Government News
China to lead way in clean energy shipbuilding - February 21, 2024
A Chinese company has received an order from a Belgian ship owner to build the world's first ammonia-powered container ship, marking a new breakthrough for the country's shipbuilding industry in clean energy-powered maritime delivery, according to the China State Shipbuilding Corp, or CSSC.
Range of events planned during Shanghai Investment Promotion Season - February 21, 2024
The 2024 Shanghai Investment Promotion Season will be held from February to June this year, aiming at attracting overseas investment and showcasing the favorable business environment in Shanghai.
Lenders drop mortgage rates in Shanghai after LPR cut - February 21, 2024
The Shanghai branches of several commercial banks lowered their mortgage rates on the same day China’s central bank cut its long-term loan prime rate, the benchmark to which mortgages, corporate loans, and fixed asset investments are anchored.
Shanghai to subsidize interest rates of loans for new infrastructure projects, official says - February 21, 2024
Shanghai will soon introduce a new policy to subsidize the interest rates of loans for new infrastructure projects, according to the deputy director of the local branch of the National Development and Reform Commission.
Third round of world team competition for Go kicks off in Shanghai - February 20, 2024
The third round of the 25th Nongshim Cup championship, a world team competition between Go players from China, Japan and South Korea, kicked off on Feb 19 in Shanghai.
Shanghai to build two Sino-foreign universities - February 20, 2024
Shanghai will press ahead with the construction of two Sino-foreign joint venture universities this year, according to the annual task plan of the Shanghai Education Commission.
Gradation certificate at provincial level issued - February 20, 2024
After receiving clearance from China's top market watchdog, Shanghai's market regulators became the first in the country to be permitted to give the certificate following evaluation at the provincial level. The Pudong New Area and Fengxian District are testing the procedure.
Jing'an set for host of urban renewal projects this year - February 20, 2024
A number of urban renewal projects are to be launched in downtown Jing'an this year, according to a district government conference on Monday.
China Eastern Airlines soars to new passenger records - February 20, 2024
China Eastern Airlines carried out 24,800 flights and served more than 3.56 million passengers over the eight-day Spring Festival holiday, according to the Shanghai-based carrier.
Shanghai handles over 9m passenger trips during holiday - February 20, 2024
Shanghai handled about 9.27 million passenger trips during the past Spring Festival holiday, up 62 percent year-on-year, according to official sources.
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