Applied: Simple Mean: Primary Products data was reported at 0.000 % in 2016. This stayed constant from the previous number of 0.000 % for 2015. Hong Kong HK: Tariff Rate: Applied: Simple Mean: Primary Products data is updated yearly, averaging 0.000 % from Dec 1988 (Median) to 2016, with 22 observations. Hong Kong HK: Tariff Rate: Applied: Simple Mean: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong – Table HK.World Bank: Trade Tariffs. Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;
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Hong Kong SAR (China) HK: SPI: Pillar 1 Data Use Score: Scale 0-100 data was reported at 60.000 NA in 2023. This stayed constant from the previous number of 60.000 NA for 2022. Hong Kong SAR (China) HK: SPI: Pillar 1 Data Use Score: Scale 0-100 data is updated yearly, averaging 20.000 NA from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 60.000 NA in 2023 and a record low of 0.000 NA in 2009. Hong Kong SAR (China) HK: SPI: Pillar 1 Data Use Score: Scale 0-100 data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.World Bank.WDI: Governance: Policy and Institutions. The data use overall score is a composite score measuring the demand side of the statistical system. The data use pillar is segmented by five types of users: (i) the legislature, (ii) the executive branch, (iii) civil society (including sub-national actors), (iv) academia and (v) international bodies. Each dimension would have associated indicators to measure performance. A mature system would score well across all dimensions whereas a less mature one would have weaker scores along certain dimensions. The gaps would give insights into prioritization among user groups and help answer questions as to why the existing services are not resulting in higher use of national statistics in a particular segment. Currently, the SPI only features indicators for one of the five dimensions of data use, which is data use by international organizations. Indicators on whether statistical systems are providing useful data to their national governments (legislature and executive branches), to civil society, and to academia are absent. Thus the dashboard does not yet assess if national statistical systems are meeting the data needs of a large swathe of users.;Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators);Weighted average;
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The Chinese hair care market, a significant segment of the global industry, is experiencing robust growth fueled by several key factors. Rising disposable incomes, particularly among the burgeoning middle class, are driving increased spending on premium and specialized hair care products. A strong emphasis on personal grooming and appearance, particularly among younger consumers, is further boosting demand. This trend is amplified by the significant influence of social media and beauty influencers, who promote the latest products and trends, shaping consumer preferences and driving adoption of innovative formulations. The market is segmented by product type (shampoo, conditioner, hairspray, and others) and distribution channel (hypermarkets/supermarkets, convenience stores, specialty stores, and online stores). The dominance of e-commerce channels is increasingly apparent, with online stores witnessing rapid growth as consumers embrace the convenience and accessibility of online shopping. Competitive pressures from both domestic and international brands are pushing innovation and product diversification. This includes the development of natural and organic hair care products catering to growing health-conscious consumers and specialized products addressing specific hair types and concerns. While challenges such as fluctuating raw material prices and economic uncertainty exist, the overall outlook for the Chinese hair care market remains positive, driven by sustained economic growth and evolving consumer preferences. The projected Compound Annual Growth Rate (CAGR) of 4.50% suggests a continuous expansion of the market. While precise market size figures for China are not provided, it's reasonable to assume a considerable market share given China's large population and economic growth. Considering the global hair care market's size and the importance of China as a consumer market, it's plausible to project substantial growth in coming years. This growth will be further fueled by the rise of personalized hair care solutions and innovative technologies, like those offered by companies like L'Oréal Professionnel and Procter & Gamble. The increasing awareness of scalp health and the demand for sustainable and ethically sourced products will shape future market trends, creating further opportunities for growth and innovation within this dynamic sector. International brands are likely to continue expanding their presence in China, facing competition from established domestic players. Market success will hinge on understanding and catering to the evolving needs and preferences of the Chinese consumer. Recent developments include: In August 2021, Former P&G and L'Oreal planned to launch numerous new brands in China's beauty industry. These include hair care products, color cosmetics, and skincare brands. A growing number of these brands are headed by former members of major global cosmetics companies., In 2021, Beiersdorf's announced that it would expand the Beiersdorf's NX NIVEA Accelerator program to Shanghai, China, and has now selected the top 5 startups for the first batch. Beiersdorf has succeeded in South Korea by launching the same program in 2019 and achieved a leading market position there., In December 2021, US personal care giant Procter & Gamble (P&G) acquired Ouai, a haircare brand founded in 2016 by Jen Atkin, a hairdresser and the darling of many celebrities. This acquisition enables P&G to establish a foothold in the highly dynamic prestige haircare segment, driven by brands like Olaplex.. Notable trends are: Increasing Expenditure on Advertisement and Promotional Activities.
