Based on official statistics, the companies in Beijing and Shanghai kept on boosting worker’s  incomes last year, although we are now going through the worst financial disasters. 

According to the Beijing Municipal Bureau of Statistics, last year, workers in Beijing averagely earned 44,715 yuan, which is 4,848 yuan more, or a 12 percent increase than that in 2007.

Statistics of the Shanghai Municipal Statistics Bureau shows that last year, workers in Shanghai averagely Read more…

Popularity: 4% [?]

Beijing, China, economy, income, salary, Shanghai

Though SIPI may sell its crown jewel, its share price still rises. The upward trend of SIPI’s shares is due to its sales with Brilliance Group on Feb 6.

After hitting the peak point of 14.15 yuan last Friday, SIPI shares ended with 13.21 yuan a share.

Approved by the shareholders of SIPI, the 1.06 billion yuan’s sale between its subsidiary and Brillance will be helpful for its core pharmaceutical business. It is said that SIPI’s subsidiary has owned 21.17% stake in Hong Kong-listed Lianhua. Read more…

Popularity: 4% [?]

China, economy, income, industry, sale, share, SIPI