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Male Grads Given Edge in Job Recruitment

Male graduates get preferential treatment in their hunt for jobs, with a full nine percentage points more male university seniors having landed positions than their female counterparts as of the end of...

Wen Urges End to Trade Scraps

China does not want 2010 to be "an un-peaceful year" for trade and economic relations with the United States, Premier Wen, hoping that Sino-US trade disputes will ease with efforts from both sides.

All's Fair as Students' Job Search Begins

Thousands of job hunters flocked to the first job fairs in the city after the Spring Festival holiday, with posts in marketing and sales the most widely available.

Shanghai to Open Container Derivatives Market by 2011

The Shanghai Shipping Exchange has announced its intention to establish a container shipping derivates market by 2011 as its bid to displace London as the centre of global shipping finance.

Annual Bonus Season Brings Gain and Pain

More than 80% of companies polled say they will hand out hongbao to employees.

2nd Global Auto Sourcing Summit 2010 to be held on April 25

Lesson of Labor Crisis

Shanghai is 2nd largest FDI destination

China's Social Logistics Value Grew 6% in 2009

Shanghai services economy initiatives

International Execs Smile on Mainland Cities

Retirements May be Delayed to Ease Strain on City Pension Fund

Wen Welcomes More Foreign Experts to Work in China

China’s High-Speed Rail Reaches 3,000 Km

Shanghai Port Extends World Cargo Lead

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Market Trends top
1 Wen Urges End to Trade Scraps

China does not want 2010 to be "an un-peaceful year" for trade and economic relations with the United States, Premier Wen, hoping that Sino-US trade disputes will ease with efforts from both sides.

11 Mar 2010
2 Shanghai is 2nd largest FDI destination
Foreign direct investment into China rose for the sixth consecutive month in January, up 7.79% yoy to US$8.13bn, according to China's Ministry of Commerce.
02 Mar 2010
3 Shanghai services economy initiatives
Shanghai will develop new intermediary services, such as shipping and international trade, over the next five years, according to the local authorities. The city government will assist in setting up six new intermediary service sectors, such as shipping, international trade, law, intellectual property rights, exhibition and human resources, by 2015. Apart from giving domestic firms a hand, it will make every effort to attract more foreign agencies to the city, as well.
01 Mar 2010
4 International Execs Smile on Mainland Cities

China's economic growth amid a global recession in 2009 helped catapult Shanghai and Beijing to the forefront of the most attractive cities for international business people, according to a survey of more than 500 top managers of multinational enterprises.

01 Mar 2010
5 China leads world’s wind growth during troubled year

China again doubled its installed wind power capacity in 2009, during a year when most of the world’s wind power centers also saw wind installations rise despite the economic recession.

10 Feb 2010
6 Chinese President Calls for Independent Innovation during Shanghai Tour

Chinese President Hu Jintao has called for more efforts to promote independent innovation and upgrading of the industrial structure during his inspection tour to Shanghai which ended.

05 Feb 2010
7 Economist Warns against China Bashing from Washington over Trade

The United States needs to face up to its own imbalances rather than engage in more China bashing over trade, said world-renowned economist Stephen Roach.

02 Feb 2010
8 National Assimilation of FDI from January to December 2009
According to the statistics of news release of foreign investment, from January to December 2009, foreign-invested enterprises newly approved for establishment reached total number of 23435, a decreased 14.83% as compared with that of the same period last year; and the actual use of foreign investment reached USD 90.033b, a decreased 2.56% as compared with that of the same period last year.
25 Jan 2010
9 MIIT Issued Status of Chinese Import and Export of 2009
In 2009, the total value of import and export nationwide amounted to USD2.2073t, down 13.9% year-on-year. Among them, export reached USD1.2017t, down 16%; import USD1.0056t, down 11.2%. The trade surplus stood at USD196.1b, down 34.2% from the same period last year.
22 Jan 2010
10 FTA with ASEAN Comes into Force

Free trade flow expected to help economies recover from slowdown.

The world's largest free-trade area (FTA) came into being, an initiative that analysts said gives a shot in the arm for global trade troubled by rising protectionism.

21 Jan 2010
Logistics top

1 Shanghai to Open Container Derivatives Market by 2011
The Shanghai Shipping Exchange has announced its intention to establish a container shipping derivates market by 2011 as its bid to displace London as the centre of global shipping finance.
09 Mar 2010
2 2nd Global Auto Sourcing Summit 2010 to be held on April 25

The Second Global Automotive Sourcing Summit 2010, exclusively hosted by Gasgoo.com, will be held concurrently with Auto China on April 25, 2010. Elite professionals from about 20 OEMs, 50 global tier-1 suppliers, 150 domestic auto parts manufacturers, around 30 supply chain service providers, and remarkably over 150 directors and CEOs will be invited to attend the summit, making the most high-end Gasgoo meeting ever since.

04 Mar 2010
3 China's Social Logistics Value Grew 6% in 2009

China's "social logistics" logistical efforts in support of stimulus spending, disaster relief and other non-profit projects cost 6% more in 2009, while for-profit logistics increased 8% in value.

02 Mar 2010
4 China’s High-Speed Rail Reaches 3,000 Km
China’s operational high-speed railways have exceeded 3,300 kilometers, the Ministry of Railways said on its website last Thursday.
22 Feb 2010
5 Shanghai Port Extends World Cargo Lead
Shanghai increased its lead as the world’s largest general cargo port in 2009, with volumes up 1.3% to 590m tons, according to the National Development and Reform Commission. Singapore, in second place, experienced an overall volume decline of 8.5% to 471.5m tons, according to its own figures.
22 Feb 2010
6 China Exports Show Trade Recovery on Track

China's export growth accelerated in January and imports rose, adding to signs a recovery in global and Chinese demand is on track.

