Business
Shanghai passes landmark act backing youth employment, housing, and families - May 28, 2026
Shanghai has passed China’s first local act aimed at building a young people-friendly city, introducing measures to support young residents in areas including employment, entrepreneurship, housing, marriage, and child-rearing.
Chinese carmaker SAIC Motor marks 100-million-vehicle milestone - May 28, 2026
SAIC Motor on Thursday became the first Chinese carmaker to surpass 100 million units in cumulative vehicle sales and production, a milestone for the country's auto industry as it expands its global footprint and accelerates a push into electric vehicles.
Shanghai targets 33% jump in service sector added value by 2030 - May 27, 2026
Shanghai aims to raise the added value of its service sector by about 33 percent over the next five years, making the industry a key engine of growth during the 15th Five-Year Plan period through 2030, according to the latest municipal government plan.
China's second homegrown large cruise ship completes maiden sea trial - May 27, 2026
China's second domestically built large cruise ship, the Adora Flora City, returned to port in Shanghai on Wednesday after completing a 12-day maiden sea trial, marking a milestone in the country's push to mass-produce large cruise ships.
China's Alipay launches world's first AI wallet for agentic shopping - May 27, 2026
Alipay, the mobile payment platform of Chinese fintech giant Ant Group, has released the world's first Artificial Intelligence Wallet, enabling users to manage and control purchases made by AI agents.
Lighting giant Signify sees bright future in China, CEO says - May 27, 2026
Empowered by artificial intelligence, Amsterdam-based lighting company Signify is optimistic about the Chinese market, and will keep increasing local research and development investment to build a people-centered efficient intelligent ecology, said its China head.
China key to MSC Air Cargo growth - May 27, 2026
Viewing Shanghai as a strategic cornerstone of its global network, MSC Air Cargo is well positioned to serve its strategy of growing alongside the Chinese market following the establishment of a cargo station in Shanghai and the rapid expansion of its operations in China, said a top executive of the company.
First-time buyers drive recovery in Beijing, Shanghai secondhand housing markets - May 27, 2026
Secondhand homes priced below CNY3 million (USD442,426) accounted for more than 70 percent of all secondhand housing transactions in Beijing and Shanghai as China’s top-tier cities showed signs of recovering market activity this month, driven mainly by first-time homebuyers seeking lower-priced properties.
Shanghai's much-loved 'scruffy dog' stays on - May 26, 2026
One of Shanghai's most viral attractions this spring was a shaggy 5.2-meter West Highland White Terrier topiary.
Jing'an plays a key role as Shanghai emerges as a beauty and cosmetics hub - May 26, 2026
International partnerships, product launches and industry collaboration have helped Shanghai become a global beauty and cosmetics hub.