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The Chinese Domestic Databases market size is set for robust growth, projected to grow from USD 2 billion in 2023 to USD 6.5 billion by 2032, reflecting an impressive CAGR of 13.5%. This growth is driven by the increasing demand for data sovereignty, technological advancements, and regulatory support from the Chinese government. The market is primed for expansion, propelled by factors such as the burgeoning digital economy, increased cloud adoption, and the strategic focus on indigenous technological advancements.
One of the primary growth factors for the Chinese Domestic Databases market is the increasing emphasis on data sovereignty and security. With the Chinese government imposing stringent regulations on data storage and management, domestic companies are compelled to utilize local databases to ensure compliance. This has created a favorable environment for the growth of domestic database providers who are tailored to meet these unique requirements. Additionally, the rise in cyber threats has further driven the need for secure and reliable database solutions, contributing significantly to market growth.
Technological advancements and innovation within the database industry are also pivotal growth drivers. The rapid development of Artificial Intelligence (AI) and Machine Learning (ML) technologies has allowed for more efficient and intelligent database management systems. Innovations in data handling, processing speed, and storage capabilities provide a significant competitive edge to domestic databases over international counterparts. Furthermore, the integration of AI and ML with databases enables advanced analytics and insights, helping businesses make more informed decisions, thus driving the market forward.
The digital transformation across various sectors in China has also fueled the demand for robust database solutions. Sectors such as finance, healthcare, and retail are increasingly relying on digital platforms for their operations, necessitating sophisticated and reliable databases to manage vast amounts of data. The push towards a digital economy by the Chinese government, coupled with initiatives like the "New Infrastructure" program, which focuses on the development of digital infrastructure including big data centers, has significantly boosted the demand for domestic databases.
Regionally, East China dominates the market due to the presence of major economic hubs like Shanghai and Hangzhou, which are home to numerous technology companies and data centers. North China, with Beijing as its central hub, also plays a significant role in the market due to the concentration of governmental bodies and financial institutions that demand secure and compliant database solutions. South China, particularly Shenzhen, is another critical region, given its prominence as a technology and innovation hub. Central China and other regions are gradually catching up as investments in digital infrastructure spread across the country. Overall, the regional dynamics of the Chinese Domestic Databases market present a diverse and rapidly evolving landscape.
The Chinese Domestic Databases market comprises various types, including Relational Databases, NoSQL Databases, NewSQL Databases, and others. Relational Databases have been the cornerstone of the database industry for decades, offering structured data storage and easy retrieval through SQL queries. Despite their age, they remain highly relevant due to their robustness, reliability, and the vast ecosystems that have developed around them. In China, relational databases continue to be widely adopted across various industries, particularly in sectors like finance and government, where data accuracy and consistency are paramount.
NoSQL Databases have gained significant traction in recent years due to their flexibility, scalability, and ability to handle unstructured data. Unlike traditional relational databases, NoSQL databases can seamlessly manage large volumes of diverse data types, making them ideal for applications in big data and real-time web applications. In China, the adoption of NoSQL databases is particularly prominent in the e-commerce and social media sectors, where the ability to scale out horizontally and handle high-velocity data is crucial.
NewSQL Databases represent a hybrid approach that combines the best features of traditional relational databases and NoSQL databases. They offer the scalability and flexibility of NoSQL while maintaining the ACID (Atomicity, Consistency, Isolation, Durability) prope