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Shanghai Ranks First in China in Terms of Several Economic Indicators with Nighttime Sales over RMB 500 Billion - Jan 14, 2022

In 2020, the total retail sales of consumer goods in Shanghai reached RMB 1,593.25 billion, up 0.5% over the previous year, accounting for 4.06% of China’s total consumer goods retail sales, up 23% year

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City streamlines process for foreign investment - Jan 14, 2022

Shanghai has issued new measures on the approval and filing of foreign investment projects, largely reducing the paperwork required and cutting red tape to streamline application procedures for foreign

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City's paid-in foreign investment hit record US$22.551 billion in 2021 - Jan 14, 2022

Paid-in foreign investment in Shanghai topped a record US$22.551 billion in 2021, a surge of 11.5 percent year on year. The robust foreign investment growth also saw increases in contract value and the

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Investment Rises Both in Quantity and Quality, and Foreign Investors Show Faith in Shanghai thanks to Continuously Optimizing Business Environment - Jan 13, 2022

As COVID-19 still spreads across the world, foreign-owned “Chinese factories” and “Chinese stores” are seeing steady growth in Shanghai. According to Shanghai Municipal Commission of Commerce, from January

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What New Opportunities Will Shanghai Embrace after RCEP Takes Effect? - Jan 13, 2022

The Regional Comprehensive Economic Partnership (RCEP) has come into force since January 1, 2022 in China, Japan, Australia and 6 ASEAN countries. As the important starting point of China’s another new

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Try e-yuan app now! Program is available on mobile app stores - Jan 07, 2022

A testing application exclusively designed for the Chinese electronic yuan can now be downloaded on major mobile Android app stores and Apple's App Store. The move marks another big push by China's central

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Work begins on 40 key projects in Shanghai's 5 'new cities' - Jan 07, 2022

Construction for 40 key projects in Shanghai's five "new cities," with investment totaling 132.82 billion yuan (US$20.84 billion), kicked off on Thursday, as the city continued to press ahead with its

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More magic! Retail centers in Shanghai go way beyond shopping - Jan 04, 2022

Famous as a world-class consumption center, Shanghai is also a pioneer in the innovation of designs and services for shopping. In today's world, the experience of consumption has evolved into a journey

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SenseTime makes strong debut on Hong Kong Exchange - Jan 04, 2022

Chinese artificial intelligence firm SenseTime rose strongly on its first trading day in Hong Kong on Thursday, despite facing a recent US investment ban. SenseTime jumped 7.3 percent to close at HK$4.13

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Sharing "Shanghai wisdom" through Open Innovation - Dec 30, 2021

On December 3, the China-Laos railway officially started operation. As a flagship project of mutually beneficial cooperation between China and Laos, and a landmark project of building?"the Belt and Road"

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