TUESDAY JUNE 27 2000      PUBLISHED BY CHINA DAILY
                                                           BUSINESS

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.

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.

Brief

Virtual house-buying

LOCAL house buyers can access comprehensive information on real estate at www.go2reg.com. It consists of six networks giving surfers information on how to purchase, lease and auction houses. Long Shengping, President & CEO of Go2reg.com, explained prospective flat buyers can also look at virtual reality images of properties that interest them at the site. China now has more than 300 property websites including 30 in Shanghai.

Web name master

WWW.china-channel.com is ready to launch an auto website management system, an auto e-mail generation system for enterprises, and a host of e-commerce services. The company said the website is the first and only domain name register in China to be accredited by the Internet Corporation for Assigned Names and Numbers (ICANN) for domains ending in .com, .net, and .org. After accreditation by ICANN, the website independently developed the domain name auto registration system.

CM Concept stores

CM Concept, a well-known multimedia retail chain in Hong Kong, made its official debut in Shanghai on Friday. CM Telecom International Ltd announced that through acquisition, the group has expanded its chain store operations to mainland cities. There are now about 60 CM Concept stores in Shanghai and neighbouring cities. The number is expected to reach 100 by the end of this year. CM Telecom launched CM Concept stores, a brand new idea in telecom retailing, in June 1998 in Hong Kong. Retail operations grew

rapidly in the last couple of years.

(Star News)

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