Tuesday, August 31, 2010

At the Crossroads

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You need to fill an open position on your marketing team, and you've lined up interviews for the most promising candidates. But in this economy—with so many people competing for so few jobs—you wonder how truthful each will be about his or her working style.

Candidate A might say he loves team projects when he in fact loathes collaboration; Candidate B, meanwhile, may claim to thrive in formal settings when she's far more productive in relaxed environments.

So how do you make hiring decisions when slightly desperate applicants have little incentive to be honest about their strengths and preferences? According to Jonathan Littman and Marc Hershon, you should watch them cross the street.

Guy Kawaski reports on this amusing bit of advice in an Open Forum blog. "If you can't arrange for an interviewee to cross the street to get to your building," he writes, "arrange for the interview at a Starbucks, cafe or restaurant—preferably in Manhattan during rush hour, but any reasonably sized city will do. Watch carefully ... These few seconds will tell you more about [your prospect's] workplace capabilities than an hour of tough questions."

Why? Because Littman and Hershon have created categories like these to assess how walking style translates to working style:

  • Matadors think of red lights as suggestions, and charge across the street, oncoming traffic be damned. Chances are good this person is an aggressive go-getter.
  • CurbHuggers, at the other end of the spectrum, won't consider crossing until the green Walk sign illuminates. You can infer that this person follows the rules with meticulous attention to detail.

The Po!nt: Take them in stride. Strange but intriguing idea: Might making the right hire these days include watching Candidate A and Candidate B cross the street?


Employers to Hire Cautiously in 2010

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Encouraging news about the economy may be easing fears of employers, as 20% of companies plan to add full-time permanent employees in 2010, up from 14% last year, according to a recent study from CareerBuilder.

Only 9% of companies say they plan to decrease headcount in 2010, down sharply from 16% in 2009; and 61% of employers say hiring will remain flat, while 10% say they are unsure of their plans, the study finds.

In addition––and as part of an overall strategy to move forward in the New Year––37% of employers say there will be an increased emphasis on social media in their companies to strengthen brand image. A slight uptick in the hiring of freelance or contract workers is also expected.

Below, additional findings from Career Builder's 2010 US Job Forecast.

Hiring by Region

Employers in the US West are planning to increase their headcounts more in 2010 than are other regions of the country. Nearly one-quarter of employers (24%) in the West say they plan to add full-time workers in 2010, compared with 21% in the Northeast, 20% in the South, and 16% in the Midwest.

Although plans to decrease headcounts in 2010 are down sharply across all regions, employers in the Northeast still plan to trim headcounts 10%, followed by an 8% planned decrease in the South, Midwest, and West.

Hiring by Job Type

One-third of employers plan to add technology jobs in the coming year, followed by 28% in customer service. Nearly one-third plan to add salespeople, and 14% plan to add marketing jobs.


Hiring by Industry

Across selected industries, a minority of companies plan to add full-time permanent employees in the coming year:

  • Information technology: 32% of companies
  • Manufacturing: 27%
  • Financial services: 23%
  • Professional and business services: 22%
  • Sales: 21%

Compensation

Even as companies continue to watch their spending, they plan slight increases to salaries in the coming year: 57% of employers say their companies will increase salaries for current employees in 2010, down from 65% who said so in 2009. Over one-third (36%) expect to raise salaries of current employees by 3% or more, while 11% anticipate increases of 5% or more.

Strategies for the New Year

Companies are looking to the future to make up for lost ground caused by the recession. The following are the top 10 trends for 2010:

  1. Replacing lower-performing employees.
  2. Emphasis on social media to strengthen brand. The economy required companies to make some difficult decisions about their businesses, which had a negative effect on their brands.

    Over one-third of employers (37%) plan to put a greater emphasis on social media in 2010 to create a more positive brand for their organization. One in five (20%) plan to add social media responsibilities to a current employee, while 8% plan to hire someone new to focus or partially focus on social media.
  3. Rehiring laid-off workers.
  4. Flexible work arrangements. Companies plan to continue providing employees with greater flexibility in hopes of maintaining a better work-life balance: 35% of employers say they plan to provide more flexible work arrangements in 2010, compared with 31% last year. These arrangements include alternate schedules (73%), telecommuting options (41%), and compressed workweeks (32%).
  5. Cutting perks and benefits.
  6. Rehiring retirees and postponing retirement.
  7. Freelance or contract hiring. Though employers still plan to be cautious regarding the number of full-time employees they add in 2010, some will turn to freelance or contract employees.
    Nearly one-third (30%) of employers anticipate hiring freelancers or contractors in 2010, up slightly from 28% reported in 2009. Only 6% expect to employ more freelance workers or contractors than last year, while 15% expect to hire the same amount and 10% plan to hire fewer.
  8. Green jobs.
  9. Bilingual recruitment.
  10. Business travel. Some 43% of employers say there will be less business travel in 2010 than in 2009.

