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The elevated highway on
Yan'an Road (Eastern Section), running from the
downtown central area of Shimen Road to the Bund,
opens to traffic on November 28.
The Third Shanghai College
Students' English Speech Contest was recently held
in the Shanghai Library's Speech Hall. It fully
showcases the English proficiency achieved by universities
Eco-tourism is gradually
taking form in Shanghai. The emerging "green" industries
prompted the trend.
Cashless does not mean you
are poor. It means you are cool. Electronic banking
has become a reality in Pudong.
Video CDs on plays sell
well in Shanghai. Many electronic publishing houses
are shifting their focus on this new line of product.
Such video CDs can also use karaoke application.
The consulting business
lately has become a profitable industry in Shanghai,
and it is expected to bring in at least US$1.2 billion
by the year 2010, according to Shanghai's Science
and Technology Commission.
Hong Kong-based Tomson Group
will continue its real estate investment in Pudong
New Area at a steady pace. So far, the company has
invested US$1.5 billion in property in this area.
Shanghai's private businesses
have been growing in number and strength as well.
Its sales reach 25% of the combined sales of all
Shanghai Baoshan Iron and
Steel Complex (Baosteel), China's largest steel
maker, is committed to shouldering the responsibility
of promoting China to be an iron and steel making
superpower in the world.
The Shanghai Animal Wild
Park will breed more cubs next year for overseas
and domestic zoos.
The city government recently
held an award-granting ceremony for those excellent
athletes and coaches who greatly contributed to
the success of the Eighth National Games.
The city sees off those
newly-drafted soldiers who will serve in the faraway
'97 Shanghai National Commodity
Fair came to an successful end on November 20. About
50,000 people attended the three-day fair and the
total sales reached US$400 million.
So far 135 AIDS cases have
been found in Shanghai. Among the victims 35 are
local residents. Six of the persons with AIDS died.
State enterprises should
reinforce management to better suit Shanghai's new
enterprise system, a local official said.
development has recently been boosted by dozens
of private technological enterprises. They have
been developing at a rate of 30% for five consecutive
The closing ceremony of
the Sixth Shanghai Radio Music Festival was held
on November 19. It was also the awarding ceremony
for best musical programs and DJs.
Polish President Aleksander
Kwansniewski met with Shanghai Deputy Mayor Zhao
Qizheng in the city on November 19.
'97 Shanghai International
Stamps & Coins Fair was held at Shanghai Exhibition
Center on November 19. More than 100 companies worldwide
attended the fair.
The number of private cars
in Shanghai is increasing very slowly because of
measures to curb traffic flow on road as well as
the high prices for license plates, which usually
cost as much as the vehicle itself.
A number of international
technology and electronic companies are in town
for two exhibitions which are being held at Shanghai
Exhibition Center this week.
About 50 shops and companies
are moving out of one of Pudong's main commercial
streets-- Dongfang Road-- to make way for a park.
A leading paediatrician
has recently expressed concern about the growing
number of children with signs of early puberty which,
as she points out, is contributed mainly by food
such as milk, pork, chicken and ginseng jelly.
The 6th Shanghai International
Broadcasting & Music Festival will open tomorrow
morning at the newly-built Shanghai New Stadium.
The Shanghai Commodities
Fair will open on November 18 at the ShanghaiMart.
There will be 1,500 booths taking up 30,000 square
'97 Shanghai International
Coins & Stamps Exhibition will be held from November
19 to 23. It is the second time Shanghai has ever
sponsored this kind of exhibition.
Shanghai's air pollution
seems to be worsening. The recently-released API
(air pollution index) shows that the total air quality
has degraded from Grade II to Grade III.
Shanghai Railway Transportation
Bureau recently announced its plan to speed up the
trains from Shanghai to Hangzhou and from Shanghai
to Ningbo. It now takes only less than 2 hours to
get to Hangzhou.
