If you're a recent university graduate, you can register your company with a 90 percent discount on start-up capital in Shanghai this summer.
An overseas graduate employment service agency in Shanghai's Yangpu District said it has already helped graduates set up over 100 enterprises since last year.
With about 1200 US dollars, graduates can start up their business ranging from design to mechanical production, but they have to pay the rest of the start-up capital in three years or face bankruptcy.
The employment service also provides financial consulting for graduates to reduce their operational costs and risks. 

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Two junior middle school students from Beijing have won a silver medal at the just concluded Teenage Robot World Cup in Portugal.
Made of a pile of colorful plastic parts, their robot walks around on a black strip and picks up 20 search targets without a remote control.
The talented male robo-geeks said the electronic and optical sensors inside the Robot can judge the color of the route and tell when to pick up the targets.
Although placing second in the competition, their teacher said such events provide a lot of encouragement for young people in China to develop their creativity and interest in hi-tech designs. 

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A San Francisco area talk show host has filed a lawsuit against McDonald's Corp. accusing the world's largest fast-food restaurant company of failing to switch to healthier lower-fat cooking oil as it had pledged.
McDonald's said it had not yet seen of a copy of the lawsuit, filed in federal district court in San Francisco.
The lawsuit was filed on behalf of radio talk show host Katherine Fettke by attorney Stephen Joseph, who also has sued to stop Kraft Foods Inc. from selling its popular Oreo cookies in California to children because the cookies contain trans fatty acids.