About the data: The survey was conducted online within the US by Harris Interactive on behalf of CareerBuilder.com among 2,720 hiring managers and human resource professionals during November 2009.

Get Wired and Get Hired

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The news isn't good: Fidelity Investments this week announced its second round of job cuts, NEC is cutting 20,000 jobs and Motorola just shed 4,000 workers. But despite the doom and gloom, some companies are indeed hiring. As the optimists say, the sun is always shining somewhere.

Here are a few ways you can use online tools and social media to find a position that suits your needs, and puts a few bucks in your wallet.

Get networked. Take the time to build your online networks, both social and professional, using tools like Facebook, Twitter and LinkedIn, suggests LinkedIn's own Mario Sundar.


Use social-media megaphones. There's no shame in looking for work. Let folks in your networks know that you are looking for a job, says Sundar. Write about your job search on your blog, if you have one, and Twitter about your search.


Research smarter. Check out specific companies to target via research tools like this one from LinkedIn, which allows you to network with specific people at the companies you might want to work for, Sundar says.

Solicit LinkedIn recommendations. "A strong recommendation from your manager highlights your strengths and shows that you were a valued employee," writes entrepreneur Guy Kawasaki, adding, "If you were a manager yourself, recommendations from your employees can also highlight leadership qualities."

Hit the boards. In addition to the typical job boards, try Rafe Needleman's Spreadsheet of Sunshine: Who's Hiring, PR News Online and Indeed.com, the latter of which sports a simple Google-like interface and handy RSS feed.

The Po!nt: Be sure you take full advantage of online tools and include a heavy dose of social media in your hunt for a new and promising gig.

Friday, April 23, 2010

Shanghai Snacks

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BEIJING, June 25 -- Shanghai Snacks could be traced back to as early as the Southern Song Dynasty and became more exquisite in cooking when Shanghai grew into an important city in early Ming Dynasty. After Shanghai was listed as a trading port by the end of the Qing Dynasty, various regional snacks were assimilated, developed and refined, bringing forth the specialty of Shanghai style. A while selection of Shanghai snacks comprises four must-haves for locals—baked sesame pan cake, deep-fired dough sticks, soybean milk, sticky rice combo—as well as dozens of kinds of pastry, bun, stuffed dumpling and rice and cake. Different from pure sweet taste of Canton-Hong Kong style or hot and spicy flavor of Sichuan-Chongqing type, Shanghai snack is famed for being light, fresh and tasty, and has long been diners'favorite for its characteristics.


He Feng Lou

He Feng Lou beings all Chinese snacks together and introduces 144 snacks and dishes from 8 major styles and their 16 sub-cuisines. The two-storey restaurant serves on the first floor buffet-style Chinese cuisine numbering 300 in kinds according to their origins such as Shanghai, Sichuan & Hunan, Taiwan, Jiangsu, etc. The second floor id featured with specialty Chinese and overseas snacks including Japanese Teppanyaki, popular with tourists.

Specialty: steamed juicy crab roe bun, marinated pond snail

Address: 10 Wenchang Road

Tel: 021-63557878

Transportation: Bus 55, 930, 932, 980

Nan Xiang Steamed Bun Restaurant

Nan Xiang Steamed Bun Restaurant, situated by nine-twist-bridge at Old City God Temple, is an attraction in Yu Garden area, formerly named marble boat hall. In the restaurant with latticework windows, it takes a short while to have hot steamed buns serve. With chopsticks, bite a small hole, suck the juice and then dip into vinegar sauce before putting into your mouth-smooth, juicy and luscious.

Specialty: recipe-made crabmeat bun, juicy crab roe shrimp ball



Address: 85 Yuyuan Road

Tel: 021-63554206

Transportation: Beijia Line, Xianghua Line, Hu’nan Line, Luonan Line


Guang Ming Cun Restaurant

Guang Ming Cun Restaurant, open in 1948, is remarkable for dim-sum and snacks with over ten dishes awarded "Shanghai specialty snacks". Those snacks are highly appreciated including juicy chicken wanton soup, fired crabmeat stuffed bun and steamed pork stuffed bun. Some signature dishes are superb like crystal shrimp, peppery beef filet with honey, crispy duck, turtle and snake soup with herbs, eye brow-shaped crispy cake and milky date. The restaurant is popular with customers for its inexpensive piece, authentic taste, comfortable ambience and excellent service.

