Business


Shanghai’s pre-owned home sales hit five-year October high - November 02, 2026

Shanghai recorded its highest October second-hand home sales since 2021, with 24,653 pre-owned houses sold, up 33 percent year on year, supported by new real estate policies.


CIIE sets stage for frontier technology - November 02, 2026

The ninth China International Import Expo in Shanghai will host 4,142 overseas exhibitors and feature more than 480 global, Asian or China debuts, organizers said.


Shanghai's AgiBot claims over 43 percent global market share, outpaces rivals in H1 revenue - November 01, 2026

Shanghai-based AgiBot shipped 9,700 robots in the first half of 2026, claiming over 43 percent of the global market share and nearly 2 billion yuan in revenue.


China looks skyward to a future of satellite internet, data center technology - November 01, 2026

At a Shanghai conference, Chinese industry leaders and scientists outlined plans to expand satellite internet, reusable rockets and space-based data centers toward large-scale commercial operation.


Iluvatar CoreX's new GPU matches Nvidia H200 in inference tests - November 01, 2026

Shanghai-based Iluvatar Corex demonstrated its Tiangai 300 GPU, which slightly surpassed Nvidia's H200 in AI inference throughput and multimodal workloads during media-attended tests.


Global Data Ecosystem Conference in Shanghai hears about int’l digital cooperation, data-AI integration - November 01, 2026

The Global Data Ecosystem Conference 2026 main forum opened in Shanghai, highlighting international digital cooperation and data-AI integration and unveiling new data initiatives.


Global healthcare firms to showcase new drugs, AI scanners at CIIE - November 01, 2026

Global drugmakers and device makers will present new medicines, AI diagnostic tools and surgical systems at the ninth CIIE in Shanghai from Nov. 5, highlighting local manufacturing.


Shanghai draft taxi law opens the door to self-driving cabs - October 29, 2026

Shanghai has opened a draft taxi regulation for public comment that would give self-driving taxis a legal place and ban ride-hailing platforms from using algorithms to charge different prices.


Shanghai launches pilot cross-border reinsurance tool allowing assumed premiums to be allocated to overseas assets - October 29, 2026

Shanghai launched a cross-border reinsurance pilot allowing selected insurers to invest income from such business overseas without outbound quota limits, with a USD1 billion quota.


2026 Hongqiao Hub Conference unveils its theme - October 29, 2026

The 2026 Hongqiao HUB Conference will be held in Shanghai on Nov 6, focusing on how Hongqiao can help Chinese businesses expand overseas.


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