Government News
Shanghai prepares for Spring Festival rush with NEV infrastructure - January 23, 2025
To alleviate parking and charging congestion during the upcoming Spring Festival, the most significant annual celebration in the country, Shanghai has come up with additional photovoltaic power generation facilities, intelligent battery swapping stations and charging robots to prepare for the passenger flow rush.
Distributed PV generation emerges as key contributor to renewable energy efforts - January 23, 2025
As China continues to drive its energy transition, distributed photovoltaic (PV) generation is emerging as a key contributor to the country's renewable energy efforts, said the National Energy Administration (NEA).
China's Lepu soars on USD1.2 billion deal granting ArriVent Global rights to new cancer drug - January 23, 2025
Shares in Lepu Biopharma soared as much as 14.2 percent on Wednesday before receding as investors cashed in after the Chinese drug developer said that it will grant US biopharmaceutical firm ArriVent BioPharma the exclusive license to a pre-clinical experimental antibody-drug conjugate therapy targeting gastrointestinal cancer in all markets excluding China in a deal worth up to USD1.2 billion.
Nvidia CEO Huang chats with R&D team in Shanghai, joins Chinese New Year celebrations - January 23, 2025
Jensen Huang, the chief executive officer of Nvidia, met with the US chip giant’s research and development team in Shanghai and attended Chinese New Year celebrations with the team on Tuesday as part of the final stop of his week-long trip to China.
China's geoharbour wins USD19 Million engineering services contract for Dubai islands project - January 23, 2025
Geoharbour Construction Group, a Chinese geotechnical engineering services provider, said its subsidiary has secured a contract worth around AED70 million (USD19 million) for a Dubai Islands project.
Shanghai sees record high in cross-border RMB settlement - January 23, 2025
Cross-border renminbi settlement realized in Shanghai hit a record high of 29.8 trillion yuan ($4.1 trillion) in 2024, People's Bank of China Shanghai head office said on Wednesday.
First introduced American sci-fi series returns to China via Shanghai's Dragon TV - January 22, 2025
"Man from Atlantis," China's first introduced American sci-fi series, started its re-run last week on Shanghai's Dragon TV, reigniting nostalgia among China's older generation of sci-fi enthusiasts.
Shanghai Int'l Arts Festival opens applications for programs - January 22, 2025
The 24th China Shanghai International Arts Festival has officially begun accepting applications for programs, with the deadline set for March 31, announced by the event organizer during a press conference held on Jan 21.
Bankrupt Shanghai bakery Ichido reopens after three years - January 22, 2025
An iconic Shanghai bakery chain that went out of business three years ago during the Covid-19 pandemic has opened its first new store under new ownership.
China's first humanoid robot training base opens in Shanghai - January 22, 2025
China's first humanoid robot training base started operations in Shanghai on Tuesday. The hub will train robots from different sectors to perform a variety of tasks, and the data generated will be fed back to developers to further optimize robots' intelligence level.
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