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Mainland orders air chiefs aloft in acid test of Y2K readiness

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Beijing has ordered the chiefs of the mainland's airlines to be in the air on January 1 to win public confidence and show their faith in defeating the millennium bug.

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This is the most dramatic example of the efforts being made by the authorities to combat the bug.

The Ministry of Information Industry (MII) has set up a dedicated working group to deal with the problem.

'The threat of the bug is less than in developed countries because China is less reliant on computers,' said Zhao Bo, director of the MII's division of computers and systems engineers.

'But for banks and other financial companies, it is a problem just as in other countries.' Some leading state banks had already spent 700 million yuan (about HK$651.49 million) to 800 million yuan on dealing with the Y2K bug and would have spent one billion by the end of the year, he said.

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For large state companies, the bill would be several hundreds of millions of yuan, Mr Zhao said.

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