In 1998， great changes took place in the income and consumption levels of urban residents. The yearly average income amounted to 5，160 yuan， increased by 3.4% than that of the previous year.
Incomes of workers and staff members in the state-owned enterprises and collective work-units are still the mainstay of families' income. The income of scientific and technology researchers stood second in 12 main trades in the country. Their incomes increase according to their education level.
In recent years， the consumption pattern of urban residents has transformed from subsistence to a comfortable life. For instance， in 1998， the money spent on clothing was 4.4 percent less and the quality of food was improved while the consumption of grain relatively reduced. The accelerating rhythm of life has encouraged more socialization in food consumption. In 1998， the rate of people dining out increased by 10.4%.
The rising of Pudong New District has turned the valuable place into a hot destination of overseas investment. Nowadays the investment volume has reached 53 billion US dollars.
In 2000， government approved more than 1，800 foreign-funded enterprises and the number of them has amounted to 11，000 in Shanghai. Official statistics showed that more than 90 countries and regions had come to invest in Shanghai.
独资企业 solely-funded enterprise；
合资企业 joint venture enterprise；
China must boost its tertiary industry to accomplish its transition from a developing country to a developed country.
There is a 7 stories pagoda at the top of Tiger Hill. The subsidence during Ming Dynasty caused it to slant to an angle of 15 degrees. Today， the pagoda has become a famous scenic spot in Suzhou.
In Shanghai， more than 50，000 women are engaged in fields of textile， building material， food procession， cosmetic and chemicals.
Founded in 1953， Shanghai foreign language school is a full-time boarding school， which is affiliated to Shanghai International Studies University.
China is a multi-ethnic group country with a long history. Thus there are a lot of festivals， such as Spring Festival， Lantern Festival， Mid-autumn Day， Pure-brightness Day， Dragon-boating Festival and so on.
China and US are facing historical opportunity in the new century. There is much these two countries can cope with. Actually in 1999， the sum of bilateral trades had reached 6.5 million US dollars.