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.

Jinjiang gets five-star rating
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.

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

Free car plates

BUYERS of some residential properties in Pudong and Santana or Buick sedans will be provided with free registration plates as of Thursday, the Lujiazui Financial and Trading Development Co Ltd said. The company signed a contract with six other partner companies last week in Pudong. Shanghai branches of the Commercial and Industrial Bank of China and China Construction Bank will also provide free, complete car insurance to people buying Santana sedans, the company said.

Zone output up

THE industrial output value for the first quarter of 2000 in Jinqiao Export and Processing Zone reached 9.2 billion yuan ($1.1 billion), an increase of 61.8 per cent over the first quarter of last year. Shanghai General Motors continued to take the lead in the industrial output value accounting for a total of 2.19 billion yuan ($264.4 million) for the first quarter of the year. It was closely followed by Shanghai Siemens Mobile Communication Co Ltd (SSMC) with a value of 1.08 billion yuan ($130 million).

On-line food

FRENCH gourmet food company Prestige D'Oc has launched a website selling "the finest food from the Southwest of France" which it will deliver on six micron hallmarked silverware. The food on offer represents a range of cuisine from the French southwest.

IT products

SHANGHAI plans to manufacture 100 billion yuan ($12 billion) worth of information products this year, in an effort to develop a new pillar industry. The city now has three integrated circuit producers and 18 IC designing centres, which will turn out products valued at 10 billion yuan ($1.2 billion) this year. The city will manufacture 35 billion yuan ($4.2 billion) worth of telecommunications products this year. Shanghai recently held NEPCON Shanghai 2000, an international exhibition of equipment and micro-

electronics, at the Shanghai Everbright Convention and Exhibition Centre.

(Star News)

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