China's Refrigerator Market

China's refrigerator industry developed at a rapid pace in the 1980s when the purchase of household electrical appliances was progressing the country. More than half of the refrigerator enterprises disappeared from the market in ten years of bitter competition. However, seven brands of refrigerators——Changling, Shangling, Rongsheng, Qindao, Meiling, Zhongyi and Shuanglu——have captured 90% of the market with their high quality products, after-sales service, new product development and financial viability. Between 1955 and 1977, China     

Training Stewardesses for Shanghai Airline

An airplane was in the air with 18passengers and stewardesses on board.A stewardess sent newspapers andmagazines to passengers.They were enjoyinga harmonious and light musical atmosphere. All of a sudden,thick smoke could beseen in the right side of the cabin,and a redsignal began flashing."Fire,fire!"Thepassengers shouted.A stewardess led thepassengers away from the fire and towardsthe rear seats.Another stewardess took anextinguisher and tried to put out the fire.Thechief stewardess made a report to the crewcommander through the telephone.     

Macro-control Policies on the Real Estate Market： 08 vs. 09

2008 is a year full of policy changes for the real estate market. On the one hand, real estate policies were launched one after another, most frequent in recent years. On the other hand, a major policy ＇ shift was emerging, most evident in financial and fiscal policies.     

Shenzhen： First City of Reform and Opening Up

More than twenty years ago, Shenzhen was just a small fishing village called Bao＇an County. In 1979, it was renamed Shenzhen City. When the Special Economic .Zone was built, the city was divided into six zones,four of which are located in the Special Economic Zone. In 1980, the first Special Economic Zone of China was built in Shenzhen. From then on, Shenzhen become a highlighted city of China, one known for its rapid economic growth. Currently, it has a population of approximately 14 million. In September 2009, the Global Financial Centers Index ranked Shenzhen as number five centre in the world after London, New York Hong Kong and Singapore.     

Xuan Paper—King of the Papers

Xuan paper, one of the four treasures of China, is ideal for calligraphy and painting. Itwon a gold prize at the Panama Fair a century ago. Xuan paper was first made in Xuanzhou (Anhui Province today) during the Tang Dynasty (618-907). The paper gets its name from Xuancheng where the raw materials for making paper were bought and sold. There are two kinds of Xuan paper—raw Xuan and processed Xuan in different lengths. The first is good for calligraphy and flower and bird paintings and the latter is best for figure drawing.     

Jingdezhen Porcelain——China's Pride of Famous Porcelain

Jingdezhen is located in the northeastern prat of Jiangxi Province, originally called Xinpingzhen. In the Jingde period of the Song Dynasty (1004-1008), it was named Jingdezhen because of its fame in ceramic-making. Jingdezhen was one of the four porcelain towns in China, its porcelain was renowned at home and abroad for its features "as white as jade, as bright as a mirror, as thin as paper and as melodious as Qing (an ancient Chinese percussion instrument)". According to the records of     

Digital Computer in China Market

Orders for more than 200 computers were received in just two months after a purchasing agreement was signed in the first half of last year between the American-owned Digital Company and the Power Science Academy of the Ministry of Power Industry. The Alpha AXP system computers, recently freed     

Butterfly Effect:From U.S.Wall Street to China's A-Share Market

Right after Lehman Brothers declared bankruptcy a series of bad news came one after another.Merrill Lynch was bought out.American International Group(AIG)was handed over to the U.S.government. Washington Mutual,the largest savings bank in the U.S.,was said to be looking for a buyer.In Rus- sia,stock exchange was forced to a suspension due to a record slump in 10 years in its stock market. It seems that the end of the Moon Festival this year marked the beginning of a global financial crisis,which     

Zhangjiagang——A Modern Port City

Zhangjiagang, located on the lower reaches of the Yangtze River and an important military town in ancient times, was previously under the. jurisdiction of Shazhou County. It became Zhangjiagang City in 1986, named after Zhangjiagang, a natural port in the area. With fertile soil, a good climate and sufficient rainfall, Zhangjiagang is a production base for high yield grain and good quality cotton. In addition, it is renowned for its variety of river food, chicken, peaches, grapes, wine, water melons and tea.     

