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�� XLIX Festival of Sport kicked off in Hong Kong

�� More Chinese prefer to save than spend

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�� 500 pairs of lovers "date in spring"

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Iraq to buy US$1bln worth of goods in Shanghai

www.chinanews.cn 2006-03-28 15:39:44

Chinanews, Mar. 28 - The Iraq Investment and Reconstruction Task Force
consisting of 50-odd merchants arrived in Shanghai on the afternoon of
Mar. 27th to attend a large-scale sourcing conference held by Shanghai
International Merchandising Center Co., Ltd. A spokesman of the Iraqi
Chamber of Commerce disclosed that the estimated consumption volume of
these merchants would exceed US$1 billion.
This sourcing conference would be open in Shanghai Mart on March 28th and
last 3 days. Though these 50-odd merchants come from 10 different
countries, all of them are Iraqi and want to make some contributions to
their own country's reconstruction, revealed Dr. Saffar with the Iraqi
Chamber of Commerce.
Dr. Saffar said frankly that they had made deep considerations on
economic and other factors before coming to China for purchasing. "We can
buy everything here." said Dr. Saffar. China produces high, medium and
low-end products; therefore there is much room to choose products with
different price levels. Chinese products with high quality and low price
are a big attraction for Iraq, a developing country that needs full-scale
reconstruction.
"Different buyers have different considerations," said Dr. Saffar, "but
as for building materials for roads and bridges, vehicles and industrial
facilities, we would choose high-quality ones without doubt for the
infrastructure counts for much and can be used for ages." He added that
Iraq is a country that needs to be completely rebuilt. With large sums of
aids from the international community, the reconstruction task force will
procure at least US$1 billion worth of goods in Shanghai.

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Residents' committees undergoing direct election

www.chinanews.cn 2006-03-28 15:20:45

Pictured is a banner about general election of a residents' committee in
Beijing. Residents' committees in Beijing's residential communities
started the general election in February, 2006. Voters will be registered
and the general election will be conducted in a direct way. More than
2,400 positions of head of residents' committees will be reelected.

Copyright� 2004 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
Disclaimer: viewpoints in the website do not represent China News Service

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Hangzhou Bay Transoceanic Bridge under construction

www.chinanews.cn 2006-03-28 14:48:29

Hangzhou Bay Transoceanic Bridge has a total length of 36 kilometers,
longer than many world-famous bridges such as the Chesapeake Bay Bridge
in the US and the Baharian Causeway in Saudi Arabia, becoming the longest
transoceanic bridge among all cross-sea bridges that have completed
construction or are under construction in the world. This bridge shortens
the journey between Ningbo City and Shanghai by more than 120 kilometers.
It will make far-reaching and important influence on the economic and
social development in the Yangtze River Delta region. The bridge started
construction in 2003 and is predicted to be completed in 2008.

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