Specialty: juicy chicken wanton soup, fires crab meat stuffed bun

Address: 588 Huaihai Road (M.)

Tel: 021-53067878

Transportation: Bus 42, 911, 945


Lu Bo Lang Restaurant

Lu Bo Lang Restaurant, located by nine-twist-bridge at Old City God Temple, has an archaic, elegant and peaceful surrounding matching the elegance of Mid-Pond-Pavilion tea house next door. It is well-known by carefully selected raw materials and meticulous preparations, highly praised by gourmands from home and abroad. The signature dish "osmanthus cake" is so sticky in texture that gets stuck on plate or chopsticks but not tooth and feels smooth in the mouth carrying faint fragrance of rice wine, which puzzled former U.S President Clinton who had practiced with chopsticks for one month.

Specialty: eye brow-shaped crispy cake, sticky osmanthus cake, eight-treasure duck

Address: 115-131 Yuyang Road

Tel: 021-63280602

Transportation: Bus 11, 64, 66, 126, 920

Wang Jia Sha Restaurant

Wang Jia Sha Restaurant, lying at the crossing Nanjing Road (W) and Shimen Road, enjoys high popularity in Shanghai for its wide selection, meticulous preparations and delicious taste. The most popular four must-eats are tasty and fried stuffed bun, delicious shrimp wanton soup, crunchy red bean pastry and crispy double-side fried noodle. Nowadays the restaurant has created new crab meat dim-sum series and dishes, unique in snack preparations.

Specialty: crispy double-side fried noodles with shrimp, dumpling, eight-treasure rice pudding

Address: 805Nanjing Road (W.)

Tel: 021-625330404

Transportation: Bus 21, 17, 112, 921


Feng Yu Restaurant

Feng Yu Restaurant with black characters on orange board is not spacious buy snug. On an early morning of autumn or winter, you may hang on in here, serves with hot fried stuffed bun with chives plus fried tofu rice noodle soup. You can’t wait to use chopsticks. The white skin broken once bit, warm delicious soup and golden dough crusts are so luscious that you ignore the grease of buns. Inexpensive and tasty, Fengyu is fairly popular in Shanghai.

Specialty: fried stuffed bun, rice soup with fried tofu

Address: 41 Runjin Road (NO.2)

Tel: 021-53061742

Transportation: Metro Line 1 (Shaanxi Road (S) Station), Tourist Line 10, Bus 26, 945

Qiao Jia Shan Restaurant


Xian De Lai Restaurant serves the national favorite pork ribs fried with glutinous rice cake. Established at Lane 177, Xizang Road (S.) in 1921, it used to cater for low-end diners, hence the title "Xian De Lai" and "King or pork ribs". The name "Xian De Lai" implies "luscious, virtuous and prosperous". The pork ribs are made like fans, golden in color, delicious in taste and tender in texture. The rice cakes are white, smooth and chewy.

Specialty: pork ribs fried with glutinous rice cake

Address: 98 Yunnan Road (S.)

Tel: 021-63366108

Transportation: Bus 23, 123, 926, 980


Shen Da Cheng Restaurant

Shen Da Cheng Reataurant was set up in 6th year of Qing Dynasty Emperor Guang Xu (1875). The founder Shen Ajin combined the best of dim-sum and traditional snacks, careful in selecting row materials and meticulous in preparations. Reputed as "king of dim-sum in Shanghai", some popular specialties include longevity peach-shaped cake, osmanthus cake slices, sticky rice ball with red bean paste and glutinous rice dumpling in bamboo leaves. Shanghai-style dumplings in bamboo leaves retain the feature of being fragrant, chewy and tasty, and curry chicken dumpling, the first of its kind, was produced. A glutinous rice dumpling in bamboo leaves going with a bowl of wanton soup sell very well at Shen Da Cheng.

Specialty: sticky rice cake slices, glutinous rice with bean paste, spinach-dyed sticky rice ball with red bean paste

Address: 636 Nanjing Road (E.)

