Wednesday, January 07, 2004

Other News

Shenzhen

Shenzhen to Become China's First City Without Rural Areas: A couple of weeks ago, 129 senior villagers in Bao'an District of southeast China's Shenzhen City received their first monthly pension, each one with 813 yuan (US$98) or more. Just the same as urban retirees, they now have a retirement certificate, a social security card and a pension deposit book. With the issue of Transitional Measures on Basic Pension Insurance of Urbanized People in Shenzhen's Bao'an and Longgang Districts on December 8, 2003, 152,000 villagers of former agricultural household registration in these two districts have joined in the social security system.

7-Eleven Says China Joint Venture OK'd: Convenience store king 7-Eleven Inc. said it won approval from China to develop outlets in Beijing and surrounding provinces in a move that boosts its access to China's increasingly wealthy consumers.

China mobiles outstrip landlines: China now has more mobile phones than it has landlines, new figures show. According to the data from the Ministry of Information Industry, subscriber numbers were up by more than 30% in 2003 to 269 million.

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