The National Stationery
Products Trade Fair, held in ShanghaiMart earlier
this week, has concluded a total sales of more than
The week-long Shanghai Science
& Technology Festival ended on November 12. More
than 1 million local people took part in the various
exhibitions and lectures.
Shanghai's industrial sector
has achieved a total output of US$54,49 billion
over the past ten months, up 14.9 percent over the
same period last year.
Since the '97 Shanghai Science
& Technology Festival was opened 8 days, there have
been more than 50,000 visitors to Shanghai's science
& technology education base.
The construction for the
Eastern Section of the Yan'an Elevated Road was
completed recently. The 3-kilometer road will greatly
facilitate the city's traffic.
Average monthly rental prices
in Shanghai's office leasing market have dropped
20.7% from its peak period in 1995 to US$41.5 per
square meter per month.
Private businesses in Shanghai
are booming. There are now 65,000 private enterprises
in the city -- more than 27 times the number that
existed just five years ago.
The '97 Shanghai Science
& Technology Festival opened on November 6. This
year's theme is on sustainable growth. During the
week-long festival, the China-made Red Flag II missile
is on display.
There are six ongoing exhibitions
featuring network computing, scientific world for
teenagers, environment-protection and Shanghai's
recent scientific and technological achievements.
An automobile parts and
components market is under construction in the city's
"auto city" - Jiading district to meet the ever-growing
requirements of Shanghai's rapidly expanding car
A Shanghai-flavored Sesame
Street, in which typical stone gates and terraced
houses are featured, has been set up at the Shanghai
Television Station (STV).
Shanghai has become China's
most attractive city for Japanese investors. Up
to now, there are 2,130 Japanese-funded enterprises
Shanghai's technology transfer
market is steadily developing, churning up an annual
output of about US$1 billion.
The opening ceremony(the
so-called "laser-music-night") for Shanghai 6th
International Broadcasting & Music Festival, which
opens on November 15, will be viewed via the Net.
Shanghai has attached great
importance to helping with the resettlement of people
for the Three Gorge Dam project, which will make
history for its river-blocking on November 8.
Shanghai played host to
over 1.2 million foreign tourists in the first nine
months this year, up 18.4 from last year's figure.
More than 250 Chinese and
Japanese environment-protection experts gathered
in the city on November 5 to compare notes at the
China-Japan Environment Protection Technology Symposium.
China's electronics industry
will receive a strong boost when the Shanghai Huahong
NEC Microelectronics Company opens in Pudong. This
Sino-Japanese JV, with a total investment of US$1.2,
is expected to make 20,000 8-inch chips each month.
Shanghai's textile industry
generated US$17 million in profits in the first
nine months of this year, bucking a five-trend of
The foreign trade value
in Waigaoqiao Free Trade Zone rose 87 percent from
a year ago to reach US$2.01 billion during the first
nine months this year.
President Jiang Zemin returned
to Beijing on November 4 after his successful visit
to the United States.
Chinese families are increasingly
satisfied with their living standards and are optimistic
that their incomes will continue to increase, according
to a recent survey.
SAP, a giant business software
developer, held an exhibition to showcase the Chinese
version of its R/3 system.
The city held its annual
meeting in collecting data on the city heroes who
either faced criminals courageously or save other
More than 160 international
business leaders from various industries attended
the ninth annual meeting of the International Business
Leaders Advisory Council for the Mayor of Shanghai
to share their experiences and insight with Shanghai
Mayor Xu Kuangdi and other policy makers in the
Tourists from home and abroad
were amazed by the abundant activities planned for
the '97 Shanghai Tourism Festival, which opened
early this month.
Motorola, the world's leader
in paging technology, is about to tap the great
potential in Shanghai's paging market. So far it
has provided Shanghai residents with 1.9 million
The United States now tops
the list of multinational companies investing in
Pudong, according to a latest report from Pudong
To provide more job opportunities
to those laid-off workers, the city encouraged districts
to shift their re-careering focus to the tertiary