Shanghai and Beijing are leading the....>

CHINA PRESS: Shanghai and Beijing are leading the way in changes to spending

patterns with these becoming for "development and enjoyment" rather than for

"living," the 21st Century Business Herald reported Friday. Consumption has

contributed 63.4% of China's economic growth in the first half. According to the

newspaper, the top 10 cities in terms of consumption are Shanghai, Beijing,

Guangzhou, Chongqing, Chengdu, Wuhan, Tianjin, Shenzhen, Nanjing and Hangzhou.

The development of the internet and mobile communications has resulted in

different methods of consumption in Shanghai and Beijing -- creating new

business models and opportunities. Guangzhou maintains its strength as a

commercial and trade capital, the newspaper said. Middle and west China, where

Chengdu and Wuhan are located, enjoy less pressure compared with Beijing,

Shanghai, Guangzhou and Shenzhen and with strong purchasing power, they are also

the main battlefield for consumption upgrades. (21st Century Business Herald)