- April, 2001
- March, 2001
- January, 2001
Shanghai has handled its 6 millionth
20-foot container for this year, a record number for the
port city. A port spokesman said containers handled this
year are expected to reach 6.3 million. The port invested
4.43 billion yuan ($540 million).
Major telecommunications giant
Shanghai Bell and Samsung Electronics set up a joint venture
in Shanghai recently to develop and produce CDMA mobile
telecommunications system and related products. The two
companies will invest $29 million in research, development,
manufacturing and marketing of CDMA mobile phones and
Shanghai has built a pearl market
in Yuyuan Garden in its effort to turn the city into Asia's
largest pearl market, replacing Hong Kong. The 3,000-square-metre
Pearl Circles in Tianyu Tower, the city's first wholesale
and retail pearl market, now sells less than 2 tons of
pearls a month.
A project to offer more jobs to
laid-off workers has been highly successful in Pudong,
with the creation of a total of 58,000 jobs. Meanwhile,
six human resource agencies were set up to offer job opportunities
to laid-off workers free of charge in the coming year.
Statistics show that the fertility
rate in the city is the lowest in the country. Experts
said that the low birth rate is connected with the fact
that more and more women attend universities and pursue
Those who think Shanghai lacks
creative artists may change their minds if they visit
the first Shanghai Fine Arts Exhibition that opened to
the public last Saturday. The 377 pieces on display have
been selected by the Shanghai Artists' Association from
over 1,000 oil paintings, Chinese paintings, prints, sculptures
and other pieces.
Shanghai will launch China's first
insurance industry development indicator system and insurance
index next year. The system and index will lend market
players and the government a perfect tool to analyze market
trends and prospects.
The Bund Center, a newly completed
corporate, residential and hotel complex along the Bund,
captured the attention of people who passed by the building
last Thursday, when it revealed crown light at 198 meters
Shanghai International Automobile
City has signed agreements with 14 multinational and Chinese
auto conglomerates to step up construction. These agreements
are involved in projects to build an auto mansion, an
auto theme park, an auto service center, an auto research
and development center, and an auto exhibition center.
More and more Shanghainese young
men have married foreign women in the past year, at an
increase of 15 per cent from the previous year. A total
of 3,300 local people married foreigners, with men marrying
foreign women the largest increase.
The city will double its flights
to Japan next year. Certain departments said that the
increase has resulted from completion of the new runway
in one of Japan's major airports. From next April, a total
of four planes will fly to Japan every day, a rise from
the current two flights.
The Shanghai Broadcasting Network
(SBN), a satellite TV service, was granted a license to
telecast programmes in Japan after an agreement was reached
here on Tuesday.
With China's entry into the WTO,
the number of Hollywood imports will double from 10 to
20 a year. Strangely enough, even Chinese film makers
themselves welcome this challenge, although it might strike
a fatal blow to the domestic film industry.
The simulated operation of the
much-heralded Shanghai Gold Exchange started last Wednesday.
It not only showed China's commitment to the deregulation
of the country's gold market, but also symbolized that
Shanghai has obtained a complete list of markets to become
a financial center.
The high-tech industrial and financial
district of Pudong has registered a 22 per cent increase
in foreign trade during the January-October period. The
latest customs statistics show that Pudong imported and
exported $24.98 billion during the first 10 months of
this year, including $15.5billion in imports and $9.48
billion in exports.
Crystal Decisions, an international
software company, signed an agreement with Stargate Technology
Ltd yesterday to entrust Stargate as its agent in Shanghai.