Government News
Shanghai breaks into global top five financial centers - September 17, 2026
Shanghai has climbed one spot to rank fifth globally in the latest Global Financial Centers Index, behind New York, London, Hong Kong and Singapore.
Orienspace sends 9 satellites into orbit for China's Spacesail Constellation - September 16, 2026
Orienspace, a leading private rocket maker in China, conducted the fourth flight of its Gravity 1 carrier rocket on Wednesday morning, sending nine satellites into space.
Tesla brings steering-wheel-free Cybercab to China, but for display only - September 16, 2026
Chinese tech enthusiasts now have a chance to see Tesla's driverless taxi up close. The Cybercab – the electric vehicle that eliminates the steering wheel, pedals and rearview mirrors – will be on display in Beijing and Shanghai this week, marking its China debut.
CIIE is key platform for multinational drugmakers in China, AstraZeneca's country GM says - September 16, 2026
The China International Import Expo, which opens in just under 50 days, has become not only an important window for multinational drugmakers to showcase global innovation achievements, but also a key platform for promoting companies' local investment and development, according to the general manager of AstraZeneca's country arm.
Shanghai encourages insurers to create products covering entire tech innovation chain - September 16, 2026
Shanghai has released a policy document requesting local insurance companies to accelerate the creation of an insurance product service system covering the whole technological innovation chain and increase investment in venture capital, equity, and mergers and acquisitions to safeguard innovative tech firms.
Shanghai targets major global hub for consumption, trade by 2030 - September 16, 2026
Shanghai will further consolidate its position as a global trade center by 2030, outlining a series of targets to enhance its appeal as a global consumption hub through high-standard opening-up, according to officials.
SAIC's Overseas sales top 1 million as global expansion gathers pace - September 15, 2026
SAIC Motor sold 139,000 vehicles overseas in August, up 57.7 percent year on year, maintaining strong growth in international markets.
China’s Grandit jumps on USD164 Million plan to boost domestic high-purity quartz supply - September 15, 2026
Shares in Grandit surged by as much as 6.4 percent on Monday after the Chinese semiconductor electronic materials supplier said its joint-venture acquisition vehicle will invest CNY1.1 billion (USD164 million) to construct a high-purity semiconductor quartz materials factory to meet growing domestic demand for this high-end material.
DMCC sees over 1,000 Chinese firms join Dubai free trade zone in 2025 - September 15, 2026
China is playing a leading role in shaping the future of global trade across diverse sectors, as more Chinese businesses have settled in Dubai for international expansion last year, said a senior executive on Monday during a roadshow in Shanghai.
Meituan just put food delivery in the sky - September 15, 2026
Food delivery in Shanghai has reached new heights.
