1st step to intelligent cars
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.
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.
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.
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. The Shanghai New Century Advertising and Trade Centre was opened in response to calls to regulate the fast-growing, disorderly market. The centre brings together major media in East China seeking to sell ad space and advertisers seeking to buy it. Ad space for sale at the centre appears on a large monitor in the main hall. More than 50 major players in the media sector including Xinmin Evening News, Wenhui Daily and Shanghai Television Station have registered with the house. More than 500 ads were up for grabs on the opening day, with 25 finding buyers and trade volume hitting 15.3 million yuan ($1.85 million). Advertising sales last year in Shanghai surpassed 10 billion yuan ($1.2 billion), making it the biggest advertising market in China. But in the past five years, 2,537 advertisements have been identified as breaking the law and in 1999 alone, there were 1,085 cases of illegal ads, 42.6 per cent more than that of the preceding year. (Star News)
Copyright 2000 by Shanghai Star. All rights reserved.