Dai Qian/Shanghai Daily news

Shanghai shares rose slightly yesterday, led by telecom companies amid optimism that China is set to boost the sector.
The Shanghai Composite Index, which tracks both yuan-dominated A shares and hard-currency B shares, inched up 0.24 percent to 1,157.03. The A-share index rose 0.24 percent to 1,216.80 and the B-share index added 0.06 percent at 61.31.
China's information technology sector will generate 2.26 trillion yuan (US$279.7 billion) by 2010, covering 10 percent of the country's gross domestic product, according to Shanghai Securities News.
The newspaper also cited the remarks of Wang Xudong, minister of Information Industry, who said China is now ready for the third generation system. Wang said the government would unveil policies to support the launch of this technology in terms of operations, fee collecting and regulations.
Telecom firms were snapped up yesterday as the news boosted investors' confidence in the sector.
Suntek Technology Co Ltd was the biggest gainer with a rise of 5.22 percent to end at 2.82 yuan.
Bright Oceans Intertelecom Corporation climbed 4.66 percent to 8.53 yuan. Other big gainers were Jilin Sino Microelectronics Co Ltd which gained 2.74 percent to 8.26 yuan. Datang Telecom Technology Co Ltd closed 1.55 percent higher at 7.87 yuan.
"With 3G technology, the telecom sector will probably rise in the year to come," said Zhang Qi, an analyst of Haitong Securities Co.