Business


Midnight campouts and skyrocketing sales: Shanghai’s retail engine roars to life - June 01, 2026

Shanghai’s iconic Nanjing Road pedestrian street witnessed extraordinary scenes as hundreds of enthusiastic shoppers queued overnight for massive promotional discounts during the city’s annual "May 5th Shopping Festival." Driven by a strong desire to spend, eager citizens and tourists camped out for hours ahead of opening time to secure high-value shopping vouchers.


Rockit apples to blossom in China - May 31, 2026

China has become Rockit's largest global market, accounting for more than half of the brand's total revenue, Grant McBeath, global CEO of New Zealand's miniature apple brand Rockit, told China Daily in an exclusive interview.


Lujiazui coffee festival debuts East-West fusion in Shanghai - May 31, 2026

The special spring edition of the 11th Lujiazui Coffee Culture Festival kicked off last Friday at Lujiazui Central Green, bringing together over 150 brands in the heart of Shanghai's financial district.


CIIE exhibit turns into commodity as first Belarusian ice cream store opens - May 31, 2026

A Belarusian dairy giant launched its first retail outlet in Shanghai last Thursday, marking the latest China International Import Expo exhibit to hit China's commercial market.


AID 2026 builds global platform for silver economy exchanges - May 31, 2026

The International Exhibition of Senior Care, Rehabilitation Medicine, and Healthcare Shanghai 2026, also known as AID 2026, will take place at the Shanghai New International Expo Center from June 4 to 6.


Lingang economic development sets up investment unit to bolster hard tech industrial ecosystem - May 31, 2026

Industrial park operator Lingang Economic Development Group has established Lingang Innovation Investment & Development to develop the hard tech industrial ecosystem and improve relevant investment in Lingang Special Area, a key testing ground for economic and trade policies within the Shanghai Free Trade Zone.


Global tourism firms flock to top travel show in Shanghai - May 28, 2026

ITB China 2026, one of the world's top travel shows, opened in Shanghai on May 27, drawing global tourism firms seeking wider access to China's travel market as inbound tourism rebounds.


Chipmaker CXMT is cleared for Chinese Mainland's biggest IPO in four years - May 28, 2026

Chengxin Memory Technology has won the Shanghai Stock Exchange's approval for its initial public offering, setting up China’s leading producer of dynamic random-access memory chips for what will be th


RedNote inks deal to stream 2026 FIFA World Cup in bid to widen appeal to men - May 28, 2026

RedNote, the Chinese-owned lifestyle app favored by affluent young women, has struck a deal to stream the 2026 FIFA World Cup in a move seen as intended to broaden its appeal to more men and lift its daily active user count.


New policies boost AI-powered short-drama industry - May 28, 2026

Shanghai has announced new policies to boost the AI-powered short-drama industry, making Xuhui District one of its core AI+ short-drama clusters.


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