Photo by [Kevin.Dharmawan]
Here’s what’s happening around Shanghai:
- Shanghai’s municipal government announced it will sell 7.1 billion yuan worth of bonds in its own name, marking a first for local governments since Beijing ended a 17-year sale ban last month.
- Shanghai Pharmacy Group’s former boss has been sentenced to death after being charged with various embezzlement and bribery schemes that garnered him over 50 million yuan. The graft boss will also receive two years probation.
- Starting next month, one million households will be able to utilize an all-inclusive, electronic water, gas, and electric bill. Both the disorganized and the eco-conscious can breathe a collective sigh of relief!
- Heads up to all those who text and ‘ride,’ metro thieves are reportedly snatching high end mobile phones from passengers and ducking out before the doors shut. But don’t exhale too fully non-subway riders, street-robbers are now targeting your jewelry.
- Did you know that non-locals constitute more than 50% of the workforce?
- Shanghai citizens may be able to use an inter-city transport card in the near future. And as a bonus, it could include a shopping function.