AndrewJin
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Glad u like it.
China's poorest province: Guizhou is on the rapid rise
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TaiShang
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China ranks third in the world in household wealth
China Daily, November 23, 2016
The wealth per adult has risen from US$5,670 in 2000 to US$22,864 in 2016 in China. [File photo]
The global wealth has reached US$256 trillion in the past year, increasing by US$3.5 trillion or 1.4 percent, according to the 2016 Global Wealth Report released by the Credit Suisse Research Institute on Tuesday.
China, with 1.6 million millionaires, accounts for five percent of all millionaires worldwide and nine percent of the top wealth holders, according to the report.
It ranks second with the number of ultra-high net worth (UHNW) individuals, whose personal net worth is above US$50 million, amounting to 11,000 on the year, a 100-fold increase in the past 16 years, the report said.
The wealth per adult has risen from US$5,670 in 2000 to US$22,864 in 2016 in China. In addition, China has the third largest household wealth worldwide, following the United States and Japan.
China, after losing US$680 billion due to the equity price adjustment and currency, had US$23 trillion in total wealth in the past year, down 2.8 percent, the report said.
The report defines the term wealth as the value of financial assets plus real estate (housing) owned by the households and less their debts.
China Daily, November 23, 2016
The wealth per adult has risen from US$5,670 in 2000 to US$22,864 in 2016 in China. [File photo]
The global wealth has reached US$256 trillion in the past year, increasing by US$3.5 trillion or 1.4 percent, according to the 2016 Global Wealth Report released by the Credit Suisse Research Institute on Tuesday.
China, with 1.6 million millionaires, accounts for five percent of all millionaires worldwide and nine percent of the top wealth holders, according to the report.
It ranks second with the number of ultra-high net worth (UHNW) individuals, whose personal net worth is above US$50 million, amounting to 11,000 on the year, a 100-fold increase in the past 16 years, the report said.
The wealth per adult has risen from US$5,670 in 2000 to US$22,864 in 2016 in China. In addition, China has the third largest household wealth worldwide, following the United States and Japan.
China, after losing US$680 billion due to the equity price adjustment and currency, had US$23 trillion in total wealth in the past year, down 2.8 percent, the report said.
The report defines the term wealth as the value of financial assets plus real estate (housing) owned by the households and less their debts.
Star Expedition
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None will be left behind.
Everyone, every place is part of the national power.
Everyone, every place is part of the national power.
AndrewJin
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LMAO,
which Chinese family has never bought one bottle before?
China's best-selling chili sauce is “Lao Gan Ma,” which translates to old godmother. It's also helping one of the poorest provinces support some of the country's fastest economic growth.
The spicy sauce found in millions of kitchens is stocked in every store for about 10 yuan ($1.45). It's also carried abroad by Chinese, though it's increasingly available internationally, and on Amazon.com (for $9).
The chili magnate who has earned herself a loyal following is Tao Huabi, 69, from Guizhou Province, a poor, mountainous region in the southwest that's now one of the brightest spots in the nation’s economic slowdown.
Guizhou's 10.5 percent growth in the first three quarters this year is the second fastest of all provinces and far ahead of the 6.7 percent national rate. It's kept that lead since 2010.
Tao's company, Guiyang Nanming Laoganma Food Co. in the provincial capital of Guiyang, helps give the city a prop. It had sales of 3.72 billion yuan in 2013, according to a local paper, Guiyang Evening News. A spokesperson wouldn't confirm that or provide new numbers.
Another consumer-focused source of strength for Guizhou growth, and also is dominant in terms of domestic market share: Kweichow Moutai Co.
The producer of top-shelf 100-proof baijiu, China's signature grain liquor distilled from sorghum and wheat, has weathered an economic slowdown with strong sales. Shares of Renhuai-based Kweichow have soared 42 percent this year for the fourth best gain in the Shanghai Shenzhen CSI 300 Index.
Guizhou’s liquor exports surged 44 percent year-on-year to $2.18 billion in the first ten months this year, while shipments of chili sauce and other condiments jumped 16.5 percent to $7.43 million, according to a Guiyang Daily report.
That's welcome news when national exports have slumped for almost two straight years.
Guizhou, with a population of 35 million, is still relatively poor with per capita income about half the national average.
To be sure, chili isn't the only thing driving Guizhou's economy. The province, aiming for high tech and big data, has pulled in investment from firms including chipmaker Qualcomm Inc., iPhone maker Foxconn Technology Group and local telecommunications giants China Mobile and China Unicom.
