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1997---November




  • 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 students.

  • 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 businesses.

  • 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 Tibet.

  • '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.

  • Shanghai's technological development has recently been boosted by dozens of private technological enterprises. They have been developing at a rate of 30% for five consecutive years.

  • 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 meters.

  • '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 US$140 million.

  • 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 market.

  • 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 in Shanghai.

  • 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 loss-making.

  • 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 people's lives.

  • 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 city.

  • 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 pagers.

  • The United States now tops the list of multinational companies investing in Pudong, according to a latest report from Pudong Customs.

  • To provide more job opportunities to those laid-off workers, the city encouraged districts to shift their re-careering focus to the tertiary industry.
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