Government News
China launches Earth observation satellite - August 21, 2023
China launched a remote-sensing satellite early on Monday morning for Earth observation, according to China Aerospace Science and Technology Corp, the nation's leading space contractor.
Balance of loans in Shanghai up 7.6 pct at end of July - August 21, 2023
The balance of loans in Shanghai, including all currencies, stood at 10.88 trillion yuan (1.51 trillion U.S. dollars) at the end of July 2023, up 7.6 percent year on year, official data showed.
Legoland eyes theme park visitors - August 20, 2023
The key design of a theme park at Legoland Shanghai Resort has been completed and construction of the main project will begin in September, local government authorities said last week.
Luxury retail company The Bicester Collection reports strong growth - August 20, 2023
One-stop luxury shopping destination developer The Bicester Collection has maintained growth momentum in China.
Taipei mayor to visit Shanghai for city forum - August 20, 2023
Taipei mayor Chiang Wan-an will lead a delegation on a visit to Shanghai from Aug. 29 to 31 for an annual city forum, the Taipei city government announced Friday.
Shanghai Lujiazui Financial City Authority opens new office in Saudi Arabia - August 20, 2023
Marking a significant milestone in Sino-Arab financial cooperation, Shanghai Lujiazui Financial City Authority, or SLFCA, has established its first office in the Middle East.
Freight futures to help shipping firms - August 20, 2023
The Containerized Freight Index (Europe Service) futures contract, which started trading on the Shanghai International Energy Exchange on Friday, is part of the innovative attempts by the Chinese capital market to help shipping companies manage their risks better and boost China's influence in pricing in international transportation services, officials and industry insiders said on Friday.
Shanghai aims to be top-notch cruise hub - August 20, 2023
Shanghai will build itself into a world-class cruise hub by 2035 and aim to draw in 3 million cruise tourists annually by 2025, according to the Shanghai Action Plan for Promoting the High-quality Development of the International Cruise Economy (2023-25) released by the city government on Friday.
Shanghai ports export over 1 mln automobiles in January-July - August 20, 2023
Shanghai ports exported 1.02 million vehicles in the first seven months of 2023, up 54.8 percent over the same period last year, local customs said Friday.
Shanghai sees foreign trade growth in Jan.-July - August 20, 2023
Shanghai's imports and exports reached 2.45 trillion yuan (about 340 billion U.S. dollars) in the first seven months of this year, up 7.4 percent year on year, local customs said Wednesday.
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