There's an old saying about subtropical Guizhou: Not three feet of flat land, not three days without rain, not a family with three silver coins. Now that's becoming outdated.
Renhuai, home to the Maotai Spirit
Nanming, home to Lao Gan Ma
which Chinese family has never bought one bottle before?
China's best-selling chili sauce is “Lao Gan Ma,” which translates to old godmother. It's also helping one of the poorest provinces support some of the country's fastest economic growth.
The spicy sauce found in millions of kitchens is stocked in every store for about 10 yuan ($1.45). It's also carried abroad by Chinese, though it's increasingly available internationally, and on Amazon.com (for $9).
The chili magnate who has earned herself a loyal following is Tao Huabi, 69, from Guizhou Province, a poor, mountainous region in the southwest that's now one of the brightest spots in the nation’s economic slowdown.
Guizhou's 10.5 percent growth in the first three quarters this year is the second fastest of all provinces and far ahead of the 6.7 percent national rate. It's kept that lead since 2010.
Tao's company, Guiyang Nanming Laoganma Food Co. in the provincial capital of Guiyang, helps give the city a prop. It had sales of 3.72 billion yuan in 2013, according to a local paper, Guiyang Evening News. A spokesperson wouldn't confirm that or provide new numbers.
Another consumer-focused source of strength for Guizhou growth, and also is dominant in terms of domestic market share: Kweichow Moutai Co.
The producer of top-shelf 100-proof baijiu, China's signature grain liquor distilled from sorghum and wheat, has weathered an economic slowdown with strong sales. Shares of Renhuai-based Kweichow have soared 42 percent this year for the fourth best gain in the Shanghai Shenzhen CSI 300 Index.
Guizhou’s liquor exports surged 44 percent year-on-year to $2.18 billion in the first ten months this year, while shipments of chili sauce and other condiments jumped 16.5 percent to $7.43 million, according to a Guiyang Daily report.
That's welcome news when national exports have slumped for almost two straight years.
Guizhou, with a population of 35 million, is still relatively poor with per capita income about half the national average.
To be sure, chili isn't the only thing driving Guizhou's economy. The province, aiming for high tech and big data, has pulled in investment from firms including chipmaker Qualcomm Inc., iPhone maker Foxconn Technology Group and local telecommunications giants China Mobile and China Unicom.
There's an old saying about subtropical Guizhou: Not three feet of flat land, not three days without rain, not a family with three silver coins. Now that's becoming outdated.
Renhuai, home to the Maotai Spirit
Nanming, home to Lao Gan Ma
AndrewJin
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Another great news for the big data industry in Gui'an New Area
Hyundai Motor will establish its first global big data center in Guizhou Province, China, to accelerate the development of future connected car technology. Big data is the basis for connected cars that can exchange information with the outside one another via smart devices and control the navigation system in real time and vehicles remotely because the data collected and analyzed can be reproduced in meaningful information. This is why the company will develop the services in China, the world’s largest car market.
Hyundai Motor announced on November 9 that it has signed a strategic alliance agreement to build Hyundai Motor’s big data center at the Guiyang International Conference & Exhibition Center in Guizhou Province on the 8th (local time), with the Communist Party Secretary of the province Chen Min'er and Hyundai Motor vice chairman Chung Eui-sun in attendance.
Hyundai Motor will set up the big data center at the heart of the Guian New Area in Guizhou Province in China, with an aim to provide connected car services customized to Chinese consumers. The Guian New Area, a special model district for big data, offers various benefits, such as land, financial support and tax cuts, to companies when they open an office in the region. Since global information and communications technology (ICT) firms, including Amazon and Baidu, are located in the cluster, it is easy for the company to establish collaboration networks with them. The Chinese big data center to be opened by Hyundai Motor will be fully operational by June next year after going through approval with the authorities, relocation preparation, and other infrastructure building.
It will collect a variety of car-related data and social networking data to develop highly tailored connected car services. Hyundai Motor said, “The Chinese big data center will set a solid foundation to develop connected car technologies and raise the corporate image as an IT technology leader.”
Hyundai Motor has opened its South Korean big data center in Uiwang, Gyeonggi Province, in 2013, and formed a group of “data scientists” that specialize in data analytics, preparing for the era of future connected cars and building expertise in big data application at the same time. The company is also accelerating the development of the Connected Car Operating System (ccOS) in order to release a new ccOS-installed vehicle in 2020 under the concept “Hyper-connected & Intelligent Car.”
