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  • Government spells out a long-term plan to help the jobless, and this time, some business people are giving a helping hand.In shanghai,the 40-50 project puts unemployed back to work.

  • Shanghai has 2,027 items subject to administrative examination and approval: many more than other big cities. The good news is that Shanghai is cutting re tape to improve its dfficiency. Up to 50 per cent of the bureaucracy involving administrative examination and approval will be cut.

  • The number of the scientific and technological minor enterprises in shanghai has broken throught ten thousand for the first time.

  • "ANTITRUST" a U.S. procuction about a high-technology monopoly, won the Golden Cup Award for best movie on the 5th Shanghai International Film Festival.

  • Heads of State from the "Shanghai Five" countries!China, Russia, Kazakhstan, Kyrgyzstan and Tajikistan gathered here on Thursday and Friday for their sixth annual meeting. The six presidents all support talks to facilitate trade and investment within the frame work of the organization and support the outline for long-term trade and economic cooperation.

  • Officials from the local metro authority have given assurances that it is safe for passengers to ride the Pearl Line light rail during the an-going plum rainy season, because thunder-proof decices installed in each metro cosch can protect both the people and the train from thunder bolts.

  • When Shanghai Volks wagan rolled its 60,000 Passet off its production line , it announced it will begin production of its first compact car within the year-heating up the already competitive domestic private car market.

  • The city's widest pedestrian overpass!at Zhaojiabang and Tianyaoqiao roads in the Xujiahui shopping area!is taking shape.

  • To support Beijing's bid for the 2008 Olympics,on 6,23th, more than 2000 runners from Shanghai and Taibei are participating in "Beijing Olympics!Running through the Straits".

  • Prices in Shanghai's residential housing market increased for the eighth straight month in May, simulated by continuous demand.



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