Business


AI couture, 500 brands, free entry: World Design Cities Conference returns to Shanghai this month - September 17, 2026

Shanghai's biggest design event of the year will follow Mid-Autumn Festival. The 2026 World Design Cities Conference (WDCC) is scheduled to take place from September 28 to September 30. The main exhibition will open two days earlier – on September 26 – and will offer free admission to the public.


Hello robotaxi arm raises USD100 million to build 10,000-GPU computing cluster - September 17, 2026

Zaofu Intelligent Technology, the robotaxi arm of Chinese mobility service provider Hello, has raised about USD100 million to strengthen its AI capabilities.


Huawei accelerates Ascend AI chip roadmap as super-node deployments scale up - September 17, 2026

Huawei is accelerating the commercialization of its Ascend AI processors as it expands China-developed AI chips and architecture.


Shanghai breaks into global top five financial centers - September 17, 2026

Shanghai has climbed one spot to rank fifth globally in the latest Global Financial Centers Index, behind New York, London, Hong Kong and Singapore.


Orienspace sends 9 satellites into orbit for China's Spacesail Constellation - September 16, 2026

Orienspace, a leading private rocket maker in China, conducted the fourth flight of its Gravity 1 carrier rocket on Wednesday morning, sending nine satellites into space.


Tesla brings steering-wheel-free Cybercab to China, but for display only - September 16, 2026

Chinese tech enthusiasts now have a chance to see Tesla's driverless taxi up close. The Cybercab – the electric vehicle that eliminates the steering wheel, pedals and rearview mirrors – will be on display in Beijing and Shanghai this week, marking its China debut.


CIIE is key platform for multinational drugmakers in China, AstraZeneca's country GM says - September 16, 2026

The China International Import Expo, which opens in just under 50 days, has become not only an important window for multinational drugmakers to showcase global innovation achievements, but also a key platform for promoting companies' local investment and development, according to the general manager of AstraZeneca's country arm.


Shanghai encourages insurers to create products covering entire tech innovation chain - September 16, 2026

Shanghai has released a policy document requesting local insurance companies to accelerate the creation of an insurance product service system covering the whole technological innovation chain and increase investment in venture capital, equity, and mergers and acquisitions to safeguard innovative tech firms.


Shanghai targets major global hub for consumption, trade by 2030 - September 16, 2026

Shanghai will further consolidate its position as a global trade center by 2030, outlining a series of targets to enhance its appeal as a global consumption hub through high-standard opening-up, according to officials.


SAIC's Overseas sales top 1 million as global expansion gathers pace - September 15, 2026

SAIC Motor sold 139,000 vehicles overseas in August, up 57.7 percent year on year, maintaining strong growth in international markets.


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