Philips builds two bases for research
PHILIPS launched two research facilities recently in Shanghai and Xi'an, capital city of Northwest China's Shaanxi Province.
Container shipping brisk
CHINA'S composite index for export containers was 1,153.8 points yesterday, up 1.2 per cent over last week, Liu Xiaoliang, a spokesman with the Shanghai Shipping Exchange said.
Shopping from home the next big thing
HOME-SHOPPING is expected to net 5 to 8 billion yuan ($605-967 million) in total sales in 2005 and account for about 4 per cent of total retail sales in the city.
Centre to regulate ad market
SHANGHAI now has China's first advertisement clearing house established to level the playing field in the nascent advertising market.
More input urged to fund industrial R&D
INDUSTRIAL companies have been urged to allocate more sales revenue for research and development projects to maintain Shanghai's leadership in China's industrial development.
Housing sales in 15% yearly gain
THE property market in Shanghai achieved an increase of 21.1 billion yuan ($2.6 billion) in transaction value in 1999, a 15 per cent increase over 1998, according to the latest statistics released by Shanghai Municipal Statistics Bureau.
Nortel to speed Internet services
HELP is on the way for Internet surfers here who once suffered from the slow transmission speeds and high costs resulting from the narrow bandwidth of the Internet service providers (ISPs).
Huashan Rd 'Butterfly' for sale
KERRY Development (Shanghai) Co Ltd will begin sales of its new residential properties this month in Shanghai.
Lucent opens 4th China R&D centre
LUCENT Technologies, a US-based global telecommunication company, has opened its fourth China-based research and development centre in Shanghai to develop up-to-date technology on the next generation of high-speed switching and transmission systems.
Xilinx launches Virtex-EM family
XILINX, an innovator of complete programmable logic solutions, recently announced the launch in Shanghai of its Virtex-E Extended Memory (Virtex-EM) family, the company's newest family of FPGAs (field programmable gate array) that provides greater block RAM and higher memory bandwidth for special applications.
Website set up for express delivery
DAZHONG Group last weekend set up a website for express delivery services in the hope to increase its share of the competitive logistics market.
1st step to intelligent cars
By Zeng Min
EVEN if you are a newcomer to London, Paris or New York, you can drive through the zigzagging roads or back streets without getting lost with an intelligent transportation system (ITS) in your car. ITS is an intelligent guide that tells you where you are and which is the best way to reach your destination. It even informs you of traffic congestion and the weather conditions when behind the wheel. Back in China, ITS remains a distant dream. But General Motors China and the Ministry of Science and Technology (MST) are to co-sponsor China's first contest on intelligent transportation systems to promote research and applications in the technology in the country. The "Automobiles and Transportation, Their Present and Future - China ITS Solution Contest" is now accepting research papers on the subject of improving driving conditions while ensuring smooth traffic flow in Chinese cities. Contest winners will be given cash awards of up to 40,000 yuan ($4,800). One winner will be selected to work alongside researchers at GM headquarters in the United States for six months. The final reading and assessment will be held in Beijing on July 3, with the awards ceremony taking place on July 4, coinciding with the opening of the "Second Asia-Pacific Conference and Exhibition on Transportation and Environment," a show to update China with the latest developments in transportation management and solutions. China has set up an official group, "National ITS Steering Committee," to draft China's national ITS strategy and promote modernization of the country's transportation system.
Copyright 2000 by Shanghai Star. All rights reserved.