East China

Shanghai Implements Regulations To Attract More Multinational Companies

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SHANGHAI, July 30 –The municipal government of Shanghai has announced new regulations in an effort to urge more top multinational companies to establish regional headquarters in the city. The regulations will qualify a newly registered company to get funding from the Shanghai government during its start-up period and preferential rental policy. In addition, it will […]

The Ningbo National Hi-Tech Industrial Development Zone Broadening City’s Economy

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By Jean-Charles Briand NINGBO, July 29 – The Ningbo National Hi-Tech Industrial Development Zone, located northeast of the city center and to the west of the Beilun District and the Ningbo port, serves as a powerful instrument for Ningbo’s shift from a single export-oriented model to that of a more comprehensive economy. NBHTZ, which covers […]

Taking Advantage of Beilun Port: The Ningbo Economic and Technical Development Zone

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By Jean-Charles Briand July 24 – Located in Ningbo’s Beilun District, the Ningbo Economic and Technical Development Zone, one of China’s earliest and largest national development zones, represents a well-developed economy. The zone, approved by the State Council in 1984, currently covers an area of 29.6 square kilometers. A bonded logistics zone, a free trade […]

Aide to British Prime Minister Victim of Honeytrap Operation in Shanghai?

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SHANGHAI, July 21 – A top aide for British Prime Minister Gordon Brown has been the suspected victim of a “honeytrap” operation by Chinese intelligence agents a leading British newspaper reported on Sunday. The Sunday Times is reporting that a senior Downing Street advisor had his BlackBerry phone stolen after being picked up by a […]

Hangzhou Science and Tech Park Targets IT, BPO

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By Jean-Charles Briand HANGZHOU, July 15 – This is the first part in an ongoing series that will focus on development parks in the Yangtze River Delta. Over the next few weeks, we will highlight several parks, looking at their strengths and weaknesses and future outlook. Today, we look at the Singapore-Hangzhou Science and Technology […]

Shanghai Reports Power Shortages as Temperatures Rise

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  SHANGHAI, July 7 –Shanghai reported blackouts on Monday as summer temperatures continued to rise. The city’s power network is struggling to meet electricity demands brought by increased use of air-conditioning. According to sources, the city’s electrical grid is fully loaded with all backup power generation systems are in use. On Saturday, city temperature reached […]

Disneyland Shanghai to Open By 2012

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June 30 – After much speculation and negotiation, there are reports that a Disneyland in Shanghai seems to finally be in sight. The official confirmation from the Chinese government is expected to be made after the 2008 Beijing Olympics. As early as 2002, there were already plans to build a Disneyland in mainland China by […]

Foreigners to be Allowed to List on Shanghai Stock Exchange

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June 2 – Chinese authorities are set to open the sluice gates of the country’s securities industry so that foreign companies can raise capital and list on the Shanghai stock exchange. They also plan to allow local companies to scout globally for raising funds and listing in foreign stock exchanges, the Times of India reported. […]

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