- April, 2001
- March, 2001
- February, 2001
- January, 2001
The central government ordered
last month that prepaid consumer cards not be used
around the country after February 28. Anyone who
releases such cards after that date will be penalized.
More Shanghai residents
are planning to purchase their own cars, a recent
Food consumption in Shanghai
this year is expected to reach US$9 billion. Local
food brands are selling well and they usually take
up almost half of the market.
The Shanghai government
is striving to limit the city's registered unemployment
rate to around 4.5 percent for the next five years.
The city government will
invest US$30.1 billion in its industrial zones within
the next five years.
Shanghai's private enterprises
are developing fast and have occupied a major share
of the city's economy. Last year, they increased
output value by US$3.4 billion.
The China Life Co., Ltd.
Shanghai Branch has vowed to spare no efforts to
further improve its management and services in a
bid to tackle the challenges brought about by China's
upcoming accession into the WTO.
The Ninth Shanghai International
Automotive Industry Exhibition will be held at Shanghai
International Exhibition Center, Shanghaimart and
Shanghai Everbright Convention Center between June
19 and 24.
The city's industrial sector
plans to introduce foreign funds of US$3.5 billion
to US$4 billion this year to boost its production
of high-tech products.
Shanghai has clinched contracts
of nine foreign-funded ventures valued at US$400
million that cover IT, telecommunications and precision
machinery, in the first month this year.
A huge duty-free shop about
3,000 square meters in size will be opened this
year in the Shanghai Stadium compound, in the place
of a previous go-kart hall.
The average disposable personal
income of Shanghai urban residents reached US$1,411
last year, up 7.2 percent over the previous year.
a website that caters mainly for the young and wealthy,
is slashing its staff by about a third, another
indication that Chinese Internet companies are struggling
to stay afloat.
Logistics has been listed
at the top of the seven key industries to be developed
in the city's 10th Five-Year Plan Period (2001-2005)
of commerce, according to sources with Shanghai
Municipal Commercial Commission.