Business


Shanghai factory powers robust Q1 for Tesla - April 26, 2026

Tesla reported a 16 percent year-on-year revenue growth in the first quarter, driven by robust performance at its Shanghai Gigafactory and expanding infrastructure in China, while gearing up for the highly anticipated debut of its third-generation humanoid robot in mid-2026.


Shanghai tops nation for per capita disposable income - April 26, 2026

Shanghai reported the highest per capita disposable income nationwide in the first quarter this year at 26,689 yuan (US$3,912), followed by the capital Beijing, data from China's National Bureau of Statistics showed.


Shanghai to launch citywide international coffee festival - April 26, 2026

The 6th Shanghai International Coffee Culture Festival is set to begin on April 30, with its opening ceremony to be held at the North Bund water stage in Hongkou district, bringing a citywide coffee-themed gala to residents and tourists throughout the May Day holiday.


City boosts consumption incentives for Double Five Shopping Festival - April 26, 2026

Shanghai will further upgrade the shopping environment and step up consumption incentives during the upcoming Double Five Shopping Festival, which will be unveiled on April 30, city officials told a press briefing last Friday.


Envision envisions 'skyrocketing' growth in near term - April 23, 2026

Driven by mounting global energy security concerns and the accelerated expansion of renewable energy, Envision Group is witnessing a meteoric rise in its energy storage orders across Europe, with the company's senior leadership forecasting sustained "skyrocketing" growth for the foreseeable future.


Covestro deepens China partnerships in robotics, flying cars at CHINAPLAS 2026 - April 23, 2026

German chemical manufacturer Covestro AG is forming alliances with Chinese partners in emerging fields such as robotics and flying cars, as China's ascent on the industrial value chain boosts demand for next-generation advanced materials.


China CSSC rises after securing USD1.2 billion order for 12 container ships - April 23, 2026

Shares in the listed arm of China State Shipbuilding Corporation jumped after the country's largest shipbuilding conglomerate said it had received an order for a dozen 9,200 twenty-foot equivalent unit container ships worth about CNY9 billion (USD1.2 billion).


China’s first tunnel REIT gets listed in Shanghai - April 23, 2026

China's first real estate investment trust to have a tunnel as its underlying asset has been listed on the Shanghai Stock Exchange, broadening the range of assets in the REITs market while providing infrastructure firms with a more flexible financing channel.


China opens Shanghai nickel futures, options to foreign investors - April 23, 2026

The Shanghai Futures Exchange has opened nickel futures and options to overseas traders and qualified foreign investors, making them the first futures and options listed on the exchange opened to global markets.


Shanghai GDP grows 5.9% in Q1, fastest pace in 7 years - April 22, 2026

Shanghai's economy grew at its fastest pace in seven years in the first quarter this year, thanks to strong performance in the manufacturing, finance, trade and high-tech industries.


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