Tel: 021-63225615

Transportation: Metro Line 1 (People's Square Station), Tourist Line 10, Bus 19, 37


Cang Lang Ting

Cang Lang Ting is an old-brand restaurant among Suzhou-style noodle shops, features in chewy noodles and strong-flavored dressing. The pastries made are just as good as noodles. The specialties of "tri-color pasty" vary with the season. In winter and spring, they mainly sell crispy gingko cake and sweet New Year cake. Pure Brightness Festival is supplied eith Suzhou-style glutinous rice ball with red bean paste. In summer there are sticky rice ball with stie- fried meat fillings, square cake, Fu Ling cake with nuts, etc. Double-Nine cake is sold at the festical. Moon cake with fresh pork filling is a treat at Mid-Autumn Festival. Throughout the year Dingsheng (bound to win) cake, longevity fish noodle, shrimp noodle, Suzhou- style noodles and snacks.

Address: 1465 Fuxing Road (M)

Tel: 021-64372222

Transportation: Metro Line 1 (Changshu Road Station), Bus 02


Gong De Lin

Gong De Lin is the leading restaurant for "veggie food in the shape of meat dishes". The dishes are carefully selected, meticulously prepared and artistically presented. A variety of tasty and nutritional choices are goof foe health in all seasons. Gong De Lin's vegetarian buns and noodles are popular with diners. The vegetarian moon cakes have won the award "China’s best moon cake" and "famous Chinese pastry".

Specialty: vegetarian bun. Moon cake

Address: 445 Nanjing Road (W.)

Tel: 021-63270218

Transportation: Metro Line 2 (Nanjing Road (W) Station), Bus 20, 37, 112


Wu Fang Zhai Dim-sum Restaurant


Wu Fang Zhai Dim-sum Restaurant was established in 1958. The pastries are made with five recipe-made natural herbal fillings, namely, rose, osmanthus, pine, lotus (or mint), hence the name "Wu Fang Zhai" (literally "five fragrance restaurant"). They are varied in seasons such as glutinous rice ball with red bean paste in Pure Brightness Festival, pyramid shaped sticky rice dumpling in bamboo leaves, Double-Nine cake at the festival, eight treasure rice and sweet rice cake in Spring Festival. The "three sweetness", namely sweet taro, sweet potato and sweet rice-filled lotus roots are most sought-after in decades.

Specialty: glutinous rice dumpling in bamboo leaves, pastries and cakes

Address: 938 Pubei Road

Tel: 021-54198439

Transportation: Bus 43, 830

(Source: china.org.cn)

Thursday, April 22, 2010

U.S. Senate approves derivatives rules

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April 22--A U.S. Senate panel on Wednesday advanced tougher bills on complex financial tools called derivatives on a 13-8 vote, media reports said Thursday.

The bill offered by Senate Agriculture Committee Chairman Blanche Lincoln, D-Ark., would also improve transparency of most derivative trades.

Lincoln's derivatives bill is expected to be incorporated into the broader regulatory legislation before it is taken up by the full Senate.

Derivatives are financial products -- such as corn futures or stock options whose values depend on the values of underlying investments. Companies use them to hedge against risks, such as interest rate swings or oil price spikes. Derivatives also became a vehicle for speculation and helped trigger the financial crisis.

Under Lincoln's bill and other Democratic proposals, companies such as AIG would be subject to closer regulation. They also would have to keep minimum levels of capital to protect against market downturns.All the major plans would require that most derivatives be settled in a centralized system and traded over exchanges.
What sets Lincoln's bill apart is a rule that would bar companies that receive federal guarantees, like insurance from the Federal Deposit Insurance Corp., from most derivatives activities.

(Agencies)




Backgrounder: Chronology of events since financial crisis began


BEIJING, Sept. 24 (Xinhua) -- The Group of 20 (G-20) summit, which opens Thursday in Pittsburgh, will focus on measures to deal with the global financial crisis. The summit will be the third gathering of G20 leaders since the crisis began a year ago.

The following is a chronology of major economic and financial events in the past year:



  2008

Sept. 15, Lehman Brothers, the fourth largest investment bank, filed for bankruptcy protection while Merrill Lynch, the third largest investment bank, struck a buy-out deal with the Bank of America, marking the start of the financial tsunami that swept the world.

Sept. 20, the U.S. government proposed a 700-billion-U.S.-dollar bailout plan to address the devastating financial situation. The plan was signed by President George W. Bush on Oct. 3 after being approved by both the Senate and the House.

Early October, Iceland's three major banks declared bankruptcy in succession within two weeks, accompanied by a dive in stock prices and depreciation of the country's currency. The International Monetary Fund provided 6 billion U.S. dollars for the north European country to bolster its paralyzed financial system.

Nov. 9, the Chinese government announced a 585 billion U.S. dollars stimulus package to be rolled out over the next two years aiming at expanding domestic demand and promoting economic growth.

