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City's museums proving more popular - January 19, 2018

Local museums proved more popular with locals and tourists in 2017, especially sites where the earliest Communist Party of China (CPC) congresses were held. About 22 million visitors visited the city's


City's smallest island to get 3 times bigger - January 18, 2018

Hengsha, the smallest of Shanghai's three islands, will become three times its current 52 square kilometers by 2020 thanks to a series of reclamation projects. The dyke building and land expansion is


Foreign banks in Shanghai see sound development in 2017 - January 18, 2018

The assets of foreign banks in the city saw year-on-year growth of 13 percent in 2017, while their bad loan ratio stood lower than the average level of Shanghai's banking sector, the local regulator said


Shanghai appoints former head of stock exchange Wu Qing as vice mayor - January 17, 2018

Wu Qing, 52, former director of Hongkou District and chairman of the Shanghai Stock Exchange, was appointed as vice mayor of Shanghai yesterday afternoon at a meeting of the Standing Committee of Shanghai


Enjoy Shanghai Metro with a smartphone - January 17, 2018

Chinese passengers will be able to use their smartphones to pay for Metro journeys from Saturday. However, foreign passengers will have to wait another couple of months, the city’s Metro operator said


Hengsha island connected to Shanghai water supply system - January 16, 2018

Residents in Hengsha Island, Chongming District, can now enjoy better quality water from city's largest water source Qingcaosha Reservoir after newly-built pump stations connecting the island with the


Shanghai's 'biggest cultural relics discovery' excites historians - January 16, 2018

Two historic stone pillars have been discovered in downtown, which could be part of a freestanding gateway built some 300 years ago in memory of Xu Guangqi, a Ming Dynasty (1368-1644) scientist and official


Shanghai commits to enhancing its financial services - January 15, 2018

Shanghai will see tightened regulation on its financial sector this year and take more measures to improve its business environment for financial institutions, according to local regulators. The city


Shanghai financial market turnover rises in 2017 - January 15, 2018

Shanghai's financial market grew in 2017 with the overall transactions hitting 1.4 quadrillion yuan (US$220 trillion), more than 17 percent of the municipality's GDP. Shanghai has a total of 1,537 registered


Chongming announces new policies to attract top talent - January 11, 2018

Top talents can receive up to 1 million yuan (US$154,000) in subsidies if they join Chongming District’s efforts to build a world-class ecological island, according to the latest talent attraction policies


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