CHINAINSIGHT Yao Ming: CHINA's
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Promoting US-China Cultural and Business Understanding HINA NSIGHT C Copyright © 2003 Minnestar,I Inc. All Rights Reserved. MINNESTAR VOL.1 NO.12 www.chinainsight.info FREE JANUARY 2003 News E-Government Sam’s Club is Open Yao Ming: CHINA’S China’s First Environmentally- Friendly Road Three Gorges Power HOT NEW EXPORT! Plant Founded INSIDE on page 3 & 4 Sports Yao Ming: China’s Hot New Export Page 1 and INSIDE on pages 6 & 8 Exclusive: Interview with Yao Ming INSIDE on page 8 Travel Summer Palace in Beijing Page 1 and INSIDE on page 9 & 10 Events Minnesota International Center’s Year of China Events. INSIDE on page 12 Story by Gregory Huge, China Insight Staff Writer Photo by Richard He o most National Basketball Association (NBA) fans, on Sat., Dec. 21, 2002, the game between the Minnesota Timberwolves and the Language Houston Rockets was just another game, but to many Chinese and other Asians, it was their first chance to get a glimpse of Yao Ming from China, the Rocket’s 7-foot-6 center in his rookie year from China. As the NBA’s No.1 draft choice in 2002, Yao became the first- The Chinese Language - T ever number one draft pick to come from an international league. Unquestionably this makes him the hottest export from China this Just the facts year and unofficially its “goodwill ambassador”. If you’re expecting play-by-play commentary of the basketball game that took place on the first meeting of these two teams, you’re going to INSIDE on page 13 be disappointed since more qualified sports columnists from the Twin Cities area have already provided that. Instead, this article will focus on what we feel is the cultural and business significance of Yao’s entry into the NBA. Conversation Strategies YAO MING continues on page 6 INSIDE on page 14 he Summer SummerSummer PlacePlace Palace is one of the most TT popular tourist attractions in the city of Beijing. Located 8- 10 miles northwest of the Forbidden City as the crow flies, it occupies an area of approximately 725 acres. Comprised of large gardens, ornamental paths, and beautiful bodies of water, it is one of the most peaceful palaces in Beijing, Photo by Mark LaFon Mark by Photo and highly popular with both Beijing residents and tourists. Happy Chinese SUMMER PALACE New Year ! in BeijingS continues on page 9 February 1, 2003 INSIDE on page 5 tory by Mark LaFon Announcements CHINAINSIGHT > PAGE 2 JANUARY 2003 Arden Hills Great China, 3547 N Lexington Ave. 651-481-8100 Bloomington HINA NSIGHT New Century Buffet, 7827 Portland Ave S. 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TCM Health Center Clinic, 613 Grand Ave. * If you want to be included as a 651-726-2459 distribution location, contact China Wayzata Jade Fountain, 838 Lake St E (Wayzata Bay * New rate Is effective Jan. 1, 2003 Insight at [email protected] Shopping Ctr). 952-473-4646 News CHINAINSIGHT > PAGE 3 JANUARY 2003 employees reached 416,442, an increase of Jilin Province December 12th, 2002. 63%. Last year, the top 100 chain stores’ Shanghai Airport Begins sales volume accounted for 4.3% of the total To Expand sales volume of consumer goods retail sales. Construction of The white paper forecasts that in five to China Foreign ten years, of China’s total retail market, the Enterprise Credit According to Mr. Xia Keqiang, market share of small and medium-sized Trade Volume supermarkets will be 15%, hypermarkets and Information chairman of the board of directors of department stores will each have 10%, Reaches $560.2 Shanghai Airport Group Company, after leaving each of the other types of retail units System winning the bid to host the 2010 World Expo, to occupy 10%. Billion in First Shanghai will accelerate the expansion of Eleven Months of Pudong International Airport. It is estimated Source: International Finance News, 12/ Like Shenyang city in Liaoning that during the international exposition, to 16/2002 - Translated by Nancy Xu. Province, the Jilin Province Administration 2002 be held from May to October 2010, the for Industry and Commerce (AIC) has volume of passengers coming to Shanghai established an online information service will reach 70 million. The annual turnover to improve public access to enterprise credit According to statistics from the volume of Shanghai Airport is currently Sam’s Club information through the internet. Jilin only 60 million, which means the airport has General Administration of Customs (GAC), to be expanded. The new runway will be Province’s efforts are a part of the China’s foreign trade volume reached $560.2 Opens in nationwide Hong Dun 351 program that has completed in 2004 during the second phase billion in the first eleven months of this year, of the expansion, and the terminal building been designed by the State Administration up 21 percent from the same period last year. Changchun for Industry and Commerce. Other cities in in 2007. The total airport capacity will be The statistics also showed that exports rose doubled after expansion. Mr. Zhu revealed the northeast region, including Dalian, 21.6 percent to $293.69 billion, while imports Harbin, and Jilin, have markers on the that the runway for the third phase of the On December 12, PCO Sullivan grew 20.5 percent to $266.49 billion, creating engineering will be completed before 2010.