|

|
| BUSINESS |
A TRAVELLER from Shanghai said he was kidnapped while travelling in the Philippines. After being kidnapped for four days, he was released after his family paid 1.15 million yuan (US$139,000) as required.
|
| |
| Nation |
- Week in brief
Shanghai
- Weather
- Nationwide cut in gasoline prices
STARTING May 24, China will cut its retail benchmark rate for gasoline by about 3 per cent while diesel fuel prices will remain unchanged.
- Market stimulator for adult care
VENUS, the Berlin-based international trade fair for sex and adult products, announced it will co-operate with the China Exhibition Group to hold the second Adult-care Expo China 2005, to meet the increasing demand of the Chinese for "adult-care" products.
- Next step forward
THE city will set up an optical instrument and electronics industrial park in the Fengxian District to help foster its new backbone industry. An optical instrument and electronics industry development centre was unveiled on May 19, marking an important step in the construction of the park.
- 3M
China Ltd, on May 25 announced the official opening of 3M Material
Technology (Suzhou) Ltd, in neighbouring Suzhou of Jiangsu Province
With an investment of US$20 million, the manufacturing base located in the China-Singapore Suzhou Industrial Park is 3M’s first manufacturing base outside Shanghai and its fifth on the Chinese mainland.
- China Eastern expands air fleet
CHINA Eastern Airlines, one of the country's three backbone civil aviation carriers, plans to import 27 aircraft from the Boeing and Airbus companies this year to reinforce its fleet, enabling it to provide additional flights on domestic and overseas air routes.
- Holiday in hell
A TRAVELLER from Shanghai said he was kidnapped while travelling in the Philippines. After being kidnapped for four days, he was released after his family paid 1.15 million yuan (US$139,000) as required.
- Fitness flops
THE Xuhui District government spent 5 million yuan (US$605,000) to provide 4,000 governmental officials with physical fitness, the Oriental Morning Post reported.
- Ancient message-bearers
THREE ancient steles have been found in the City God Temple, which is presently undergoing refurbishment, the Shanghai Morning Post reported.
- Bribed to study
A GRADE-THREE pupil who came top in his class in the mid-term examinations was rewarded with a BMW worth more than 1 million yuan (US121,000) by his father, the Shanghai Evening Post reported.
- Shanghai not butterfly lovers
THE city's suburbs are facing a "butterfly disaster". Since May 22, swarms of white butterflies have thronged through Nanhui, Jinshan, Fengxian, Minhang, Baoshan and Pudong districts, the Shanghai Morning Post reported.
- Diplomatic tussle over war shrine visits
THE remarks made repeatedly by Japanese leaders on visiting the Yasukuni Shrine, in defiance of the appeal of the international community and the feelings of people in countries invaded by Japan during World War II, have aroused concern about whether Japan really wants to seek peaceful development, a Chinese Foreign Ministry spokesman said in Beijing on May 24.
- Numbers of the week
- China becomes world's 3rd largest film maker
CHINA has become the third largest film producer in the world following the United States and India, a film industry official said recently.
- Top shoppers
CHINESE tourists spend US$987 per person on average when travelling abroad, surpassing the figure for Japanese tourists and making them the world's most enthusiastic shoppers, a recent survey showed.
|
|
|