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Shanghai's development from a manufacturing base into a services center is a natural move for the cosmopolitan city, which has always harbored ambitions to rival New York and London as a global financial hub.
ELECTRIC buses in the city are failing to spark a green revolution in public transport, say critics, but officials said yesterday they aim to change this.

Ambitions of extending the network are being hampered by high vehicle and maintenance costs and the congestion buses cause while recharging.
VISITORS can enjoy a lifelike experience of piloting an aircraft on flight stimulators at the Shanghai Aviation Scientific Promotion Museum, which opened yesterday.

Air enthusiasts can experience taking off and landing in the cockpits, which contain simulations of runways at 15,382 airports around the world - including the risky super-short 245-meter runway of Germany's Helgoland Airport.
CITY anti-corruption authorities said yesterday that 377 government staff were investigated in more than 300 graft probes this year.

And the city discipline inspection watchdog said 726 officials received administrative...
About 120,000 Shanghai-registered service companies will switch from business tax to VAT next year, of which 85,000 are small taxpayers whose annual revenue is below 5 million yuan, the Shanghai Taxation Bureau said in a press conference this morning.
A NEW batch of subsidized apartments in Zhangjiang High-Tech Park in Pudong, often referred to as Shanghai's Silicon Valley, were released yesterday as part of the city's effort to attract talented professionals.

Just 1,000 yuan (US7.5) a month on average rents an apartment with toilet, kitchen and basic furniture.
A SHANGHAI-based furniture chain at the center of controversy over the source of its products has closed all its outlets in the city for "temporary internal consolidation."

DaVinci Furniture Co Ltd, which faces accusations over claims its Italian furniture is in fact made in China, did not say when its stores will reopen.

Company officials said they will continue to provide after-sales serv
A SHANGHAI version of Black Friday was staged at department stores over the weekend as a prelude to the upcoming new year promotions.

Bargain hunters elbowed their way to shelves and cleared out merchandise without even looking at price tags at Printemps Department Store, which launched the first overnight new year promotion in the city at four outlets on Friday.

During a promotion running


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