From 1851 to Today——China in the World Expo

Some say that to host the World Expo represents the comprehen- sive strength of a country,and then to participate in the World Expo also represents the development of a country.China's interaction with the World Expo and its role in the 150 year history of the Expo serves as a record of China's development in modern and contemporary times. As early as in 1851,when the first World Expo was held in London,the UK, there were already Chinese products ex- hibited in the Expo and won honors.There     

France Welcome Chinese Business Delegation

According to the Press Communiqu6 between China and France issued on 1st April, both sides decided to conduct high-level contact and strategic dialogue ,at a proper time to enhance bilateral cooperation in various fields and promote a harmonious and steady growth in Sino-France relations. Since then, the high officials from both countries experienced a frequent meet period. Former Premier Minister of France, Raffarin, with a commercial delegation, at- tended Sino-French Economic Seminar held on April 8, and also a ground-breaking ceremony for the new Embassy of France in China followed after. President of National Assembly of France, Bernard Accoyer arrived in Beijing on April 20, for a one-week visit. When met with Wu Bangguo, Chairman of the Standing Committee of the Tenth National People＇s Congress, Accoyer asked him to hand in a letter from Sarkozy, President of France, to Hu Jintao, President of PRC. It was an invitation letter for President Hu for a visit to France. Accoyer was the highest poli- tician from France who visited China in last four months after Sino-France relation became cold due to the Tibet issue. Anne- Marie Idrac, French Minister of State for foreign Trade attended the Boao Forum on April 17 in Hainan. During her 7 days＇ visit she met the Chinese high officials, and visited some of the Sino- France joint companies. When she was in Beijing, Idrac held a press conference and answered questions on the foreign trade between the two countries.     

编者的话 写在上海五香豆70周年店庆之际(英文)

I was often told of the origin of its name by the old people during my childhood. The cinque savory bean was named by Qianlong, an emperor of Qing Dynasty during his visit in Jiangnan. He said the word of “savory“ for successive five times after tasting the small bean. It was said that this bean had a history of over 100 years. After 1949, different stories of cinque savory bean written by literati were     

Charm from the Red River——Honghe

Red river, with the Chinese of Honghe,is a beautiful name to a charming place,located in south of Yunnan province.Honghe Hani & Yi Autonomous Prefecture,founded on Novermber 18,1957, consists of the original Mengzi prefecture, Honghe Hani & Yi Prefecture and Gejiu, a city under provincial jurisdiction.It was named after the Honghe river which flows across its cities and counties.     

FIRST YEAR AFTER WTO ENTRY:SHANGHAI DANCES WITH FOREIGN BANKS

ccording to the list of commitmentChina has made prior to itsaccession to the WTO,Chinawould gradually open its local Renminbibanking services to foreign operators.Thepromised was immediately delivered on theday 0f December l 1 200 1 when ChinaOfficially became a WTO member:foreignbanks were allowed to open local currencyservices in four Chinese cities includingShanghai,Shenzhen,Tianjin and Dalian.Ayear later,five more cities were declared opento overseas banks.These were Guangzhou,Zhuh…     

Foreign-funded Banks Approved to Handle Renminbi Business

Four Foreign-funded Banks took the lead to receive approval in China to handle Renminbi business lor Chinese enterprises. China's banking industry has made a significant step in opening up to the outside world.The four banks were Hongkong Shanghai Banking Corporation (HSBC), Japan's Mi/uho Bank Shanghai Branch, U.S. Citibank Shanghai Branch and Hong Kong-hased Bank of East Asia Shanghai Branch.On February 13, a Chief from the China Banking Regulatory Commission (CBRC) said, the CBRC announced on December 1, 2003 that in the light of a commitment to the World Trade Organization (WTO), overseas banks could lend Chinese Yuan to Chinese companies after receiving approval. This provided new opportunities for overseas banks to de-     

High-tech—industry Flourish in Heze

Heze is a time-honored city in southwestern Shandong province. Heze is the larg- est center in China for the cul- tivation of the"national flower"peony,after which the Mudan District was named.Over 30 percent of its national income comes from the sale of peony. April is the golden time for peony to flourish its beauty. While the fragrance of peony spreading over households and     

Prepared for Win

In 2004,there was a famous trail in U.S.,involving a Chinese enterprise. One of the top 500 companies in America-Leviton Manufactur- ing Co.Inc.brought patent infringement lawsuits in four different district courts against four distributors of the General Protecht Technology Group Inc,a Chi- nese manufacturing company.After 3 years,on July 10,2007,Federal District of New Mexico Judge awarded summary judgment of non-infringement,in favor     

An Gong Niu Huang Pills

The Li Shizhen brand an gong niu huang pill is one of the 10 top brandname traditional Chinese medicines produced by Tong Ren Tang, and has three times won gold prizes from the State for quality. The pill enjoys a high reputation both inside and outside the country. In 1973, a soldier of the People's Liberation Army suffered serious burns in a forest fire in Hainan Island and, as a result, had a persistent high fever and was in a coma. After he took an gong niu huang pills,     

Financial Reform： Four Major Problems Await to be Solved

at a seminar held recently that China‘s financial reform has made some tentative achievements in the past year after China‘s entry into the WTO. But as the key issue of modern economy, the financial reform in the future will have to face four arduous tasks.