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WeChat and Alipay's small-sum payment remain unfettered for personal use - February 25, 2022

WeChat and Alipay users who occasionally use QR codes to collect small-sum payments will not be subject to business tax or tighter rules, according to the latest announcement from the Payment and Clearing

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Shanghai’s Ice and Snow Sports Commerce Gains New Momentum Thanks to Winter Olympics - February 22, 2022

At the “Under the Dome" in Greenland Binfen City, a 1,000m2?outdoor ice rink has attracted a big crowd of skating fans to hone their skills on the ice and learn more about the Winter Olympics. Rinks with

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Shanghai Takes a Lead on the New Track of Digital Economy: Robots on Duty in Intelligent Factories After the Spring Festival - February 22, 2022

Many migrant workers haven’t returned to work after the Chinese New Year holiday, and factories in China are struggling with a labor shortage. However, for Lingang?Factory of SAIC Motor Passenger Vehicle

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Shanghai unveils new plan to set standards for industries - February 18, 2022

Shanghai on Thursday unveiled a plan to boost high-level opening-up and the high-quality development of industry. By 2035, the city aims to form a market-driven, government-led, enterprise-oriented,

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Shanghai designing a US$312.5b future with ambitious blueprint - February 18, 2022

Shanghai aims to be a City of Design with output of over 2 trillion yuan (US$312.5 billion) by 2025, covering development on industrial, construction and fashion innovation and design, city officials

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Record new housing supply gives market strong start of the year - February 11, 2022

Shanghai's new and pre-occupied housing markets registered mixed performances in the first month of 2022, with single-month supply of new homes exceeding 15,000 units, a record for the city. New home

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MSCI changes China weighting on key index - February 11, 2022

MSCI will add 21 securities to its MSCI Global Standard Indexes, including nine listed on China A-share market. The global leading index compiler on Thursday morning announced the results of its February

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Intelligent Factories: A New Source of Innovation in Shanghai's Digital Economy - February 10, 2022

As the proverb goes, "those who are good at competing are always master graspers of the overall situation and trend.” Currently, the center stage of the digital economy is increasingly shifting from the

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The Urban Artistic Conception of "Night Shanghai" Brings A New Wave of Design, Fashion and Cultural Creativity to Shanghai - February 10, 2022

With the rise of the 24-hour city concept, city nights have become more and more important to urban life today. Thanks to the promotion of hi-tech lighting and intelligent control know-how in recent years,

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Shanghai to double cyber security industry revenue by 2023 - January 28, 2022

Shanghai will boost its cyber security sector next year thanks to a doubling of revenue to 25 billion yuan (US$3.90 billion) from leading firms and industry parks and improved online fraud prevention

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