Air conditioners' sales hot
SHANGHAI residents are able to enjoy a much cooler summer even though the temperatures are getting hotter thanks to the dazzling array of air-conditioners available to buy.
Xerox to tap document solution market
WHEN a speaker is asked about background material on his speech in the future, all he or she need do is to press his mobile phone for immediate access to his firm's database. He can choose the material he needs and pass it to the audience's mobile phones.
SII president: 'Be crazy if don't invest'
SCHENECTADY International Inc (SII), a family-owned chemical company, intends to set up a factory in Shanghai.
WTO pledge benefits more foreign insurers
SUCCESS in the world of business is often about diving into the market. Which is what two European insurers will be betting on as they become the latest foreign firms to enter the Chinese insurance market.
Sales of residential housing keep rising
LOCAL property experts are very satisfied with the performance of Shanghai's real estate market and optimistic about its prospects.
Software creator on campus
WANT to make your own career in the hottest IT field in your 20s? That's what a lot of young people aspire after now. And Fu Zhangqiang is just one of them.
On-line shopping volume set to soar
NINETY per cent of surfers interviewed for a recent poll said they are likely to shop in cyberspace for items ranging from a Barbie doll or a WAP phone to a sedan this year.
Memory stick makes PCs, TVs, phones compatible
AT first glance, it looks just like chewing gum.
Ships laden with foreign tarde
By Chen Qide
CHINA'S export container market has been brisk over the first six months of the year with its composite index climbing to 1,182.28 points yesterday, up more than 30 points since January. Chen Yan, a spokeswoman from the Shanghai Shipping Exchange, said many services are overloaded at the country's major container wharves due to a rapid increase of foreign trade. But many shipping companies have not added more ships to meet the demand, they are handling the cargo peak by co-operating with one another, Chen said. China Shipping Company (CSC) has opened services bound from Shanghai for the east coast of the United States and Europe by joining forces with France's CMA CGM. COSCO has also co-operated with Singapore Taiping Shipping Company to open services bound for North China and Southeast Asia by putting on three ships, each able to carry 1,400 20-foot containers. Between January and May, services bound for the west coast of the United States increased by 30,000 20-foot containers and services bound for the US east coast grew by 89,000 20-foot containers, Chen said. Services bound for Europe increased by 33,000 20-foot containers. CSC, positive about prospects for the shipping market, is opening a second service bound for the west coast of the US. Six ships, each carrying 2,000 20-foot containers, will be used on the service, Chen said.
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