17 Feb 2010
7 Chinese Courier Companies in Disarray over New Law

More than 10% of Beijing's courier companies are likely to be involved in mergers and acquisitions this year because of fierce competition in the sector, according to experts.

12 Feb 2010
8 Shanghai's Yangshan Port to Offer Export Tax Refunds

The Shanghai government has revealed that the China State Administration of Taxation and China Customs has devised an export tax rebate scheme to a start trial run in the Yangshan port area.

09 Feb 2010
9 No Need to Make Waves as Shanghai Sails to Global Hub

SHANGHAI should improve financial and logistic services as well as attract more maritime professionals if it hopes to achieve its goal of becoming an international shipping center, members of the city's top political advisory body said.

04 Feb 2010
10 Logistic Cargoes Enjoys 'Direct CIQ' in Shenzhen's Western Port

A MEMORANDUM of Understanding (MoU) to set up a supervised warehouse within the Qianhaiwan Bonded Port Area to facilitate the handling of Logistic Cargoes' exports through Shenzhen's western port area has been signed by Shekou CIQ, Chiwan Container Terminal (CCT), Shekou Container Terminals (SCT), China Merchants Maritime Logistics (CMML) and Jiayuntong Logistics.

01 Feb 2010
Human Resources top
1 Male Grads Given Edge in Job Recruitment

Male graduates get preferential treatment in their hunt for jobs, with a full nine percentage points more male university seniors having landed positions than their female counterparts as of the end of February.

12 Mar 2010
2 All's Fair as Students' Job Search Begins

Thousands of job hunters flocked to the first job fairs in the city after the Spring Festival holiday, with posts in marketing and sales the most widely available.

10 Mar 2010
3 Annual Bonus Season Brings Gain and Pain

More than 80% of companies polled say they will hand out hongbao to employees.

05 Mar 2010
4 Lesson of Labor Crisis

The lack of workers immediately after the Spring Festival in coastal areas is in striking contrast with the redundancy of migrant workers more than a year ago when the areas' processing industry was deeply affected by the economic meltdown.

03 Mar 2010
5 Retirements May be Delayed to Ease Strain on City Pension Fund
Shanghai plans to extend the retirement age for men and women to relieve pressure on its pension fund, this year's annual human resources and social security conference.
26 Feb 2010
6 Wen Welcomes More Foreign Experts to Work in China

Chinese Premier Wen Jiabao Tuesday invited more talented foreigners to work in China, saying the country will improve services for them. Wen made the remarks at a meeting with more than 20 representatives of foreign experts, who have helped in China's social progress.

24 Feb 2010
7 New Method to Track Jobless Urged

Survey-based system to record unemployment is 'more accurate'.

18 Feb 2010
8 110,000 Applicants Take Aim at 3,416 Jobs
The city's Taiwan Affairs Office is the plum that's most avidly sought by applicants for government office posts, according to data about civil-servant exam applications released.
16 Feb 2010
9 Advisors Suggest Policies to Improve Job Market for Grads

Political advisors and legislators are suggesting preferential policies be enacted to help employers hire more graduates as the job market remains grim for this segment of the population despite a recovering economy.

11 Feb 2010
10 Private Sector Creates 11.4m Jobs

China's private sector created 11.4 million new jobs last year, contributing to more than 90% of all urban new employment, latest figures from the All-China Federation of Industry and Commerce showed.

08 Feb 2010
Finance top
1 China's Strong Growth Based on Sound Finances: OECD

China is leading the world economy out of recession with strong growth anchored in secure government stimulus measures, the Organization for Economic Cooperation and Development (OECD).

19 Feb 2010
2 China Announces Rules on Margin Trading, Short Selling

China's top securities regulator announced the regulations on the pilot programs of the business of margin trading and short selling which is expected to be launched soon.

26 Jan 2010
3 New Rules on Foreign Tax Credits
The Ministry of Finance and the State Administration of Taxation have recently issued a notice clarifying issues concerning the foreign tax credit (FTC) mechanism.
18 Jan 2010
4 China Gropes for Solutions to SME Financing Difficulties

China's small and medium-sized enterprises (SMEs) are facing an alarming credit and economic crisis that, by one estimate, has driven at least 20% of them to the wall since the global financial crisis began.

06 Jan 2010
5 China Asks Financial Institutions to Back Industrial Rebalance

China asked its financial institutions to let credit play a bigger role in guiding and promoting industrial structure adjustment while preventing risks, according to a statement posted on the website of the People's Bank of China (PBOC), the central bank.

29 Dec 2009
6 Shanghai zeros in on London

China's financial hub, Shanghai will overtake London as the world's second-largest financial center after New York in 10 years, according to a recent survey conducted by law firm Eversheds.

23 Dec 2009
7 China to Continue Fiscal and Monetary Policies Next Year

China would continue to adopt the proactive fiscal policy and moderately easy monetary policy next year and endeavor to improve the economic growth quality, according to the Central Economic Work Conference. Chinese President Hu Jintao and Premier Wen Jiabao addressed the meeting, which is held once a year to set the tone for economic development during the next year.

15 Dec 2009
8 China Issues Regulation to Encourage Overseas JV

China announced a regulation to standardize and encourage the establishment of joint venture enterprises by overseas investors.

09 Dec 2009
9 Responsible Monetary Policies Urged

Countries whose currencies are held as reserves by global central banks are failing to take sufficient account of the global repercussions of their domestic policy stances, Assistant Finance Minister Zhu Guangyao told a financial forum in Beijing.

04 Dec 2009
10 Chinese Manufacturers Optimistic about Economic Growth: Survey

A survey published here showed that Chinese manufacturers are more optimistic about China's economic development than about the world economy.

02 Dec 2009