IN BRIEF (Page 14)

Erdos enters real estate

Cashmere products maker Erdos Group has expanded into the property sector by launching a 650-million-yuan commercial project in Shanghai. The project, with a construction area of 64,000 sq m, is located in Shanghai's Pudong New Area. It is Erdos's third property project in Shanghai. The company has so far invested 3 billion yuan in the property sector.

METRO stops plastic bags