Business
Shanghai gears up to sharpen BCI edge - July 15, 2026
Concerted efforts made by companies, incubators, hospitals and the local government have been translated into the accelerated development of the brain-computer interface industry in Shanghai, said experts. Neuro Space, a BCI industry cluster in southwestern Shanghai, is the city's major step in tapping into the future-oriented industry.
Converse positions China as its global innovation hub - July 12, 2026
China has become a central proving ground for Converse's global repositioning strategy, with the company increasingly relying on the market not only to drive sales but also to shape product development, retail concepts and brand expression worldwide.
MiniMax sinks for second day as Chinese AI firm sets out USD2 billion fundraising plan - July 12, 2026
MiniMax Group’s shares tumbled for a second day in a row after the Chinese artificial intelligence startup unveiled plans to raise HKD16 billion (USD2 billion) by selling new shares and convertible bonds and the initial lock-up period following its January stock market listing expired.
Shanghai ranks second among shipping centers - July 12, 2026
Shanghai has ranked second among leading international shipping centers, according to a report released last Friday.
China's StepFun to launch AI agent smartphone as AI race moves to devices - July 09, 2026
Shanghai Jieyue Xingchen Intelligent Technology is preparing to launch its first artificial intelligence agent mobile phone, Yicai learned from sources in the smartphone supply chain. The Chinese larg
'Shanghai took the lead': Lightelligence founder bets on optical computing for AI era - July 09, 2026
Silicon photonic chips will account for more than 30 percent of chips in computing centers within five years, up from less than 3 percent at present, according to Shen Yichen, founder of Shanghai-based optical computing firm Lightelligence.
Yangtze 3 debuts Chongqing-Shanghai cruise route - July 09, 2026
A premium inland cruise route connecting Chongqing and Shanghai, operated by China Yangtze Shipping Group's flagship vessel Yangtze 3, was officially launched on Wednesday, marking the first Yangtze River cruise service to call at Shanghai Wusongkou International Cruise Terminal.
MetaX scales production to meet rising AI chip demand - July 09, 2026
Chinese GPU maker MetaX Integrated Circuits is racing to scale production as "domestic AI computing demand far exceeds supply", with customer orders already stretching well into next year, said the company's co-founder and chief technology officer Peng Li.
Shanghai exploring new certification model to help exporters and companies going overseas - July 09, 2026
Shanghai is exploring a new certification model that could allow test results or certificates to be recognized across multiple markets, reducing compliance costs for exporters and making it easier for companies to enter overseas markets.
Chinese kitchen appliance maker Aishida bets on robotics through AgiBot alliance - July 08, 2026
Aishida has partnered with humanoid robot startup AgiBot to accelerate its robotics business, its second core business after kitchen appliances.
