Full article in Chinese: http://www.caijing.com.cn/2011-06-27/110757627.html
China has now 960,000 multimillionaires with most of them consuming the most in travelling, according to a Huren report.
China has been maintained a much lower birth rate in recent years than acclaimed by the government, with an increasing vocal group of academic demographers calling for a relaxation of the current one-child policy.
China’s population is rapidly aging with people aged 60 and above making up 13.3 percent of population in the country.
Labor cost in China will continue on the rise, as the government aims at an annualized pay rise of 15 percent, and promises to double workers' wages during the 12th five-year plan that lasts from 2011 to 2015.
Premier Wen delivered a harsh speech recently, slamming illegal and conscienceless food producers.
China has said it will promote free highways across the whole country, aiming to reduce the proportion of toll roads and diminish mounting complaints in the huge country, where houses the most toll roads in the world with much higher fees.
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