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1998---May




  • May 30 is this year's Dragon Boat Festival. The traditional festival features one famous staple, zong zi, which is a cone-shaped dumpling made of glutinous rice and all kinds of fillings wrapped in bamboo or reed leaves.

  • Mayor Xu Kuangdie met with visiting Israeli Prime Minister Benjamin Netanyahu on May 28. Mr. Netanyahu is on a four-day official visit to China.

  • Shanghai securities authorities has promised to focus on helping local listed companies improve their economic efficiency and raise more capital from the Shanghai Stock Exchange and other bourses.

  • Starting next month, Shanghai will begin to implement a standard land pricing policy--which features an average land price in certain areas--in hopes to improve transparency in the land-leasing market.

  • Bell Atlantic has become the first foreign company to enter China's telephone directory advertising business. It has signed a contract with Shanghai Telephone Directory Corp. on May 27.

  • Long Hua, the oldest Buddhist ritual site in the southwest of Shanghai, is expected to take on a new look after a US$36.6 million re-development project is completed in October, 1999.

  • The city began dredging up garbage and removing obstacles from the rivers this week. It is the city's first drive to clean all the contaminated rivers.

  • The re-training program for more than ten thousand laid-off workers has been completed. Sponsored by Shanghai Charity Foundation, the program is expected to train the same number of workers before next May.

  • '98 World High-School Students Games is expected to be held in Shanghai from October 12 to 19. It is co-sponsored by The Ministry of Education and Shanghai Municipality.

  • Shanghai's property market, after suffering from a glut of empty housing, hit a new low, with a key index falling 1.4% in April.

  • Plastic pollution has become a serious concern. The amount of waste is increasing at a rate of 10% each year and is expected to reach 12,000 tons daily by 2000. The city is planning to build 10 incinerators and one large landfill in the coming years.

  • Hongkou District is beefing up its efforts in developing high-tech industries. Its most bustling commercial street, Sichuan Road (N) is expected to build into a multimedial information street.

  • Helping the laid-off is on the top of the government's agenda. City leaders are inspecting its city-wide re-employment effort and the re-careering project.

  • Shanghai's Qingpu County is planning to construct the first suburban "intelligent" residential community which will feature computerized property management, security management, telemedicine, etc.

  • The city plans to increase 350 acres of green space this year, thus bringing per capita green space to 2.75 square meters and green coverage to 18.8%.

  • The city is considering developing urban industries, which as experts predict, include food and garment industries. The city is also urged to develop clock-making, jewelry and fine arts, printing and publishing, stationery and sports goods, the manufacturing of gifts or keepsakes for tourists.

  • Shanghai's industrial sector have taken four measures to ensure the city's 10% increase in GDP this year. The measures include the increasing of exports, heavier investment in key projects, etc.

  • Luwan District in downtown Shanghai has simplified the procedures for opening a business. As a result, it has become a more attractive area for private enterprises.

  • The city plans to use wind to generate electricity as part of its increasing effort to reduce coal consumption and improve the environment.

  • Local district governments will invest more money this year to improve and beautify the banks along Suzhou Creek. They include Huangpu, Changning and Jing'an.

  • Local people who are Net-savvy or technologically oriented will have faster connections to the Internet. The World Wide Web is no longer World Wide Wait with the increasing use of ISDN which is short for integrated services digital network.

  • The city sees off the 50 Shanghai cadres selected this year to work in Tibet to help the region's social and economic development.

  • May 17 is the eighth National Day for Disabled. The whole society are helping the city's half a million disabled people in various ways.

  • Rainy days and low temperature are expected to persist. The weather wouldn't lift until May 18, according to an engineer with the local meteorological station.

  • As enterprises downsize, more and more employment agencies have been set up. The city now boasts of more than 1000 such agencies that help laid -off workers re-career.

  • The first four months witnessed an increase of 12.4% for the city's imports and exports, compared to the same period last year. As a result, the total volume has reached US$16.89 billion.

  • A recent survey found that more university students in Shanghai have expressed an strong interest in applying for membership in the Communist Party, Wenhui Daily reported.

  • Shanghai residents and enterprises are urged to save water and protect limited water resources, according to Shanghai Water Supply Office.

  • Beginning this week, the local congress will begin discussing the government's effort in protecting the interests of Taiwan investors in Shanghai.

