- December, 1999
- November, 1999
- October, 1999
- September, 1999
- August, 1999
- July, 1999
- June, 1999
- May, 1999
- April, 1999
- March, 1999
- February, 1999
- January, 1999
The Shanghai American School
has secured a US$15 million loan to fund the second-phase
construction of its new campus in the city's west
Shanghai is to stage China's
first International Art Festival between November
1 and December 1, featuring 30 major performances
by both domestic and foreign drama, dance and music
A commercial briefing indicated
that the retail business in Pudong New Area achieved
mild increase to more than US$60 million in the
first quarter of this year, an increase of about
13.6 per cent compared with the same period of last
Over the next five years
China's industrial and commercial centers in Shanghai
will try to eliminate pollution resulting from straw
burning by making more use of the material which
is a by-product of various crops.
More than 700 specialists
worldwide gathered here to participate in "Ophthalmology
China '99" and "Vision China '99" exhibitions concurrently
being held in ShanghaiMart.
In an operation to crack
down illicit VCD (video compact disk) trading, approximately
18,000 obscene VCDs were confiscated last week resulting
in the arrest of two suspects.
The past 50 years witnessed
the fast development of China's largest city. Its
GDP is increasing at an annual rate of 9.1 per cent,
its revenue 9.3 per cent and its investment in fixed
assets 15.6 per cent.
More chiefs of multinational
companies have signed up with the Fortune Global
Forum to be held in Shanghai in late September,
despite the recent tension between Sino-US relations.
Forty prospective undergraduate
students who wish to major in preschool education
will be recruited this summer by the Preschool and
Special Education College at East China Normal University.
Traditionally, kindergarten teachers graduated from
Shanghai will be ablaze
on the night of May 28 as every city light available
will be turned on in celebration of the 50th anniversary
of the liberation of Shanghai.
A series of activities were
held on May 27 to celebrate the 50th anniversary
of the liberation of Shanghai. There has been a
sea of change in the city since the year it was
In a recent survey of 500
local small enterprises, jointly conducted by Shanghai
Municipal Statistics Bureau and Shanghai Economic
Restructuring Office, cash shortage ranks at the
top of the list of worries of most respondents.
China's first online stock
auction will be held from May 26 to June 2 in the
city. Transactions will be prioritized according
to prices, quantity, and time.
Pudong Airport will become
China's first airport to set up foreign-funded duty-free
shops. World-famous international companies will
be invited to bid for the grant to sell duty-free
goods at the airport.
To strengthen the marketing
cooperation between Hong Kong and the mainland in
the field of marketing, the Hong Kong Marketing
Services Expo will be staged in Shanghai from May
26 to 28.
Technology Seminar on Y2K
in Financial Software was held by Shanghai Year
2000 Problem Working Committee and Systems Union
Limited last Friday at the Grand Hyatt Shanghai.
The city plans to equip
8,000 vehicles with devices this year to enable
the to use liquefied petroleum gas (LPG) as fuel.
Weather experts predict
that the hot days of summer will be warmer than
average, but last year's unusually hot weather will
not be repeated.
Yixian Elevated Road, the
city's first foreign-funded elevated road, opened
to traffic on May 20. The road will make Baoshan
District more accessible traffic-wise.
Puding Airport, which will
open to flights on October 1, is set to become a
hub of aviation in the Asia-Pacific region a few
years down the line.
China United Telecommunications
Corporation (China Unicom) will provide IP (Internet
phone) services and long-distance calling in an
effort to broaden its business scope.
Although many international
management consultancies have entered the Shanghai's
market, their impact on governmental decisions is
by no means impressive.
utilized in Shanghai after the mid-1980s, is attracting
more attention from the local medical field.
Shanghai Postal and Telecommunications
Bureau has recently signed an agreement with AT&T
to construct a telecommunications network in Pudong.
The'99 Shanghai International
Automobile and Manufacturing Technology Exhibition,
acclaimed as the biggest in China this year, will
be held in Shanghai from June 15 to 20.
The '99 Shanghai International
Fashion Expo, a major event at the 5th Shanghai
International Fashion Culture Festival, drew back
its curtain at the Shanghai Exhibition Center on
The city will begin choosing
award-winning classical architecture to mark the
50th anniversary of the founding of the People's
Republic of China.
