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SHANGHAI will support construction of large e-commerce platforms similar to in a bid to create a national e-business model and accelerate the city's growth into a global trading center.
SHANGHAI ranks second, after Guangzhou, for its quality of life among 30 Chinese provincial capitals and municipalities, according to a report released yesterday.However, the city ranks 20th in people's satisfaction with the cost of living.
FLIMSY plastic bags offered free at many food markets and snack stalls are substandard and may affect people's health, according to quality watchdogs.A large number of these bags - the thickness of which was below the national standard of 0.025 millimeters - were seized during recent spot checks by the city's quality supervisory department.
China's financial hub is looking into the possibility of launching a duty-free program in its Pudong New Area district, sources said on Tuesday."Research has been carried out concerning the tax rebate plan this year, but there is no detailed plan so far," said an official surnamed Ding from the Commerce Commission of Pudong New Area. Ding, who refused to disclose her full name, said that the prog
SHANGHAI'S historic Bund area boasts a new landmark with the official opening of the Waldorf Astoria's first hotel in China yesterday.The complex, comprising a century-old grand heritage building called the "Waldorf Astoria Club," which previously housed the renowned Shanghai Club, and a sparkling new tower annex, is a joint investment by Shanghai Jiushi Corp and Jinjiang International Group.
Six of the 10 cities worldwide that most appeal to wealthy individuals as places to live and invest will be located in Asia within a decade, according to the "2011 Wealth Report," published by Citi Private Bank and .

Investments: Foreign investment hits a record

Posted by admin 2472 days ago (Editorial)
CONTRACTED foreign direct investment in Shanghai hit a record quarterly high of US$4.72 billion in the first three months, bolstered by overseas funds pumped into the city's services industry, the Shanghai Commission of Commerce said yesterday.

The annualized 28.2-percent FDI growth is seen as a good harbinger for the start of the 12th Five-Year Plan (2011-2015) that may mark the transition of
STREET food vendors will be allowed legally for the first time so long as they meet sanitary and management conditions, according to the city's latest draft of food safety regulations.Street vendors have long operated without licenses and repeated crackdowns have had little effect in stopping them as the demand for fast and cheap snacks remains strong around the city.




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