Nov. 15, the first G-20 financial summit was held in Washington D.C. The participating countries reached consensus on a variety of issues, including stepping up international coordination to combat the crisis and reform the global financial system.

Nov. 25, the United States pledged another 800 billion U.S. dollars to loosen the credit market for house purchases and small business loans.

Dec. 11, Bernard Madoff, a Wall Street financier, was arrested on charges of fraud. Madoff, who also was a former Nasdaq chairman, for 20 years conducted the biggest ever Ponzi scheme and cheated investors out of more than 50 billion U.S. dollars. Madoff was sentenced to 150 years in prison on June 29, 2009.



2009

Early 2009, Eastern European nations saw severe capital flight and a sharp drop in exports amid downturns in their western neighbors. The International Monetary Fund provided at least 52 billion U.S. dollars to Hungary, Serbia, Latvia and Ukraine.

Feb. 4, U.S. President Barack Obama placed a 500,000-U.S.-dollar cap on the salaries of financial executives whose companies would receive bailout money from the American government.

Feb. 17, Obama signed a 787-billion-U.S.-dollar stimulus package in hopes of invigorating the U.S. economy through government investment and tax cuts.

March 12-13, tax havens, including Switzerland, Andorra, Liechtenstein, and Belgium agreed to loosen their confidentiality rules to cooperate with other nations on cracking down cross-border tax evasion.

Mid March, large AIG executive bonuses were revealed, angering the U.S. public. Obama ordered the Treasury Department to prevent the 165 million U.S. dollars from being paid. The executives returned part of their bonuses under the pressure of public reprimand.

March 23, the U.S. government announced a "toxic asset plan" that would form public-private partnerships to help cleanse banks of up to 1 trillion U.S. dollars in toxic assets.

April 2, the G-20 leaders held their second summit to address the global economic woes in London. The participants agreed to provide up to 1.1 trillion U.S. dollars to the International Monetary Fund and the World Bank as well as to tighten monitoring of financial activities.

June 1, General Motors filed for bankruptcy protection in order to restructure its assets. The U.S government would be holding 60 percent of the new General Motors' shares after the protection process.

July 17-19, the U.S. government announced a comprehensive reform plan on financial monitoring in hopes of reviving confidence in the American financial system. The EU leaders also passed a reform plan aimed at establishing a pan-Europe financial monitoring system.

Moody's downgrades Toyota's credit rating, profit concerns over product quality

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In this file photo taken on April 1, 2010, a Toyota Sienna is presented during the media preview of the New York Iternational Auto Show at Javits center in New York, the United States. Toyota Motor Corp. said on Monday it will pay the 16.375 million U.S. dollars fine for its huge acceleration recalls, but denied violating any U.S. law. (Xinhua/Shen Hong)


TOKYO, April 22 (Xinhua) -- The international ratings agency Moody's Investors Service said Thursday it has downgraded its credit rating for Toyota Motor Corp. because of concerns over product quality weakening the firm's capacity to repay long-term debt.

Moody's downgraded Toyota and its subsidiaries' rating to Aa2 from Aa1 saying that the beleaguered automaker's profits may suffer following its recent vehicle recalls.

''The rating action reflects the ongoing low level of profitability evident at Toyota,'' said Tadashi Usui, Moody's Vice President.

"Its product quality and recall challenges -- largely centered in the US -- have created significant uncertainty over whether it can maintain the pricing power it has historically achieved over its rivals," he added.

Usui also highlighted the fact that Toyota's profitability will certainly be impacted by costly litigation fees associated with the recalls and combined with market expectations for sluggish sales in the auto sector this year said that Toyota's operating profit would be below "that appropriate for its rating level until 2012 at the earliest and possibly beyond."

Earlier this week Toyota agreed to pay a 16.4 million U.S. dollar fine for hiding, for at least four months, accelerator pedal defects blamed in more than 50 deaths in the U.S.

Additionally Toyota has recently widened a recall of two sports utility vehicles -- the Lexus GX 460 and some models of the Land Cruiser Prado -- to 34,000 units worldwide to reduce the risk of potential rollover accidents when cornering at high speeds.

