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Shanghai’s Pudong New Area, Sino Biopharm set up USD136.8 million biopharma fund - April 24, 2025

Shanghai's Pudong New Area, which has become a biomedical industry cluster, is linking arms with drugmaker Sino Biopharmaceutical to set up a CNY1 billion (USD136.8 million) fund to invest in companies in the sector.

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BMW to integrate DeepSeek AI into China-made cars this year, chairman says - April 24, 2025

BMW Group will start integrating artificial intelligence technology from Chinese startup DeepSeek into several of the German auto giant’s China-built vehicles this year, according to its chairman.

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Shanghai’s first-quarter GDP grows 5.1%, buoyed by strength in flagship, emerging sectors - April 24, 2025

Shanghai's economy expanded at a 5.1 percent clip in the first quarter, driven by robust performances in traditional sectors such as information technology and finance as well as emerging industries such as integrated circuits and artificial intelligence.

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Shanghai’s leaders meet with foreign executives at Auto Show - April 24, 2025

Shanghai’s top government leaders have visited the international auto show now underway in the city to meet with senior executives from foreign vehicle and auto parts makers.

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China’s Fosun Pharma to hike stake in Henlius after failed privatization bid; shares gain - April 23, 2025

Fosun Pharmaceutical Group said the Chinese drugmaker plans to increase its stake in Henlius Biotech after its plan to take the firm private was rejected. Shares of both companies gained.

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Brembo unveils first Asian Inspiration Lab in China - April 23, 2025

Brembo, the global leader in braking solutions, inaugurated its first Asian Inspiration Lab on Monday in Shanghai—its second worldwide following the one in the United States.

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SAIC-GM's Buick launches sub-brand Electra - April 23, 2025

SAIC-GM's Buick marque revealed its new energy sub-brand Electra and introduced the all-new Buick Xiao Yao Super Architecture on Monday evening.

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Huawei upgrades autonomous driving system to L3 for commercial rollout in Shanghai - April 23, 2025

Huawei Technologies announced in Shanghai on Tuesday the commercial readiness of its upgraded autonomous driving system (ADS), now at Level 3, featuring enhanced safety, parking capabilities, and intelligent driving functionalities.

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Mercedes must be in China, says top executive - April 23, 2025

China's top-level innovation dynamism and world-class supplier network make it essential for Mercedes-Benz, said Ola Kaellenius, chairman of the German premium carmaker's board of management, on Tuesday.

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21st Shanghai Auto Show kicks off - April 23, 2025

The 21st Shanghai International Automobile Industry Exhibition has officially opened in the eastern Chinese city on Wednesday and will run until May 2.

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