Investment in Shanghai’s real estate plunged over 50 percent last year, and the market saw domestic investors taking the lion’s share of the deals, global property service provider DTZ said in a report yesterday.
Three trucks carrying dangerous chemicals were stopped by police yesterday afternoon when they tried to drive through the Outer Ring Tunnel, from where they are banned.
A chauffeur has been jailed for four years for blackmailing his former employers with pictures of them from a sex video that he posted online, the Changning District People’s Court said yesterday.
Employees in Shanghai lead the country in earning the highest amount of year-end bonus with 8,515 yuan ($1,346) on average, followed by their peers in Shenzhen with 8,265 yuan and Beijing with 7,855 yuan.
Shanghai authorities are investigating allegations of an opulent banquet held for district officials on New Year's Eve, the municipal disciplinary watchdog said Wednesday.
Grade A office rents on both sides of the Huangpu River climbed again in the last quarter of 2014 on strong demand from domestic companies, according to latest research released by major international real estate services providers.
Shopping malls and department stores are altering plans for sales which traditionally attract huge numbers of shoppers over the Spring Festival in the wake of the New Year’s Eve crush on the Bund in which 36 people died and 49 were injured.
Shanghai authorities are investigating allegations that an opulent banquet was held for Huangpu District officials on New Year’s Eve, just hours before dozens of people lost their lives in the Bund tragedy, the city’s disciplinary watchdog said yesterday.
Overseas investors will in future be able to take a 100 percent stake in the online transaction and data process business in Shanghai’s free trade zone as China plans to fully open the e-commerce sector there, the Ministry of Industry and Information Technology said yesterday.
Ricardo Blazquez, chief trade representative in China for Valencia, Spain’s third-largest city, also has advocacy duties closer to home in Shanghai.
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