The transport commission said that the city will not impose an increase in fuel surcharges that is imposed on local taxi passengers that needs to pay a 3 yuan fuel surcharge for every time they ride a taxi. These remarks were made after local taxi driver were complaining on the pressure caused by a hike [...]
Local stores in Shenzhen are thriving since they began buyback businesses as customers come in and return high-priced gifts they received during the Spring Festival. The gifts are bought back by the stores at a fraction of the original prices of the gifts when bought. Some grocery and convenience stores are promoting buyback services for [...]
After the week long Spring Festival holiday prices of tour packages have dropped down by 20 percent. This tour packages had prices go as high as 40 percent during the holidays but since its ended prices tend to drop down. Tour packages to overseas destinations have dropped down even further. Since Spring is fast approaching, [...]
Its the time of the year again when children will be receiving lucky money as Chinese New Year’s gifts. An online survey showed that more than 50 percent of children in large cities in China receives more than 5,000 yuan, and around 5 percent receiving more than 10,000 yuan as lucky money. Now the questions [...]
Starting tomorrow the minimum wage increase in Shenzhen officially starts. The hike will make the minimum wage of 1,500 yuan per month or 13.3 yuan an hour the highest in Shenzhen and on the Chinese Mainland. Overtime wage will also be adjusted accordingly, as the law states payment for overtime work id 1.5 times regular [...]
Lin Chunping a Wenzhou businessman and a master of economics recently purchased the Atlantic Bank of America for US$ 60 million. Due to the global financial crisis the bank was forced to declare bankruptcy in 2008, with Lin beginning negotiations to purchase the bank in Delaware in 2009. In June 2010 Lin established a company in the [...]
Last year to help improve the lives of its residents the government made promises, such as more jobs, better education, healthcare benefits, wider public transportation and crime prevention. The city government was able to deliver 32 of the promises. 46,000 jobless residents were able to find jobs with the help of the city government, by [...]
To save money and time, more people are choosing to shop online in advance of the Spring Festival. The sales of Spring Festival products such as food, ornaments and gifts have doubled in the past three months as reported by taobao.com the country’s largest online shopping site. Food is also a popular choice of products [...]
The State Administration of Radio, Film and Television has been planning to impose a price cap on movie tickets prices in efforts to create more access to cinemas. By doing this it may require theaters to show more half-price screenings. Although there is no date set for when the price changes since the State Administration [...]
In its quest for internationalization, Futian district issued their first English version of their annual government work report during the first plenary session of the sixth district people’s congress, thus marking another step forward. The English report was given out to all the delegates present in the session. Yang Hong the district acting chief had [...]
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Shenzhen Standard. All Rights Reserved.
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