Government News
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.
Shanghai's spring 2026 debut season is packed to the brim - March 22, 2026
Shanghai has officially launched its Spring 2026 Debut Season – a citywide program running from March to May, featuring 38 major integrated projects across culture, commerce, tourism, sports and exhibitions.
Unitree moves step closer to becoming first Chinese mainland-listed humanoid robot stock - March 22, 2026
The Shanghai Stock Exchange has officially accepted the IPO (initial public offering) application from Unitree Robotics for the STAR Market, it said on its website.
Hongqiao Hub drives 10% of YRD's GDP at 5-year mark - March 22, 2026
Occupying less than 2 percent of the Yangtze River Delta (YRD) region's land, the Hongqiao International Opening-up Hub generated nearly 10 percent of the region's GDP, officials said at a work conference summarizing the hub's achievements over the past five years.
Shanghai firm's innovative diabetes drug gains approval in HK - March 19, 2026
Shanghai-based Hua Medicine's innovative type 2 diabetes drug, Dorzagliatin, has received approval for marketing from the Drug Office of Hong Kong's Department of Health, making it the first general medicine approved under Hong Kong's new "1+" drug approval mechanism.
