The Zhangjiang High-Tech Park in Shanghai is home to an innovative medical start-up company that is beginning to compete with multinational groups on the global stage.
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Integrated way forward
The OECD has recently published a lengthy study on the Chinese economy, analysing the problems impeding economic development. In this extract from the synopsis, the organisation suggests ways to raise labour utilisation, foster innovation and improve business productivity. China’s economy is clearly operating below its productive potential. Human, capital, land and other resources are under-employed, […]
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In the land of luxury
The number of luxury hotel rooms in Shanghai is fast expanding, which is good news for business travellers to China’s leading commercial city. The Shanghai luxury hotel market has suddenly become a lot more competitive, with new hotels springing up in Puxi, the old part of the city. Previously, there were just a handful of […]
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Shanghai's grand plan
City officials have unveiled a grand plan to develop a huge area near the banks of the Huangpu River into a business and entertainment paradise. Foreign companies are being encouraged to take part in the scheme. In late November, 100 potential foreign investors sat down to dinner in Shanghai’s Grand Theatre with the then Shanghai […]
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Confidence returns
Changes to dozens of laws and rules following China’s accession to the WTO has greatly enhanced China’s attractiveness to foreign investors. Since early this year, foreign banks and insurance firms in China have had a busy time. HSBC and Citibank were given licences to do foreign-currency business with Chinese customers. The banks’ top guns flew […]