Meanwhile, Hyundai Motor has decided to strengthen the partnership further with the world's largest network device maker Cisco to develop the world’s best connected cars. Separate from the agreement with Guizhou Province, Hyundai Motor vice chairman Chung Eui-sun has also signed a memorandum of understanding (MOU) with Cisco CEO Chuck Robbins at a hotel in Guiyang, Guizhou Province, to jointly develop connected cars. Previously, the two heads agreed to cooperate in developing the vehicle networking system and security technologies, which are vital in connected cars, at the meeting at the Hyundai Motor headquarters in Yangjae-dong, Seoul, in April.
Big data centres
@TaiShang @GeraltofRivia @long_ @Shotgunner51
Hyundai Motor will establish its first global big data center in Guizhou Province, China, to accelerate the development of future connected car technology. Big data is the basis for connected cars that can exchange information with the outside one another via smart devices and control the navigation system in real time and vehicles remotely because the data collected and analyzed can be reproduced in meaningful information. This is why the company will develop the services in China, the world’s largest car market.
Hyundai Motor announced on November 9 that it has signed a strategic alliance agreement to build Hyundai Motor’s big data center at the Guiyang International Conference & Exhibition Center in Guizhou Province on the 8th (local time), with the Communist Party Secretary of the province Chen Min'er and Hyundai Motor vice chairman Chung Eui-sun in attendance.
Hyundai Motor will set up the big data center at the heart of the Guian New Area in Guizhou Province in China, with an aim to provide connected car services customized to Chinese consumers. The Guian New Area, a special model district for big data, offers various benefits, such as land, financial support and tax cuts, to companies when they open an office in the region. Since global information and communications technology (ICT) firms, including Amazon and Baidu, are located in the cluster, it is easy for the company to establish collaboration networks with them. The Chinese big data center to be opened by Hyundai Motor will be fully operational by June next year after going through approval with the authorities, relocation preparation, and other infrastructure building.
It will collect a variety of car-related data and social networking data to develop highly tailored connected car services. Hyundai Motor said, “The Chinese big data center will set a solid foundation to develop connected car technologies and raise the corporate image as an IT technology leader.”
Hyundai Motor has opened its South Korean big data center in Uiwang, Gyeonggi Province, in 2013, and formed a group of “data scientists” that specialize in data analytics, preparing for the era of future connected cars and building expertise in big data application at the same time. The company is also accelerating the development of the Connected Car Operating System (ccOS) in order to release a new ccOS-installed vehicle in 2020 under the concept “Hyper-connected & Intelligent Car.”
Meanwhile, Hyundai Motor has decided to strengthen the partnership further with the world's largest network device maker Cisco to develop the world’s best connected cars. Separate from the agreement with Guizhou Province, Hyundai Motor vice chairman Chung Eui-sun has also signed a memorandum of understanding (MOU) with Cisco CEO Chuck Robbins at a hotel in Guiyang, Guizhou Province, to jointly develop connected cars. Previously, the two heads agreed to cooperate in developing the vehicle networking system and security technologies, which are vital in connected cars, at the meeting at the Hyundai Motor headquarters in Yangjae-dong, Seoul, in April.
Big data centres
@TaiShang @GeraltofRivia @long_ @Shotgunner51
Last edited:
Shotgunner51
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This is big news!
AndrewJin
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Great tourist potential!
China's longest karst caverns stretch for 186.333 km
Expedition members work at the Shuanghe Karst Caves in Suiyang, Southwest China's Guizhou province on October 31, 2016. The Karst Caves, measured at 186.333 kilometers, is the second longest complex of caverns in Asia. (Photo: China News Service/He Junyi)
China's longest karst caverns stretch for 186.333 km
Expedition members work at the Shuanghe Karst Caves in Suiyang, Southwest China's Guizhou province on October 31, 2016. The Karst Caves, measured at 186.333 kilometers, is the second longest complex of caverns in Asia. (Photo: China News Service/He Junyi)
grey boy 2
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'Guizhou, China's new force in Belt and Road Initiative'
(Chinadaily.com.cn) 10:37, December 07, 2016
Foreign Minister Wang Yi (left front) and Secretary of Guizhou Provincial CPC Committee Chen Min'er(right front) look at a model of the radio telescope set up in Guizhou in a promotion event in Beijing on Tuesday. (Photo by Feng Yongbin/chinadaily.com.cn)
Guizhou has become a new force in China's opening-up strategy due to its advantageous location in the Belt and Road Initiative, Foreign Minister Wang Yi said on Tuesday.
