Business
US elevator maker Otis is latest foreign firm to launch training program for Chinese workers - March 25, 2026
US elevator manufacturer Otis Worldwide has unveiled a vocational training program for workers in China, following in the footsteps of other overseas companies, such as Tesla.
Hudong-Zhonghua sees high-end shipbuilding as growth anchor - March 25, 2026
Hudong-Zhonghua Shipbuilding (Group) Co Ltd, boasting the largest amount of liquefied natural gas carrier orders in terms of capacity among global shipyards, seeks to further consolidate its strength through doubling capacity and stable growth during the 15th Five-Year Plan (2026-30) period.
Shanghai’s pre-owned home sales may top 30,000 in March for first time in five years - March 25, 2026
Shanghai's second-hand housing market has recovered further this month, with sales on track to top 30,000 for the first time in five years.
China welcomes South Korean delegations researching self-driving tech, AI - March 24, 2026
The government of South Korea has dispatched separate delegations to Beijing and Shanghai to learn about the latest developments in autonomous driving technology and artificial intelligence in China, while also exploring potential cooperation opportunities.
Alibaba unveils its new CPU chip Xuantie C950 - March 24, 2026
Alibaba introduced the Xuantie C950, its next-generation CPU, in Shanghai on Tuesday. It supports cloud computing, generative AI, high-end robotics, and edge computing at industry-leading levels.
Chinese AI models surpass US peers by global usage for third straight week - March 24, 2026
Among the top nine models by global usage volume last week, five were Chinese, OpenRouter’s leaderboard showed on March 23. The top four were Xiaomi Group’s MiMo-V2-Pro, Step 3.5 Flash from Shanghai Jieyue Xingchen Intelligent Technology, M2.5 from MiniMax, and DeepSeek’s V3.2. Z.ai’s GLM5 Turbo took the sixth spot.
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.
