2000 IT forum on the way
A HIGH-profile gathering of IT users and industry leaders will be held in Shanghai in the middle of the year.
Before you settle down to business here...
ARRIVING in Shanghai can be a little disorienting, even for a tourist.
Somerset confident in housing market
SINGAPOREAN property developers are still showing strong interest in the local market though the city has many empty houses.
Rumous quashed, IDD access to stay
SHANGHAI's chief telecommunications operators have denied rumours they are set to ban all IDD business for new mobile phone users in the local market.
Emery offers you quick delivery
LOOKING for somebody for a jumbo delivery to the US? Contact Emery Worldwide, which recently expanded its guaranteed "Gold Priority Express" service for shipments from Shanghai to 48 states in the United States, plus Puerto Rico, Canada, and major points in Mexico.
Government to survey commercial framework
HOW many commercial enterprises are there in Shanghai? What is the city's commercial structure?
Robin Smith: from movie child to top business woman
ROBIN Smith grew up as a Hollywood movie child.
Seek future card users
IN the 21st century, cash payment will be replaced by bank card payment, a senior Visa Inter-national executive said last week.
Website bids to be good medical guide
JUST one click, you might be interviewing with a psychologist in Shanghai, or a traditional Chinese doctor in Guangzhou.
Higher prices, larger capacity for cargo
SERVICES bound for the United States are expected to have more cargo this year thanks to the economic recovery in Asia.
‘Waixiao' houses cheaper
THE price gap between properties available for sale to local people and those accessible to foreigners is closing fast.
New Apple products on market
APPLE Computer International Co, one of the earliest and largest computer manufacturers in the world, announced the launch of two of its new series of PC products.
GDP target 9%
THE city government is striving for a 9 per cent increase in GDP growth in 2000. The city achieved a 10.2 per cent increase in GDP growth in 1999, halting the decline in the GDP growth rate for the first year since 1992, said Li Liangyuan, director of Shanghai Planning Committee. The services industry achieved an over 20 billion yuan ($2.4 billion) increase over 1998. At the end of 1999, exports to Asia, the former major export destination for Shanghai, recovered, with those to Japan increasing by 16.8 per cent and those to ASEAN countries increasing by 36.5 per cent. Contracted foreign investment in Shanghai as a whole decreased by 29.8 per cent to $4.1 billion, while investment in fixed assets began to recover in 1999. Bank borrowing CHINA's domestic interbank borrowing was very active and achieved hefty growth in 1999, according to the China Foreign Exchange Transaction Centre. Aggregate transactions in the interbank borrowing market in 1999 amounted to 732.6 billion yuan ($88.48 billion), with a daily average of 2.92 billion yuan ($353 million) throughout its 251 days of trading. The amount represents 258 per cent growth compared with 1998. SMEs supported SHANGHAI Bank plans to provide financial services to 100 high-tech small and middle-sized enterprises (SMEs) which have promising growth potential in 2000. Since the official launch of Shanghai Bank in 1995, it has issued more than 26 billion yuan ($3.14 billion), or some 80 per cent of its total loans to SMEs. Shanghai Statistics Bureau said Shanghai had 367,000 SMEs, accounting for 93.5 per cent of the total number of enterprises in the city by the end of 1999. (Star News)
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