Wednesday, April 21, 2010

Shanghai Basic Facts

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>> History of Shanghai

Origin of "Hu" and "Shen"

Shanghai is called in Chinese "Hu" for short and "Shen" as a nickname. About 6,000 years ago, the western part of today's Shanghai dried up into land and its eastern part became a piece of land about 2,000 years ago. During the Spring-Autumn and Warring States Periods (770-221 BC), this area was once the feoff of Huang Xie, the Chun Shen Governor of the State of Chu.
So, "Shen" comes from the title of the governor. During the Jin Dynasty (4th-5th centuries), fishermen living along the Songjiang River (today's Suzhou Creek) and the coast of the East China Sea created a fishing tool called "Hu." By combining the name of the fishing tool and the then term for estuary of big rivers, they coined a Chinese character "Hu" to name the place as it sits at the mouth of the Yangtze River, the longest river in China.

Founding of the City

Shanghai began as Huating County, an administrative district established in 751 AD. The county, located in an area known today as Songjiang District, had its boundary reaching today's Hongkou District in the north, Xiasha in the east and the coast in the south. In 991 AD, Shanghai Town was set up in the county.


During the 1260-1274 period, the town evolved into an important trading port and in 1292, the then central government approved the establishment of Shanghai County in this area, which has been widely deemed as the official beginning of the city of Shanghai.

Modern Age

In the 16th century (or the middle period of the Ming Dynasty), Shanghai became the national center of textile & handicraft industry. In 1685, Shanghai set up its first customs office. After the Opium War in the mid-19th century, Shanghai served as a major trading port and gateway to inland China. With invasion of the big powers from across the world, Shanghai was then turned into a semi-feudal and semi-colonial city for about 100 year. On May 27, 1949, Shanghai was liberated by the People's Liberation Army of the Communist Party of China from the Kuomingtang rule and began to write its chapter in the history of the development of New China.

Historic Transformation

Shanghai has undergone a historic transformation since its liberation on May 27, 1949. In the past more than 50 years, fundamental changes have taken place in this once semi-feudal and semi-colonial city.


Particularly, since the Chinese government adopted the reform and opening policy in 1978, Shanghai has witnessed marked progresses in its social and economic development, thanks to the distinctive strategies adopted by the city government applicable to the advancement of a megalopolis like Shanghai.

Today, Shanghai is the largest economic and transportation center in China. It also enjoys a reputation as a famed historical city in the country. Now, the city is striving to turn itself into one of the economic, financial, trade and transportation centers in the world. It also aims to lead the country in building a well-off society and in achieving the initial modernization.


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>> Urban Construction

Investment in Urban Construction

The city has made breakthroughs in the construction of hub-oriented, functional and networked infrastructures. For the 2001-2006 period, Shanghai invested 438.275 billion yuan in its urban construction projects, accounting for 25.5% of the total fixed assets investment in the period. The progress in the city's infrastructure network has contributed greatly to further improving its investment environment, opening further to the outside world and enhance its comprehensive function.

Investment in Urban Construction

The city has made breakthroughs in the construction of hub-oriented, functional and networked infrastructures. For the 2001-2006 period, Shanghai invested 438.275 billion yuan in its urban construction projects, accounting for 25.5% of the total fixed assets investment in the period. The progress in the city's infrastructure network has contributed greatly to further improving its investment environment, opening further to the outside world and enhance its comprehensive function.

Key Urban Construction Projects

According to its overall urban development plans and goals, the city has sped up the key urban construction projects through scientific coordination. It has already completed landmark projects, including the bridges over the Huangpu River, tunnels, elevated roads, expressways, subways, international airports, and Yangshan Deep-water Port. In 2006, Shanghai invested 64.195 billion yuan into key urban construction projects. In the year, the city



Donghai Bridge

The first long cross-sea bridge in China links up the Yangshan Deep-water Port with Luchao Port in Nanhui District. The bridge spans 32.5 kilometers, with six vehicle lanes in two ways and emergency parking areas. It is 31.5 meters wide, and the designed vehicle speed is 80 kilometers per hour. The bridge started operation in late 2005.

Pudong International Airport

The Pudong International Airport, at about the mid-point of the Europe- America aviation route, has been one of the world's major aviation hubs. It is about 30 kilometers away from the city's downtown. The airport terminal building looks like a super seagull spreading its wings. The first phase of the airport has a 4E runway 4,000 meters long and 60 meters wide, a parking space of 800,000 square meters that can hold 76 planes at a time. The second phase includes a runway 4,000 meters long and 60 meters wide, a terminal building with a floor area of 800,000 square meters and four runways. When all the projects are completed, the airport can handle 80 million passengers and 5 million tons of cargo a year.

