Latest News

Hongqiao plans duty-free shopping expansion - Feb 26, 2021

Shanghai Hongqiao International Airport is to apply to expand duty-free shopping places and pilot a tax refund policy. The Hongqiao area will be developed as an international open hub with stronger capacity,

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City aims to be global new-energy vehicle hub - Feb 26, 2021

Shanghai aims to produce 1.2 million new-energy vehicles by 2025 with output value exceeding 350 billion yuan (US$54.2 billion), accounting for more than 35 percent of the city's automobile manufacturing

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AI robots steal the show during Spring Festival - Feb 20, 2021

Artificial intelligence (AI) technologies, including four-legged ox robots and virtual and intelligent shopping “guides," shined during the Chinese New Year holiday — used to boost innovation and the

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Official boost for development of Hongqiao - Feb 20, 2021

The State Council has agreed to a draft guideline submitted by the National Development and Reform Commission for the development of the Hongqiao Central Business District as a latest step toward further

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Banking and insurance sectors helping boost local economy - Feb 10, 2021

Shanghai’s banking and insurance sector provided strong support and risk guarantees to facilitate healthy development of the local economy in 2020, according to the local regulator. At the end of 2020,

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City to ensure adequate food supply at fair prices during holiday - Feb 10, 2021

Shanghai authorities are buckling down to ensure adequate food supplies and stable prices during the Spring Festival. The city’s wholesale markets have strengthened links between production and sales

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City's strategic industries output jumps 8.9% - Feb 10, 2021

Shanghai’s strategic industry output jumped 8.9 percent in 2020 thanks to rapid development in new-energy cars, integrated circuits, artificial intelligence and biomedicine industries, the city’s industry

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Housing market on fire, authorities try to hose down prices - Feb 06, 2021

Shanghai’s property market blows hot and cold. When the market cools, the government steps in to facilitate homebuying; when it gets frothy, the brakes are applied. On January 21, the city government

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Retailers ramping up for Spring Festival - Feb 06, 2021

Shanghai consultant Aurora Huang took part in an online lucky draw to win Nongfu Spring's bottled water with the pattern of an ox inscribed on a glass bottle instead of a normal plastic one. "I've encouraged

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Mastering the Pace of the “Planning” and “Sources” of Innovation - Feb 05, 2021

Scientific and technological innovation has always been a hot topic among representatives and committee members at Shanghai’s two sessions. It’s no exception this year. Strengthening original scientific

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