Wang made the remarks in an event where the ministry and the Guizhou provincial government showcased the Southwest China province to diplomats from more than 120 countries.
The landlocked province, which "has a special position in China's opening-up and history", became an important passage between China and the world more than 2,000 years ago, when China's silk and tea was carried through the Ancient Tea Horse Road and the Southern Silk Road to South Asia, Wang said.
Guizhou is known for its distinctive ethnic groups such as Miao and Dong people as well as its karst landscape. Early this year the province joined the New York Times list of 52 places to go in 2016.
In September, the "Eye of Heaven", a 500-meter-wide radio telescope able to receive and identify signals from deep space, was established in the province.
In March, Guizhou got the approval from the central government to establish China's first pilot zone to develop the big data industry. In August, it received the green light to create an inland open economy pilot zone.
According to Chen Min'er, secretary of Guizhou Provincial CPC Committee, the province's economy has grown by more than 12 percent annually in the past five years.
Chen said he hopes to see more tourists from various countries come to Guizhou, and the province welcomes international companies and talent to invest in its big data industry.
Guizhou has been holding an annual eco conference since 2009, which was upgraded into an international forum in 2013. Chen said Guizhou is ready to work with partners from different nations to help implement the Paris Agreement.
Jean-Jacques de Dardel, Swiss Ambassador to China, said his country and Guizhou have developed "close exchanges".
According to de Dardel, various high level leaders from the province have visited Switzerland, and the cooperation covers research, education and trade.
Also, the two sides are working together on a variety of projects on environment protection.
"Both Guizhou and Switzerland's environments are unique in their pristine beauty, and the protection of this natural beauty is of eminent importance," he said.
http://en.people.cn/n3/2016/1207/c90000-9151769.html
(Chinadaily.com.cn) 10:37, December 07, 2016
Foreign Minister Wang Yi (left front) and Secretary of Guizhou Provincial CPC Committee Chen Min'er(right front) look at a model of the radio telescope set up in Guizhou in a promotion event in Beijing on Tuesday. (Photo by Feng Yongbin/chinadaily.com.cn)
Guizhou has become a new force in China's opening-up strategy due to its advantageous location in the Belt and Road Initiative, Foreign Minister Wang Yi said on Tuesday.
Wang made the remarks in an event where the ministry and the Guizhou provincial government showcased the Southwest China province to diplomats from more than 120 countries.
The landlocked province, which "has a special position in China's opening-up and history", became an important passage between China and the world more than 2,000 years ago, when China's silk and tea was carried through the Ancient Tea Horse Road and the Southern Silk Road to South Asia, Wang said.
Guizhou is known for its distinctive ethnic groups such as Miao and Dong people as well as its karst landscape. Early this year the province joined the New York Times list of 52 places to go in 2016.
In September, the "Eye of Heaven", a 500-meter-wide radio telescope able to receive and identify signals from deep space, was established in the province.
In March, Guizhou got the approval from the central government to establish China's first pilot zone to develop the big data industry. In August, it received the green light to create an inland open economy pilot zone.
According to Chen Min'er, secretary of Guizhou Provincial CPC Committee, the province's economy has grown by more than 12 percent annually in the past five years.
Chen said he hopes to see more tourists from various countries come to Guizhou, and the province welcomes international companies and talent to invest in its big data industry.
Guizhou has been holding an annual eco conference since 2009, which was upgraded into an international forum in 2013. Chen said Guizhou is ready to work with partners from different nations to help implement the Paris Agreement.
Jean-Jacques de Dardel, Swiss Ambassador to China, said his country and Guizhou have developed "close exchanges".
According to de Dardel, various high level leaders from the province have visited Switzerland, and the cooperation covers research, education and trade.
Also, the two sides are working together on a variety of projects on environment protection.
"Both Guizhou and Switzerland's environments are unique in their pristine beauty, and the protection of this natural beauty is of eminent importance," he said.
http://en.people.cn/n3/2016/1207/c90000-9151769.html
beijingwalker
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World's longest floating pathway opens to public in SW China
New China TV
Published on Jan 4, 2017
World's longest floating pathway has opened to the public in SW China's Guizhou Province.
AndrewJin
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wow, awesome.....
World's longest floating pathway opens to public in SW China
New China TV
Published on Jan 4, 2017
World's longest floating pathway has opened to the public in SW China's Guizhou Province.
In my travel list now
Place Of Space
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I bought a bottle of this chili sauce the other day. Nice taste always, hahah.
What's a beautiful province!
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