Shanghai Southern Railway Station

Located in Caohejing of Xuhui District, the station is the southern gate of Shanghai in the city's railway hub plan and links Shanghai to other parts of the country and functions as a transit hub for local commuters. The roof of the main building at the station takes the shape of a flying disk, and the planned floor area of the facility is about 600,000 square meters. The project includes the station proper and support facilities, station kiosks and relevant development projects, a square and support urban infrastructure projects, and a project for handling transit mail. The station started operation in 2006.

Cross-river Projects

Before the 1990s, residents hand to take ferry to travel across the Huangpu River as there was neither bridge nor tunnel linking the two parts of Shanghai separated by the river. Since the government adopted the opening and reform policy for Pudong, six bridges, namely Nanpu, Yangpu, Xupu, Lupu, Fengpu and Songpu, and six crossriver tunnels, namely, Out Ring Rd, Xiangyin Rd, Dalian Rd, Yan'an Rd E., Fuxing Rd E. and Dapu Rd, have been completed.

Nanpu Bridge It is the first bridge Shanghai built across the Huangpu River. The 8,346-meter-long bridge has an under-clearance of 46 meters, thus allowing ships with a tonnage of 55,000 to pass under it. As a cablestayed bridge, its main bridge is 846 meters long and 30.35 meters wide, divided into six lanes. The approaches have a combined length of 7,500 meters and the West Shanghai spiral approach is 3,754 meters long. The bridge opened to traffic on December 1, 1991.

Yangpu Bridge

Located 11 kilometers downstream, this is a sister bridge of the Nanpu Bridge. The two bridges act as two wings to help the Inner-Ring Road to fly across the Huangpu River. Also a cable-stayed bridge, the Yangpu Bridge is 7,658 meters long with a 602-meterwide main arch. The bridge opened to traffic in October 1993.

Lupu Bridge

It was named"world's No. 1 arch bridge"for the 10 records the projects set. The whole- steel structure is recognized as"world No. 1 steel bridge". With a total length of 8.7 kilometers, the bridge starts

from Luban Road in Puxi, spans the Huangpu River and reaches Jiyang Road in Pudong. Its main arch, spanning 750 meters, flies across the river. The main bridge has six traffic lanes. The bridge's under-clearance reaches 46 meters and it provides a water navigation lane of 340 meters wide. The bridge opened to traffic in 2003.

Dalian Road Tunnel

It parallels with the second phase of the Pearl Line Light Rail. The tunnel has four traffic lanes going two ways and each lane is 3.75 meters wide. The lane above-clearance is 4.5 meters. It is designed for a speed of 40 kilometers per hour. The tunnel, with a total length of 2.5 kilometers, opened to traffic in 2003.

Fuxing Road E. Tunnel

It is the world's first double-deck tunnel in operation. The tunnel has six lanes. The 3-meter-wide, two-lane upper deck is designed for cars and has height limit of 2.4 meters. The lower deck has a 3.5-meter-wide drive lane and a 2.5-meter-wide emergency lane, with a height limit of 3.8 meters. The speedlimit is 40 kilometers per hour. With a total length of 2,785 meters, the tunnel opened to traffic in 2004.

Xiangyin Road Tunnel

With the biggest diameter among China's cross-river highway tunnel, it will link with the planned Shanghai-Chongming-Jiangsu crossriver tunnel. The northern part of the project totals 2,597 meters, and the south section 2,606 meters. The tunnel has four two-way lanes in two pipes with a designed speed limit at 80 kilometers per hour. It opened to traffic in 2005.

Rail Network

An urban rail network has taken its initial shape since the 1990s when Shanghai began to build a modern metropolitan road system. By the end of 2006, the city had built five subway lines and a maglev line, covering a total of 169.36 kilometers and transporting 1.8 million passengers a day. By 2010 when Shanghai hosts the World Expo, the city will have 11 subway lines, with a total length of 400 kilometers, transporting more than 5 million passengers a day.

Subways

With a total length of 33.89 kilometers, the Metro Line 1 goes from Xinzhuang to the crossing of Taihe Rd and Out Ring Road, with 26 stops and a speed limit of 80 kilometers per hour. The Metro Line 2 is the east-west artery of the rail network. With a total length of 27.03 kilometers, it goes from the Hongqiao Airport to Longdong Rd E. in Pudong. The Metro Line 3 is the country's first elevated metro line. It extends 25 kilometers from Shanghai Southern Railway Station to Jiangyang Rd N. in the northeast. The Metro Line 4 covers 22 kilometers, with 17 stops, including 9 that it shares with Metro Line 3. The 17.2-kilometer Metro Line 5 joins Line 1 at Xinzhuang.