  • Pudong saw a 14% increase in its gross domestic product from January through April, according to the new area's Comprehensive Planning and Land Bureau.

  • Eleven overseas multinationals have set up their China headquarters in Shanghai, according to the Shanghai Foreign Investment Commission. They include Kodak, Coca-Cola, Raychem, Inland, Philips, Allied-Signal, Gillette, Roche, Bayer, Unilever and Tomson.

  • '98 Computer-Network Shanghai was held on May 12. More than 150 computer companies, software engineers and network vendors from home and abroad took part in the expo.

  • Shanghai has finalized its plan to develop and improve its ports. The city is planning to handle about 4 million 20-foot containers by the year 2000, which will double this year's volume.

  • Chain stores, a relatively new concept to local residents, have blossomed in town and have so far contributed a lot to the city's retail development.

  • Chinese Premier Zhu Rongji recently said that special inspectors sent to help financially troubled large- and medium-size State enterprises should be politically competent and highly principled, just and honest.

  • On May 7, the city government held an honoring meeting. 858 model workers from all works of life were invited to attend and honored by city leaders.

  • President Jiang Zemin said in Beijing that the founding of the Preparatory Committee for the Macao Special Administrative Region indicates that preparations for Macao's return to the motherland have entered a new stage.

  • China will adopt a container freight tariff filing system in its opening ports and is working out relevant legislation for it.

  • Intel Chairman and CEO Andrew grove announced on May 7 the formal opening of the chip-making giant's US$198-million manufacturing plant in Pudong New Area.

  • Because of El Nino, Shanghai is expecting a much earlier and longer summer this year, according to experts with the Shanghai Central Meteorological Station.

  • Four local retailers have been ranked as the top four retailing companies in China in terms of sales in the first quarter of the year. They are No. 1 Department Store, Shanghai Hualian Co., Ltd., Shanghai Yuyuan Tourism and Commercial City Co., Ltd. and Shanghai Lianhua Supermarket Co., Ltd.

  • Unilever, one of the world's leading daily-use goods producers, announced the opening of its China Group on May 6.

  • While several provinces in northeast China is still dealing with a serious drought, the city and its neighboring provinces are calling for help in flood-control.

  • '98 Shanghai International Fashion Model Contest begins on May 5. About 40 models from more than 20 countries and regions are invited to take part in it.

  • Shanghai Jianping Middle School opened an online school which was the first of its kind among the city's middle schools. The new teaching mode, meant for distance learning in the long run, will be facilitated by communications via e-mail.

  • On May 2 the opening ceremony of '98 Shanghai International Art Festival was held. The annual festival's closing ceremony is expected to be held on May 19.

  • Local industrial leaders were urged on May 3 to strive for an industrial growth rate of 11 to 12 percent this year, to guarantee that the city's targeted rate of 10 percent will be achieved.

  • A new taxing pricing measure that features lower starting fees triggered different responses after it was adopted late last month.

  • Robert Bosch GmbH launched its new sales distribution initiative on May 5 with the opening of its first sales company--Robert Bosch International Trading (Shanghai) Co., Ltd.--in the city.

  • The Shanghai No. 1 Department Store (Group) Co., Ltd. has become the sole owner of the Oriental Price Club which was founded in 1996 by the No. 1 Group and The Hong Kong Shanghai Industrial Investment Co., Ltd.

  • A new water factory in Minhang that was built with a government allocation of US$63.3 million can now provide 400,000 cubic meters of water every day to residential areas and businesses within the area.

  • The Shanghai Trade Union's "Helping-the-Poor" project has benefited more than 100,000 workers since it was started four years ago.

  • Hongqiao International Airport will become an agent for Northwest Airlines of the United States on July 2 to help it provide landing and take-off services.

  • The city's first liquefied petroleum gas station for car fueling has been completed in Pudong New Area.

  • Shanghai is encouraging more residents to buy homes in the emerging business center of Pudong, with hopes of solving a property glut there, a local senior official said recently.

  • Shortage of water, electricity and coal in Shanghai is history. Since 1992, the city has been reforming its water-supplying and energy industries with the establishment of many water and gas factories.

  • The city government held a party on the night of May 1 to celebrate the International Labor Day. Also attending the party are model workers, excellent workers and representatives of workers.
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