Author: life-china

This Chinese City Saves the Most Money

Chinese households are known to be big-time savers compared to the global average. Among 36 major cities, residents in Beijing save the most amount of money, according to bank data from the National Bureau of Statistics, compiled by financial media outlet Yicai. The new city ranking shows the savings balance of Beijing urban and rural residents were RMB3.73 trillion in 2019, followed by Shanghai with RMB3.17 trillion in the proverbial piggy bank.  All other Chinese mainland cities’ savings balance in the ranking were under RMB2 trillion. Some large cities such as Suzhou, Wuxi, Foshan and Dongguan were not included. The...

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Who Has Priority for China’s COVID-19 Vaccine?

December 30 saw the approval of China’s first COVID-19 vaccine for public use.  The vaccine, produced by Chinese pharmaceutical giant Sinopharm, will first be available to nine priority groups before the Spring Festival in early February, reports China Daily. These groups include: 1.  Those considered ‘high-risk’2.  Employees of cold-chain logistics sites3.  Border and customs inspectors4.  Medical workers5.  The elderly6.  Those with pre-existing medical conditions7.  Government employees8.  Community workers9.  People with plans to travel abroad  Leaving China?  “Individuals who will travel abroad for work and personal reasons” are included in the priority groups, according to China Daily. However, what constitutes a ‘personal reason’ is a little unclear. In theory, this...

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Everything You Need to Know about China’s Daigou Community

is where we explain an aspect of Chinese life. Simple. So now you know. What is Daigou? Daigou (代购) is roughly translated as ‘buying (on behalf of),’ but the definition has grown much broader – into a true cultural phenomenon – in the last decade. It has become a trust-based consumer-to-consumer network based on exporting luxury and household goods from abroad into China.  Originally a gray channel navigated mainly by international Chinese students sending friends and family members luxury items back home, it has since progressed into a global community and industry consisting of anything from German knives to...

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Expats to be Included in China’s 7th National Population Census

Who’s that knocking on the door? Waimai? Nope, just your friendly local census enumerators.  Expats will be included in the seventh Chinese national population census, which will officially start November 1 and run until December 10. Some households may have already received a visit as census staff are gauging housing and demographic conditions. Foreigners who are on “short-term stays such as business trips or family visits, are excluded,” reports Shenzhen Daily. However, a Beijing-based census employee encouraged all foreign residents to fill out the form “regardless of the duration and type of their visas.” The information to be collected...

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China, Here Are Your 2021 Public Holidays

It’s the most wonderful time of the year, dear readers! And no, we aren’t talking about Christmas, we’re talking about the release of the 2021 public holiday schedule (aka holiday planning time). The official holiday schedule for next year was released by the General Office of the State Council on Wednesday. This is not a drill! Now, without further ado, here are your 2021 public holidays... January New Years Day  Date: Friday, January 1Day(s) off: Friday-Sunday, January 1-3 No Adjusted Working Days February Chinese New Year (otherwise known as ‘Spring Festival’) Date: Friday, February 12Day(s) off: Thursday-Wednesday, February 11-17Adjusted Working Day(s): Sunday, February...

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