Exemplary Maglev Line

It is the first commercial maglev line in the world. It is also the first maglev line in China designed for transportation, sightseeing and tour trips. It connects Pudong International Airport with the expressways entering the downtown. With a total length of 30 kilometers, the maglev train has a designed speed limit of 430 kilometers per hour. The whole trip takes seven minutes. It started operation in December 2002.

Elevated Highways

The city's network of elevated roads consists of the Elevated Inner-Ring Road, the Elevated South-North

Road, and the Elevated Yan'an Road. The 48-kilometer Elevated Inner-Ring Road goes along the circular Zhongshan Road and links up the two sides along the Huangpu River through the Nanpu Bridge and the Yangpu Bridge. The Elevated South-North Road, with six lanes, goes across the city center, covering a total length of 8.45 kilometers. The Elevated Yan'an Road starts from the Zhongshan Road E1 in the east and reaches the Hongqiao Airport in the west. With a total length of 14.8 kilometers,it connects with the other two elevated roads to form anelevated road network in the city center.

Expressways

With a combined length of 560 kilometers, the city's expressway network now allows people to enter the network within 15 minutes, switch to any expressway within 30 minutes and arrive at any spot on the network within 60 minutes. This is the so-called"153060"target of the city's expressway network development. A number of expressways or sections, such as the Shanghai section of the Hu-Hang Expressway, the Shanghai section of the Hu-Ning Expressway, the Hu-Qing-Ping Expressway, the Tong-San National Expressway and the Hu-Lu Expressway, have all been completed and open to traffic.

Environment Protection and Rectification

Shanghai has made remarkable progress in pollution control and environment protection. In 2006, the city invested 31.085 billion yuan, or more than 3% of the city's GDP, into environmental protection projects. The effective control of discharged pollutants helped the city's good air quality to reach 88.8%. The city treated 71% of its sewage.

Urban Greening

By the end of 2006, the city's areas of parks and greenbelts amounted to 30,600 hectares. Of the total, 13,300 hectares were public green areas. The average per capita green area reached 11.5 square meters in the city and the green area coverage reached 37.7% of the city's total territory. In recent years, the city had built a great many large green areas, including the Yanzhong Greenbelt, Taipingqiao Greenbelt, Huangxing Park, Daning Greenbelt, the Xujiahui Park, the third phase of the People's Square Park, the third phase of the Xujiahui Park, Yanhong Greenbelt, Expo Forest, and the first phase of Riverside Forest Park.

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>> Population

Due to constant inflow of people from other parts ofthe country, the population in Shanghai keeps growing.

When Shanghai was turned into a city, it only had a population of less than 100,000. By the time Shanghai was liberated in 1949, the figure stood at only 5.2 million. By the end of 2006, however, the city's permanent residents had grown to 13.681 million, or 1% of China's population. In 2006, an average 2,157 permanent residents lived on each square kilometer of the city. The population of long-term residents reached 18.15 million, including 4.67 million immigrants.

Natural Changes

Shanghai is the first provincial area in China to have reported a negative population growth rate. The city has registered a negative population growth rate for 14 con- secutive years since 1993. In 2006, the city's population of permanent residents saw a birth rate at 0.6%, mortality rate at 0.72% and natural growth rate at -0.12%.

Age Structure

The city has seen a rising population of senior citizens. A sample survey of 1% of the city population in 2006 reveals that 8.9% of the city's permanent residents, or 1.58 million, are aged 0 -- 14; 79.1%, or 14.08 million are aged 15 -- 64; 11.9%, or 2.12 million aged 65 and above. Compared with the fifth national census in 2000, the proportion of those aged 0 -- 14 in the city population dropped 3.4 percentage points, while that of those aged 65 and above rose by 0.5 percentage points.

Life Expectancy

The life expectancy of Shanghai's population has kept rising. In 2006, the average life expectancy stood at 80.97 years -- 78.67 for males and 82.29 for females, about the level in Western countries.

Education Level

The overall education level of Shanghai's population has been steadily improving. According to the sample

survey of the 1% of the city population in 2006, 18.1% of the city's population aged six and above had a collegeequivalent education and above, 6.7 percentage points more than in 2000 when the fifth national census was conducted. Those with senior high school education accounted for 24.8% of the local population, up 1 percentage point while residents with primary and junior middle school education accounted for 51.6%, a drop of 6.3 percentage points. In 2006, 99.9 percent of school-age children attended the nine-year obligatory education, 99 percent of junior middle school graduates entered senior high schools, and 81.7 percent of graduates of senior high school enrolled into colleges.