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City pledges efforts to promote SOE reform - January 08, 2021
Shanghai has pledged to make efforts to promote the reform and development of state-owned enterprises in accordance with China's three-year plan for SOE reform. Since the 19th National Congress of the
Shanghai Is Fully Confident about the Development of Innovation Economy - January 04, 2021
The plenary session of CPC Shanghai Municipal Committee held recently pointed out that it is necessary to improve the economic development pattern and accelerate efforts to strengthen and optimize the
Mixed ownership fund launched in Shanghai - December 31, 2020
China launched its mixed ownership reform of state-owned enterprises fund in Shanghai on Tuesday, with a total fund size of 200 billion yuan (US$30.62 billion). The fund will focus on two major aspects
Huawei: 100m devices to support HarmonyOS - December 31, 2020
More than 100 million devices from over 40 mainstream brands will support Huawei’s HarmonyOS system by 2021, including smartphones, home appliances and smart devices, Huawei said in Shanghai on Wednesday. Huawei
City's foreign investment to exceed US$20b - December 31, 2020
Shanghai’s foreign investment will exceed US$20 billion this year for the first time, according to the Shanghai Commission of Commerce on Monday. The city has made foreign investment stabilization a top
New Development Bank HQ completes construction - December 28, 2020
The completion of the Shanghai headquarters of the New Development Bank was announced on Thursday. The 126,000-square-meter building in the Shanghai Expo Park area can meet the office needs of about 2,500
New industrial park linchpin of McDonald's expansion in China's heartland - December 28, 2020
McDonald’s has broken ground on a 1.5-billion-yuan (US$221 million) smart supply chain industrial park in Hubei Province. By jointly investing with suppliers — including Tyson, Bimbo, New HAVI, Zi Dan
City reveals 2019's top foreign-funded firms - December 18, 2020
Shanghai has released lists of the city's top 100 foreign-funded enterprises in 2019 in terms of income, imports and exports, tax payment and employment, with Shanghai Volkswagen Automotive Co ranking
New Development Bank HQ completes construction - December 18, 2020
The completion of the Shanghai headquarters of the New Development Bank was announced on Thursday. The 126,000-square-meter building in the Shanghai Expo Park area can meet the office needs of about 2,500
Banks praised for solving SMEs' problems - December 11, 2020
Banks in Shanghai are making great progress in solving the financing difficulties of small and micro enterprises, according to Ma Qiang, executive vice chairman of the Shanghai Banking Association. Since
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