University graduates in
Shanghai complain that 1999 is a tough year for
them. They are finding that a university education
is no guarantee for good jobs that have something
to do with their studies.
Man beyond 2000, the first
international men's fashion and image event in China,
made its debut last week at the Shanghai Television
Shanghai's university students
protested against NATO's bombing of the Chinese
embassy in Belgrade which killed three and wounded
more than twenty. Many of them gathered in front
of the U.S. general consulate in Shanghai, chanting
slogans such as "Peace for ever" and "Anti-hegemonism".
Shanghai ranked number one
in imports and exports among the nation's top 10
customs offices during the first three months this
According to newly issued
regulations, business licenses for Internet cafes
(or cybercafes) in the city can only be issued in
conjunction with another three relevant certificates
The Government Procurement
Center was launched on May 12 marking a substantial
step in the modernization of the municipal government's
ability to purchase items for official purposes.
The three Chinese journalists
killed in the US-led NATO missile attack on the
Chinese embassy in Belgrade on May 9 were awarded
on May 14 the title of Revolutionary Martyrs" at
a ceremony held in Beijing.
Chinese-style snack business
is booming in the city. Following in the steps of
foreign snack businesses such as Kentucky Fried
Chicken, McDonalds and Pizza Hut, local snack bars
featuring traditional Chinese snacks are attracting
more local residents.
Shanghai's new futures trading
center was opened on a trail basis on Tuesday as
part of the Chinese Government's effort to reform
the financial system.
The Waigaoqiao Free Trade
Zone, located in Shanghai's Pudong New Area, has
enjoyed a growth rate of over 20% in GDP annually
since it was established in 1990.
The '99 Shanghai International
Fashion Expo is going to be staged at the Shanghai
Exhibition Center Square from May 12 to 16. Some
500 enterprises at home and abroad will attend the
International action hero
Arnold Schwarzenegger and his wife Maria Shriver
are guests of honor at a Special Olympics fund-raising
gala dinner scheduled at The Portman Ritz-Carlton
Shanghai on May 23.
A Children's paradise--The
Fairyland Children's Art Exhibition is now being
held at Zhongshan Park. Lasting from April 28 to
June 10, the show is intended to create a Chinese
Two shows will be held at
Shanghai International Exhibition Center between
Tuesday and Friday to display decoration and building
Shanghai will continue to
see rather hot weather in the next two days due
to the effect of high atmospheric pressure. The
temperature will stand at around 26 to 28 centigrade.
Local judicial officials
have affirmed the important role lawyers play in
social stability--and they are calling for more
rights to be given to them.
Services bound for Europe
don't look promising although the number of containers
are increasing, said a spokeswoman with the Shanghai
Bank of China Shanghai branch
recently launched the '99 Credit Card Exhibition
at Shanghai Library in a bid to promote China's
fledgling charge card business.
Shanghai will provide foreign
investors with plentiful opportunities as it continues
efforts to improve the investment environment and
services, said Mayor Xu Kuangdi.
As many as 246 centenarians
are living in the largest city in China, three times
the 1990 figure, according to Shanghai Municipal
Committee on Aging. Of them, 188 are females and
the eldest is 109 years old.
A scheme, organized by Project
Hope Shanghai Office, which sponsors students from
poor families in the city, has received a very warm
response from the public since it was initiated
Shanghai can reach its economic
goals this year though its economic growth rate
was slower than the national level in the first
three months this year.
Local shipping companies
are expected to benefit from China's entry into
the WTO although that will bring fierce competition.
May 1 is the International
Labor Day. People can have three days off, starting
from May 1st to May 3rd. As a result, more than
450 passengers are expected to take the train during
China Shanghai International
Art Festival is expected to be held in the city
from November 1 to December 1. The festival will
feature traditional Chinese arts.
A 100-million-yuan foundation
has been recently set up. Called Zijiang Education
Fund, named after a local private company, it is
to be used to finance various programs in East China
tax revenues reported a 20.3% rise over the same
period last year to more than US$2.97 billion.
Shanghai plans to reduce
the proportion of its money-losing State-owned and
State-controlled enterprises from 35% to 15% by
the end of next year.