Business


New animation space opens in Shanghai - June 21, 2026

The new Shanghai Animation Space, previously the Shanghai Animation Film Studio (SAFS), began trial operations last Friday.


ByteDance is in talks to buy Iluvatar AI Chips, sources say - June 21, 2026

Chinese internet giant ByteDance is in talks with Iluvatar CoreX Semiconductor to purchase 50,000 artificial intelligence chips, according to industry sources.


LME to launch steel HRC contract using Shanghai Futures Prices in October - June 21, 2026

The London Metal Exchange will list the LME Steel Hot Rolled Coil Shanghai contract in October with a settlement price benchmarked on the Shanghai Futures Exchange's HRC futures, enabling global investors to directly reference and adopt Chinese steel prices for trading, hedging, and price discovery.


Over 300 AI products to make their global debut at WAIC this year - June 21, 2026

More than 300 artificial intelligence products are expected to make their global debut at the upcoming 2026 World AI Conference and High-Level Meeting on Global AI Governance, which will also host a high-level, international top-tier academic conference on AI for the first time.


New innovation hub launched in Shanghai to propel S&T advancements - June 21, 2026

Focusing on future industries, such as quantum computing, brain-inspired intelligence, and brain-computer interfaces, the Future Valley C8 Innovation Hub — jointly developed by Fudan University and Shanghai's Yangpu district — was officially launched last Wednesday.


Shanghai reports consumption jump during shopping festival - June 21, 2026

The 7th Shanghai Double Five Shopping Festival had laid on 21 IP events and more than 100 promotional activities across the city's commercial districts, brand enterprises and e-commerce platforms as of the end of May.


Fourier’s humanoid robots, other smart devices get to work at new Perkeso rehab center in Malaysia - June 17, 2026

Humanoid robots and other intelligent rehabilitation devices developed by China’s Fourier Intelligence have been put into use at the new neuro-robotics and cybernics rehabilitation center of the Social Security Organization, a Malaysian government agency known as Perkeso.


Seeking to be robotic era’s Huaqiangbei, Shanghai’s Zhangjiang Science City unveils new supply chain platforms - June 17, 2026

The Zhangjiang Science City, located in the Shanghai Free Trade Zone, has launched a set of supply chain collaboration platforms for the robotics industry, including one for embodied intelligence, to quickly connect startups with suppliers and hasten the industrialization of this emerging sector.


China to host 2026 World AI Conference in Shanghai in July - June 17, 2026

China will host the 2026 World Artificial Intelligence (AI) Conference and High-Level Meeting on Global AI Governance in Shanghai this July, a Chinese official said Wednesday."


New measures to speed goods and travelers through Shanghai ports - June 17, 2026

Shanghai handles nearly one-fifth of China's foreign trade in value. The Yangshan and Waigaoqiao port complexes are among the world's largest container terminals.


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