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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: John Rieman who wrote (32755)	4/28/1998 3:04:00 PM
From: DiViT	Read Replies (1) \| Respond to of 50808

In China first on your list is a VCD player, the last thing on your list is a car... -------- 04/28/98 Xinhua English Newswire (Copyright 1998) China has finished a random survey on the consumption patterns of residents in 12 major cities in the largest market research of its kind ever. The survey organized by Telmar, the British Market Research Bureau (BMRB), the State Statistics Bureau and Chinese market research firms involved 48,804 residents aged from 15 to 59. The 12 cities included Beijing, Shanghai, Guangzhou, Chengdu, Shenyang, Tianjin, Jinan, Xi'an, Nanjing, Wuhan, Kunming and Fuzhou. More than 2,000 Chinese and foreign workers participated in the sampling and data processing. The results of the survey show that 24 percent residents have a monthly income of 499 yuan per capita or less; 49 percent receive 500-to-999 yuan; 19 percent, 1,000-to-1,499 yuan; and 8 percent, above 1,500 yuan. In terms of family income, 20 percent of urban families have a monthly income of 999 yuan or less; 28 percent are between 1,000 and 1,499 yuan; 22 percent are between 1,500 and 1,999 yuan; 15 percent are between 2,000 and 2,499 yuan; and the rest have monthly incomes of 2,500 yuan or more. About 17 percent of urban families spend more than 700 yuan on food every month; 23 percent, 500-to-699 yuan; and 33 percent, 300-to-499 yuan. Twenty-seven percent of urban families spend 200 yuan or less on food. According to the survey, 97 percent of families in the 12 cities have televisions; 88 percent have refrigerators; and 87 percent have washing machines. About 36 percent of urban families have at least one beeper, and 12 percent of them have purchased mobile phones. The density of private cars and personal computers reached 3 percent and 8 percent, respectively. The results of the survey also indicate that the manufacturers of VCD players, air conditioners, acoustic equipment and microwave ovens will have the highest sales growth this year. Eight percent of urban families plan to buy VCD players; 5 percent, air conditioners and acoustic equipment; and 4 percent, microwave ovens and personal computers. And 0.3 percent of them expect to have a private car this year.