HOME THURSDAY NOVEMBER 25, 2004





BUSINESS
A TOTAL of 65 people were killed in a fire in five iron mines on the morning of November 20 in Shahe City of North China’s Hebei Province, said an official with the leading group in charge of the rescue operation.
 
Nation
  • Weather
    Shanghai
  • Week in brief
    Shanghai
  • RMB speculators mount up
    SINCE the People’s Bank of China raised its benchmark lending and deposit rates in a market-oriented move to guide the economy, investors from home and abroad are inclined to believe a higher RMB exchange rate is just around the corner. But recent evidence appears to be at odds with this hope.
  • Yangtze Delta tries to hold 30 per cent of GDP by 2020
    Developing local companies under increasing pressure from foreign investment is the biggest challenge facing the economically prosperous Yangtze River Delta.
  • China shows confidence in fighting IPR crimes
    THE Chinese Government demonstrated a strong and clear stance and confidence in combating counterfeiting and furthering international co-operation in this field to secure a safe and sound social and investment environment.
  • Int'l bidders active in CCTV ads auction
    CHINA Central Television’s (CCTV) yearly auction for primetime advertising was held on November 18. P&G became the top bidder with a total offering of 385.15 million yuan (US$46.57 million). A total of 5.248 billion yuan (US$634.58 million) was raised by the auction, 19 per cent higher than last year.
  • CDMA network expansion
    ERICSSON has announced additional CDMA2000 1X infrastructure expansion contracts with China Unicom worth approximately US$90 million.
  • Cemetery space shortage
    THE Shanghai Public Cemetery Administrative Regulations are being amended to shorten internment rights in cemeteries from 70 years to 20 or 30 years. The purpose is to save land, the China Youth Daily reported.
  • Correct care for kids
    SHANGHAI parents have a more active and scientific attitude toward early childhood education but are unwilling to spend more time playing with children, compared with parents in Beijing and Guangzhou of Guangdong Province.
  • Experts call for property rights system
    CHINESE and French judicial officials and notaries called for a joint effort to hasten the establishment of a system of rights encompassing urban property development, use of rural land, launch of large construction projects, and intellectual property in a recent seminar.
  • Shanghai Forum to be held
    THE Shanghai Forum, focusing on “Economic Globalization and the Choice of Asia,?will be held in May, 2005, said president Wang Shenghong of Fudan University at the university’s latest press conference.
  • Numbers of this week
    40 million
  • Man challenges record as tallest healthy adult
    XI Shun, a farmer from North China’s Inner Mongolia, is applying for a new Guinness World Record as the world’s tallest healthy adult.
  • Costs keep many patients out of hospitals
    THE cost of medical care has increased more rapidly than residents?income, leading many to avoid medical care when they need it, said a director from the Ministry of Health (MOH).
  • Mine fire kills 65
    A TOTAL of 65 people were killed in a fire in five iron mines on the morning of November 20 in Shahe City of North China’s Hebei Province, said an official with the leading group in charge of the rescue operation.

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