Blog Archives

As the population aging increases, whether it’s necessary to extend the retirement age has become a highly controversial topic. According to “China’s Fiscal Policy Report 2010-2011”, recently issued by Institute of Finance and Trade Economics, CASS, in the next 30 years China’s population aging will speed up since 2011, therefore by 2030 the proportion...

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Recently, the Shanghai Railway Bureau announced the Mid-Autumn Festival and the National Day transportation program. The bureau estimated that there would be 14.35 million passengers during the Mid-Autumn Festival and National Day, which would be expected to create a new record. The Shanghai Railway Bureau will take many measures such as adding more buses...

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In the Hongqiao Airport terminal, the price and quality of the commodities in brand chain stores and restaurants must be same with those of the same chain shops in the shopping districts like Xujiahui and Nanjing West Road. While waiting for flight, passengers can try on clothes, drink coffee or enjoy shopping in the...

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Although the Shanghai International board has not launched yet, the global multi-national corporations are preparing for its start. Ernst & Young Managing Partner, Greater China, Listing Service supervisor He Zhaofeng revealed that there were 23 multinational corporations having expressed their intention to list in the Shanghai International board. According to a list provided by...

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Recently the Ministry of Education published the notice that foreign students can register in undergraduate studies with the “Hanyu Shuiping Kaoshi (HSK) Report” apart from the original “HSK Level Certificate”. In order to meet the needs of Chinese language teaching development, China National Office for Teaching Chinese/Confucius Institute Headquarters enabled the new HANYU SHUIPING...

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Shanghai Municipal standing committee held an interpretation meeting of “Shanghai social security comprehensive management regulations (Draft)” on July 13. The draft regulations proposed that the city set up special funds to be used for the personal insurance and incentives for those behave righteously. It is introduced by Shanghai social security comprehensive management committee’s responsible...

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Reporter learned yesterday from the railway border control departments that Shanghai-Hong Kong trains as the only entry and exit trains from Shanghai to Hong Kong, its number of passengers soared greatly in July, which maintained the “one ticket is hard to get” phenomenon since the opening of the Expo. According to the statistics from...

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Hong Kong will hold a Financial Forum in Shanghai on the theme of strengthening the connection among Hong Kong, the Mainland and the world to create a more stable financial market, which will be one of the official activities that HKSAR participate in the Shanghai World Expo. The Finance Forum will be jointly organized...

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Recently Outer High Bridge Port welcomed the world’s largest container ship Panamanian “Mediterranean Bettina”, renewing the record of the largest container ship berthing in Shanghai again. It is reported that the “Mediterranean Bettina”, attached to Mediterranean Shipping Company, was 367 meters in length and 52 meters in width. It is 30 meters longer than...

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“We hope to make Shanghai as the Privately Offered Funds center. Please note that it is the center, but not one of the centers.” Shanghai Financial Affairs Office Director Fang Xinghai said on July 10 in Shanghai, “As an important part of the establishment of Shanghai international financial center, the development of Shanghai Privately...

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Xiangjia Dam – Shanghai ± 800 kV HVDC demonstration project was put into operation on July 8th, which is the first HVDC Transmission Project with highest voltage section, farthest transmission distance and maximum transmission capacity in the world. After the project is put into production, it will add 35 billion kwh of hydropower in...

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Fang Zhouzi just posted on Sina micro blog the shocking news that Tang Jun used the faked academic certificate. Newhuadu Industrial Group’s president & CEO Tang Jun responded to the news exclusively in Sohu micro blog. Jun Tang clarified, “I did not tell people that I am a Ph.D. of California Institute of Technology...

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Reporter learned from the Shanghai Population Forum that, according to the forecast of Shanghai Population and Family Planning Commission, the city’s resident population in 2015 would be 21.4 million, and 22.5 million in 2020. As the 21st World Population Day is approaching, the Shanghai Population Forum, based on the theme of “World Expo Effect...

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Xinhua’s CFC holding company, Ltd. and CME Group Index Services LLC (Dow Johns Indexes) together launched “Xinhua-Dow Jones International Financial Centers Development Index” (the IFCD INDEX) in Shanghai on July 8th. New York replaced London to rank first in the world, and Shanghai, by virtue of the super-performance in the growth and development of...

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On July 6, Putuo Public Security Bureau of Shanghai Public Security Bureau held the launching ceremony of “Putuo Acceptance Window for Exit and Entry Administration of Foreigners in Shanghai”. It is reported that the permanent foreign residents in Shanghai have been close to 160,000. Therefore, in order to further facilitate foreign immigration and residence...

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This year in May, Shanghai absorbed 1.18 billion U.S. dollars of contracted foreign capital, up 17.6% over last year. This is the first time that the contracted foreign investment has achieved double-digit growth in the past 16 months, which confirms the warming trend of absorbing foreign investment. According to the statistics from Shanghai Business...

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Apple iPhone 4 has become the focus of many mobile phone lovers since it was released. Although the quotations have already been out, there is still rare on sale. Recently, the news comes that iPhone 4 with non-locking version arrived in the markets or stores finally. And now Shanghai Everbright City has had real...

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As a result of a variety of factors, Shanghai housing rental index came to 1227 points last month, up 6 points over the previous month. The link relative ratio was increased by 0.49 percent. The Low, medium and high-end markets presented a rapid rise which was quite rare recently. Since the implementation of the...

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Under the background of the slowdown of the financial crisis’s influence and the gradual recovery of the international machine tool industry, nearly one thousand global machine tool companies will participate in Shanghai International Machine Tool Fair in mid-July. Reporter learned from the Fair organizer that the 12th Shanghai International Machine Tool Show which gets...

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Global expatriate staff salaries Mercer Management Consulting Service Provider issued the result of global cost of living survey in major cities.According to the survey, Shenzhen’s cost of living is among the world’s 42 behind Hong Kong (8), Beijing (16), Shanghai (25) and Guangzhou (38). The survey reveals that the world’s most expensive living cost...

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