FRIDAY JUNE 23 2000      PUBLISHED BY CHINA DAILY
                                                           CITY NEWS

Rainfall at this plum rain season normal
CONTINUOUS showers during the week ushered in the first installment of the plum rain season this year, according to Shanghai Central Meteorological Station.

AIDS boy Peng Peng passes away
PENG Peng, the 14-year-old haemophiliac who was infected with the AIDS virus through a blood transfusion, died on Tuesday. (See Peng Peng's stories on front page of Shanghai Star on May 30 and June 2).

Huating moves
IN just a few months, Shanghai will say goodbye to Huating Road Clothes Market where over 15,000 foreign visitors and countless domestic people go shopping every year.

Timeshare hotel concept checks in
TIMESHARE hotel room booking concept and service is now making inroads in China.

ROK delegation here for talks
AN eight-member delegation from Cholla-Namdo in the Republic of Korea, led by Governor Huh Kyung Man, will arrive in Shanghai today for a one-day visit. Huh is expected to meet Mayor Xu Kuangdi this evening.

Bookshops turn over new leaf on piracy
THE city's 151 State-owned book stores have made a public pledge to fight against pirated books, audio-video and electronic publications.

Survey sparks controversy
SENIOR researchers have called into question the authenticity of a recent report which claimed the divorce rate among laid-off women workers in the city is rising.

Entrepreneurs warned not to neglect their studies
WHILE experts agree university students who go into business can reap enormous benefit from the practical experience, they warn these students against neglecting their studies.

Cheat in the name of 'helping the poor'
POLICE are investigating a case of fraud involving 1 million yuan ($120,000) in which a man exploited China's drive to develop the poverty stricken areas.

She escapes from warring island
ZHANG Meifang, the only Shanghainese in the 117 Chinese stranded in the Solomon Islands following the breaking out of the conflict on the islands, told her tale of woe recently to local reporters.

Study abroad tempts local teenagers
AS living standards improve and China's opening-up progresses, local students are choosing to study in foreign schools and universities in increasing number.

A passion for study overseas
KE Qing's parents struggle to survive on meagre pensions, but they have done everything they can to support their daughter who is passionate about studying abroad.

Brief

China, Iran look forward to increased trade in future
By Xiao Wan

IRANIAN and Chinese business people explored potential for further exchanges and co-operation at a seminar titled "Sino-Iranian Trade and Investment Opportunities Seminar" yesterday afternoon.

The seminar coincided with the start of Iranian President Mohammad Khatami's six-day state visit to China. The visit was the president's first since he took office in 1997.

Iranian Deputy Minister of Commerce Mojtaba Khosrotaj, who is leading a 70-member business delegation on a visit to China, spoke at the seminar. Over 300 Iranian and Chinese business people also participated.

Sino-Iranian business contact has intensified in recent years demonstrating great promise for future co-operation.

Trade volume between the two countries reached $1.35 billion last year, up 10.9 per cent compared with the previous year.

Major business contact occurred in sectors such as energy, transport, metallurgy, textile and light industries.

There are good prospects for further co-operation in petroleum, natural gas, energy, transport, and telecommunications, a Chinese official pointed out at the seminar.

Another speaker revealed growth in business between Shanghai and Iran has accelerated rapidly over the past year.

During the January-to-May period this year, trade volume between Shanghai and Iran reached $29 million, up 160 per cent over the same period last year.

Of this amount Shanghai exports grew by 255 per cent to reach $13.9 million, while Shanghai imports from Iran grew by 109 per cent to reach $15.1 million.

Sino-Iranian trade has seen healthy increase since the early 1990s.

Mutual trade jumped from $20 million at the beginning of the 1990s to $1.3 billion in 1999.

Over the past few years, Chinese enterprises have been involved in over 20 projects in Iran, notably power plants, the cement business, ship-building, minerals and the metro.

Copyright 2000 by Shanghai Star. All rights reserved.