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.
Ships laden with foreign tarde
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.
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.
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. The factory aims to produce chemical intermediates used to produce resins, coatings and electrical insulation products and will be a medium-sized investment. But SII President Robert Carr didn't reveal the exact figure. "We have toured seven development zones in the city but we haven't finalized our choice," Carr said. SII had inspected Beijing, Shanxi, Guangdong and Sichuan before it came to Shanghai, but found the metropolis had an advantage over them in skilled workers, geographical position and business environment. Carr first visited Shanghai in 1988 but now great changes have taken place, he said. "I felt it would be very crazy in 1988 to invest in Shanghai but now I still feel it would be very crazy if we don't invest here," Carr said. Carr has a positive view of the city and the people he met and thinks it worthwhile to invest. At present, SII sells products valued at $10 million to China annually. After the new factory is set up, the company can use local products to replace imports, Carr said.
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