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May



  • 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 Minhang District.

  • 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 troupes.

  • 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 year.

  • 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 teachers' schools.

  • 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 liberated (1949).

  • 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.

  • Interventional therapy, 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 Sunday.

  • 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 Building.

  • 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 year.

  • 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 or licenses.

  • 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 expo.

  • 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 Disneyland.

  • Two shows will be held at Shanghai International Exhibition Center between Tuesday and Friday to display decoration and building materials.

  • 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 Shipping Exchange.

  • 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 this February.

  • 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 the holidays.

  • 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 Normal University.

  • Shanghai's first-quarter 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.

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