- April, 2001
- March, 2001
- January, 2001
Shanghai is becoming an
increasingly popular venue for international conferences
and exhibitions. From the Fortune Global Forum and
UN symposium on Disarmament and Security in Asia
and Pacific to the coming summit of the Shanghai
Five and the APEC annual meeting, international
conferences and expositions are being held in Shanghai.
According to industry sources, the city hosted 146
international conferences and about 200 international
exhibitions in 2000. Relevant figures show that
international arrivals at Shanghai exceeded 1.8
million in 2000, while its tourist income totaled
Veritas Software Corp of
the United States has relocated its China headquarters
from Beijing to Shanghai, "Shanghai is a coveted
market which provides many business opportunities,"
Veritas Asia-Pacific Vice-President Craig Stevens
said. Stevens said Veritas is considering a plan
to further invest in China by co-operating with
Chinese partners. He revealed that Veritas will
spend$3.9 billion within the next five years developing
new products for its global market. Some will be
available for Chinese customers.
Shanghai Video & Audio Electronics
Co Ltd (SVA) has joined with US-based Internet security
solution provider Intrusion.com to develop web infrastructure
and security products. SVA Intrusion Co Ltd, has
a total investment of 170 million yuan ($20.5 million).
SVA, one of the earliest listed companies in China,
is the majority shareholder of the newly formed
An international hotel equipment
and supply expo will be held at Shanghai Everbright
Convention and Exhibition Center on April 17. The
four-day exhibition, sponsored by Shanghai Tourism
Commission and MF sinoexpo, will display exhibits
from 300 companies. The world's 10 well-known hotel
groups operate more than 80 hotels in China and
comprise a market opportunity for the expo.
Foreign investment in the
city hit $2.1 billion in the first quarter of this
year, 2.1 times as much as that of the same period
of last year, Shanghai Statistics Bureau's latest
report showed. The city signed a total of 546 contracts
with foreign investors, 154 more than that of the
first quarter of 2000. A total of $899 million of
foreign capital has already been channeled into
the city, up 39.7 percent from the same period in
the previous year.
China Merchant Bank (CMB)
Shanghai Branch's alliance with China Communication
Securities Co Ltd will allow its "All in One Card"
banking card users to trade securities directly
with money deposited in the bank. Its move was followed
by the Industrial and Commercial Bank of China (ICBC)
and Agricultural and Commercial Bank of China. Bank
of Communication Shanghai Branch has also allowed
its Pacific card to do forex trading directly.
BASF will launch a project
at Shanghai Chemical Industrial Park to produce
key components for production of polyurethanes.The
project, which will be completed at the end of 2004,
is a joint venture with Huntsman Polyurethanes of
the US and Shanghai Tianyuan Company. Its investment
will total 1 billion euro ($1.1 billion), said Erich
Binckli, president of BASF East Asia Regional Headquarters
On April 16 Shanghai Government
held a conference to praise for the achievements
in field of science & technology.
From this month, Shanghai
Economy Trade Committee will adopt new generation
internet technology transmitting the industry information
to some districts, counties, bureaus and many groups.
The new technique facilities will take place the
using of the telephone and Modem. The information
industry's gross products are expected to 400 billion
Recently the work rectifying
the market has entered a climax in Shanghai. In
order to become the real cosmopolitan in the world,
the entirely market system has come into being from
the year 1990,
2001 Shanghai Spirit Civilization
Conference was hold on Apr 5, the task of the conference
was to take the new century's spirit civilization
to a new look.
Yu Xiao Song the chairman
of the 2001 Industry Commerce Leaders Summit Prepareing
Committee declared that 2001 Industry Commerce Leaders
Summit which was one of the APEC would be held on
Dec 18. It was organized by the China International
Trade Promoting Committee and the theme of this
summitt was: new century new economy: the development
in the globe. It would last three days.
On June 15th the heads of
"Shanghai five countries" will come to Shanghai.
They will change views to continue the development
of these five countries. This is one of the significant
diplomatic conferences in China in the year 2001
and also is one of the two important conferences
held in Shanghai in 2001.
2001 Shanghai International
Industry major fair or exhibition will open from
Oct 22nd to Oct 27th in this year. Recently Shanghai
has cooperated with the west areas in many important
fields and completed the 529 cooperating items,
the total money investment has reached 40.2 billion
yuan. During the period of the conference, a forum
ahout the west area's development also will be held.
And through the exhibition it will give opportunities
to west area walking towards the world.
In order to ensure the success
holding of the "Shanghai five countries" summit
and the APEC, "Shanghai road communication controlling
regulations" will be revised recently.
After the two great shipbuilding
factories "Jiangnan" and "Qiuxin" having been associated
into the new "Jiangnan Shipbuilding Group", the
other two great shipbuilding factories "Hudong"
and "zhonghua" have combined into Hudong Zhonghua
Shipbuilding (Group) Co.,Ltd., becomes the biggest
Chinese vessel manufacture base. The company is
hoped to become the world first classic vessel manufacture
enterprise in five years.
Shanghai WTO affairs data
centre was established in Pudong on Apr 7 and it
opened to society at the same time. The centre's
material includes the headquater information of
WTO, WTO's chinese and foreign specialty newspapers
and books, the central authorities and Shanghai
government department's WTO's affairs data and WTO's
specialty information data.
To accelerate to the progress
in meeting and greeting the new big challenge after
China enters the WTO, Shanghai's industry is commencing
new structure reform. Industry structure:completely
upgrading; product structure: coming into being
comprehensively competition advantangeous position;
technology structure: coming into being self opening
up and developing ability; enterprise structure:
emerging in large number of international enterprises;
elite structure: basically coming into being elites
Shanghai will establish
the international mobile city, which has six function
districts: mobile open up, develop and manufacture;
mobile trade; mobile service; moblie goods and materials
circulate; mobile culture and tour.
With the day that Shanghai
red-crossing having been established for 90 years,
all levels of red-crossings in Shanghai are greeting
the festival by donating their love heart.
Shanghai Lexing Information
Technology Co.,Ltd. and Liantong Shanghai Company
declared on Apr 9 that they would use the 191 platform
providing foreign languang service to APEC.
Shanghai Labour Bureau and
Society Safeguard Bureau recently organized the
lay-off to German receiving the skill training.
The lay-off needn't pay money for this training.
By the end of March, The Labour Bureau and The Society
Safeguard Bureau had provided many chances like
this to the lay-off and helped them find a job again.