Olympics
Fewer Beijingers spit publicly and littered freely in 2007 compared to
2006, but Beijing's "civility index" is still shy of the 80 points
required for this summer's Olympics, according to new social survey
results recently released by Renmin University. Based on questionnaires
and empirical observations, the study found that littering dropped from
5.3 percent in 2006 to 2.9 percent in 2007, while spitting in public
decreased from 4.9 percent to 2.5 percent. Renmin University has
conducted this survey three years in a row.
As a result of cold air fronts and relatively high winds, the Chinese
capital saw 22 "blue sky" days in January, two more than those recorded
in the same month in 2007. Officials in Beijing said that the city hopes
to tally 256 blue sky days in 2008, according to news reports. Although
this campaign—which designated days with "acceptable levels" of
sulfur dioxide, nitrogen oxide, and particulate matter in the air as
blue sky days—was launched a decade ago, Beijing only seriously
ramped up environmental efforts when it won its bid to host the Olympics
in 2001. In 2007, the city squeezed in a final blue sky day on December
30 to hit that year's target of 245 days.
Only one-quarter of the Olympics tickets available during the second
phase of sales were sold and allocated, according to the Beijing
Organizing Committee for the XXIX Olympiad. Despite receiving more than
700,000 orders in the second phase, only about 450,000 tickets were
issued by late January because of over-subscription for particular
events, according to the Xinhua News Agency. The final phase of ticket
sales is slated to begin in April 2008.
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Media and Advertising
In a joint venture with the Shanghai Press and Publishing Development
Co., Reader's Digest Association, Inc. recently launched a Chinese
version of Reader's Digest in mainland China. Called Puzhi in Chinese, or
"universal knowledge," the new publication will be sold through more
than 40,000 retail outlets and will contain topics that range from
science to finance.
The total value of China's online display advertising reached ¥9.3
billion ($1.3 billion) in 2007, slightly less than Nielsen Online's
projection of ¥10 billion ($1.4 billion), according to news reports.
The auto and information technology sectors spent the most on online
advertising, constituting a combined 42 percent of the total value. Some
of the leading online advertisers include ING Group, Lenovo Group Ltd.,
Samsung Electronics Co., Ltd., and China Mobile Ltd., according to
Nielsen.
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Internet
China's Internet users swelled to 210 million in 2007, second only to
the United States' roughly 215 million users, according to year-end
figures from the China Internet Network Information Center (CNNIC). The
country's Internet penetration rate—the number of Internet users
as a percentage of total population—still lags behind the world
average of 19 percent but has more than doubled in the last three years.
Beijing and Shanghai have the highest Internet penetration rates of 46.6
percent and 45.8 percent, respectively.
China boasted 47 million registered bloggers in 2007, but only a little
more than one-third, or about 10 percent of China's Internet population,
maintains active blogs, according to a recent CNNIC study on the growth
of blogs in China. Although blogs have proliferated exponentially,
leading some to argue that blog content has become a powerful tool in
shaping public opinion, only one-fifth of survey respondents trust blog
content more than content on established news websites, according to
CNNIC.
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Investment and Trade
China, India, and the United States remained the top three destinations
for foreign direct investment (FDI) in 2007, unchanged from 2005,
according to A.T. Kearney's 2007 FDI Confidence Index rankings. The
United Kingdom once again ranked fourth, and Hong Kong jumped five
places from 2005 to round out the top five. Other highlights of the
index show that the majority of investors surveyed believe that
competition for energy and climate change are the two greatest threats
to maintaining the current global economic order.
A vast majority of Chinese and Americans agree that bilateral trade is
beneficial to their respective economies, according to a 2007 survey by
the Committee of 100, a non-partisan organization that promotes better
US-China relations. The survey, conducted in China and in the United
States, seeks to understand the public attitude of each country toward
the other. The findings also show that while one-quarter of the US
public believes that China's growing economic clout poses a "serious
threat" to the United States, just 13 percent of the Chinese public hold
the same belief.
Protectionism in the United States poses the greatest political risk to
international business in 2008, marking the first time the country has
ranked as a top risk, according to Ian Bremmer, president of the Eurasia
Group, a global political risk consultancy that focuses on the business
implications of politics. Iran, Iraq, Pakistan, Russia's foreign policy,
Turkey's Kurdish problem, and energy troubles in Latin America also
appear among the top nine risks in this year's list. Despite
conventional wisdom, Bremmer considers China, Taiwan, and North Korea
"red herrings" in 2008 and does not expect political risk in those areas
to destabilize the general business environment.
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