TUESDAY APRIL 18 2000      PUBLISHED BY CHINA DAILY
                                                           BUSINESS

Service sector full of potential
FACING a slight decline in foreign investment, Shanghai is being urged to turn to the service sector - ranging from accounting, consulting, law, tourism to education - to reverse the tide.

Sino-EU talks on WTO push shipping high
CHINA'S container business outlook is bright as its negotiations with Europe about the entry into the World Trade Organization (WTO) continue smoothly.

Certificates for OTC medicines to be discussed
ALL pharmaceutical companies wishing to grab a share of the OTC (over-the-counter) medicines market in China need to apply for certificates for their products this August.

Bayer to build Pudong R&D centre
CHEMICAL company Bayer of Germany last week announced an investment of $10 million in a research and development centre for applied polymer technology in Pudong's Jinqiao Export and Processing Zone.

Epson offers long-lasting prints
YOU may want copies of your favourite photos to be brilliant and last as long as possible. But conventional printers can let you down.

In search of sub-contracts
MAJOR software producers in Shanghai have joined forces to woo more sub-contracts and orders from overseas markets.

Internet, mobile phone match up
PRODUCERS are clamouring for new applications software to cement the marriage between the Internet and mobile telecommunication.

Website offers sympathy over big and small ills
CHINA'S first on-line problem page which invites comments from people who have suffered everyday setbacks from being ripped off to getting the sack has opened at zhaodaola.com.

Serviced offices come to Shanghai
FOR the Shanghai real estate market, 1998 and 1999 was the era of serviced apartments. Will 2000 usher in the era of serviced offices? Vigers Shanghai Research Department takes a look at three businesses offering serviced offices in Shanghai: "Instant office" from Regus, "Executive Suite" from Servcorp and "AABiz Center" from BAA.

Brief

Jinjiang gets five-star rating
By Zhang Kun

JINJIANG Hotel was awarded a five-star hotel rating last week by the National Tourism Administration, making it the 12th five-star hotel in Shanghai.

Eight of the 12 are foreign-invested or joint-ventures. Of the four State-owned five-star hotels, two belong to Jinjiang Group.

These 12 hotels have an average occupancy rate of 50 per cent, according to Shanghai Tourism Management Commission.

Ten of the five-star hotels are located in Puxi and only two are in Pudong - the Thompson and the Shangri-La.

Jinjiang Hotel has received over 300 state leaders and government heads since the construction of its Cathy Building in 1929.

It hosted the signing of the historical Sino-US Joint Communique in 1972 and the Seventh Plenary Session of the Eighth National Congress of the Chinese Communist Party.

The Jinjiang Hotel is made up of the Cathay Building, Jinjiang Grand Hall, Grosvenor House, the South Building and Junling Building, occupying an area of 30,000 square metres including 10,000 square metres of greenbelt.

Over 300 million yuan ($36 million) has been invested in renovating and refurbishing the hotel since 1993.

It now has two presidential suites, 24 deluxe suites, and 193 rooms in total.

Jinjiang holds Sunday classical concerts with the Shanghai Symphony Orchestra on the first Sunday of every month.

Copyright 2000 by Shanghai Star. All rights reserved.