I got the Gloria Plaza hotel for ~400 CNY if I'm not mistaken last year. Although the small company I worked for booked it for me, maybe they get a better rate. Try to get somebody from China to book it for you, I'm sure there's a "local" rate and then a "screw the foreigners" rate. There's no way they should be charging 1500 CNY for that place, but I agree it's a decent place with seemingly a lot of tour groups and/or European tourists (at least when I was there). And the location is quite good too, pretty much right between the Grand Hyatt and the St. Regis right off the intersection of two main roads. ^