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Shanghai aims for data industry to reach USD69 billion by 2025 - August 17, 2023

Shanghai, which is going through a digital transition, plans to boost its data industry to CNY500 billion (USD69 billion) by 2025.


China gives go-ahead to seven centers to widen reinsurance market - August 17, 2023

China has given the green light to the opening of seven centers for reinsurance in Shanghai ahead of others as the eastern city accelerates its moves to become a national hub of insurance for insurers.


New measures to attract MNCs to Hongqiao - August 17, 2023

The National Development and Reform Commission, China's economic planner, released 24 new measures on Wednesday that will help the Hongqiao International Opening-up Hub attract more multinational companies' regional headquarters, strengthen ties with neighboring cities to help advance the integrated development of the Yangtze River Delta region and further facilitate international trade.


STPH to make literary classics more accessible - August 16, 2023

Shanghai Translation Publishing House (STPH) on August 15 announced a plan to make literary classics more accessible and engaging for students.


Sinan Mansions creates literary buzz at book fair - August 16, 2023

Sinan Book Club, one of Shanghai's largest book clubs in the well-known Sinan Mansions cultural spot, made its first appearance at the Shanghai Book Fair on Wednesday, with exhibitions and international reading events.


Chinese universities excel in global rankings - August 16, 2023

The 2023 Academic Ranking of World Universities (ARWU) was released on Tuesday by Shanghai Ranking Consultancy. This year marks the first time that universities from the Chinese mainland dominate the list, with 191 institutions entering the top 1,000, surpassing universities from the United States with 187 appearances.


Volvo to be first company in China to import remanufactured engine - August 16, 2023

The remanufactured engine to be imported by Volvo Construction Equipment (China) will arrive in the country in late September, Chen Chaoping, the company's head of uptime and parts said in a media interview on Thursday.


Shanghai's imports, exports grow - August 16, 2023

The total value of Shanghai import and export in the first seven months of this year was 2.45 trillion yuan ($335.8 billion), an increase of 7.4 percent compared with the same period last year, according to statistics from Shanghai Customs on Wednesday.


Eco-friendly Art Festival marks first National Ecology Day - August 15, 2023

An art festival themed on ecology and environmental protection kicked off on Tuesday in Xuhui District, marking the first National Ecology Day on August 15.


Lidar maker Hesai reports record revenue, shipments in Q2 - August 15, 2023

Hesai Technology, a Shanghai-based lidar company, saw its revenue and shipments hitting records in the second quarter, thanks to growing demand for advanced driving-assist systems.


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