Beijing’s per capita GDP estimated to exceed $10,000 in 2009

The annual per capita GDP in Beijing was expected to top 10,000 U.S. dollars in 2009 as the national capital expected an over 9.5 percent economic growth for the same year, said an official with the municipal economic planning agency Thursday.
Beijing expected to rake in financial revenue totaling 202.7 billion yuan (about 29.8 billion U.S. [...]

Home trading in Beijing plummets

Property trading in Beijing in the first two weeks of this year slumped, following a string of government moves to curb soaring real estate prices.
Beijing property transaction management authority said on its website Friday that sales of future delivery residential apartments during Jan. 1 to Jan. 13 were down 63.9 percent month on month to [...]

Beijing residents celebrate New Year with shopping frenzy

Beijingers rang in the New Year by going on a spending spree, according to statistics from the city’s commerce commission.
Revenues generated by Beijing’s 127 enterprises and more than 3,000 shops topped 740 million yuan ($108.8 million) on New Year’s Eve, up 42 percent from the same period in 2008, a report from the Beijing municipal [...]

GLK 350: Crossing over to success

Beijing’s largest used-car market is the perfect place to measure the popularity of any make or brand in China’s booming motoring market. Huaxiang car market dealers and the thousands who flock there every weekend are clued into the latest auto trends and know what’s hot and what’s not.

Tags: Beijing, Benz, China Auto, Great Wall Motor, [...]

Beijingers in gold rush at year end

Gold rings and necklaces are popular New Year gifts among local people.
Gold jewelry sales jumped more than 30 percent over the weekend in Beijing, as bargain shoppers swarmed the city’s major jewelry stores on year-end promotions.

Tags: Beijing, Consumer Goods, gold, Jewellery

China Eastern to expand Beijing presence

Shanghai-based China Eastern Airlines is speeding up efforts to establish a stronger presence in Beijing by expanding its fleet and manpower resources.
The number of planes under the Beijing branch will be expanded from the current six to 15 next year, of which most are the Airbus A320 and A330.
They will serve some 30 domestic routes [...]

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