Business


Shanghai braces for major tourism industry expo cluster - March 23, 2026

Tourism Plus Shanghai 2026, a major tourism industry expo cluster, will kick off on March 29, spanning three major venues and featuring a combination of lifestyle, technology, coffee and outdoor sports.


Novartis to invest over US$460 million to boost drug production in Beijing, R&D in Shanghai - March 23, 2026

Swiss pharmaceutical giant Novartis said it plans to spend more than 3.3 billion yuan (US$460 million) in China, using around 1.5 billion yuan to enhance innovative drug output at its Beijing factory and the rest to strengthen capabilities at its research and development center in Shanghai's ZhangJiang Hi-Tech Park.


Hongqiao hub marks five years of driving global trade and foreign investment - March 23, 2026

Shanghai's Hongqiao business district is accelerating its transformation into a premier springboard for Chinese companies going global and a magnet for multinational investment, officials said on Monday.


Shanghai expects 13 million rail passengers in spring travel surge - March 22, 2026

As spring arrives and flowers begin to bloom, Shanghai's rail network is set to see a surge in travel, driven by public holidays and school outings. Passenger numbers are expected to reach 13 million, up about 5 percent from a year earlier.


Shanghai's spring 2026 debut season is packed to the brim - March 22, 2026

Shanghai has officially launched its Spring 2026 Debut Season – a citywide program running from March to May, featuring 38 major integrated projects across culture, commerce, tourism, sports and exhibitions.


Unitree moves step closer to becoming first Chinese mainland-listed humanoid robot stock - March 22, 2026

The Shanghai Stock Exchange has officially accepted the IPO (initial public offering) application from Unitree Robotics for the STAR Market, it said on its website.


Hongqiao Hub drives 10% of YRD's GDP at 5-year mark - March 22, 2026

Occupying less than 2 percent of the Yangtze River Delta (YRD) region's land, the Hongqiao International Opening-up Hub generated nearly 10 percent of the region's GDP, officials said at a work conference summarizing the hub's achievements over the past five years.


Shanghai firm's innovative diabetes drug gains approval in HK - March 19, 2026

Shanghai-based Hua Medicine's innovative type 2 diabetes drug, Dorzagliatin, has received approval for marketing from the Drug Office of Hong Kong's Department of Health, making it the first general medicine approved under Hong Kong's new "1+" drug approval mechanism.


Young sci-tech talent drives Shanghai's rise as global innovation hub - March 19, 2026

Recognizing the significance of artificial intelligence in the ongoing global technological transformation, young scientific and technological talents are being called upon to serve as a new driving force for advancing AI-driven scientific innovation and shaping the future of research, according to officials and experts.


AgiBot-backed Qingtianzu secures over USD14.5 million to expand robot rental network - March 19, 2026

Qingtianzu, the robot rental platform backed by Chinese humanoid robot unicorn AgiBot, has completed angel and angel+ funding rounds worth more than CNY100 million (USD14.5 million) in total.


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