Business


Shanghai launches electronic label pilot program for imported cosmetics - May 20, 2026

Imported cosmetic products are set to have electronic labels that will make it easier for both users and government supervision, thanks to a pilot program launched in the Pudong New Area, Shanghai Customs announced on Tuesday.


Second senior officials' meeting of APEC China 2026 held in Shanghai - May 19, 2026

The Second Senior Officials' Meeting (SOM2) of APEC China 2026 was held in Shanghai from Monday to Tuesday.


SIAL Shanghai serves up global food trends - May 19, 2026

The 2026 SIAL Shanghai opened on May 18, bringing together more than 5,000 exhibitors from 75 countries and regions to showcase the latest trends, products and innovations in the global food and beverage industry.


Chinese exoskeleton startup Hypershell bags USD50 million in new round led by Ant, Meituan - May 19, 2026

Hypershell, a Chinese manufacturer of wearable robotic external skeletons that support human movement, has secured USD50 million in its latest funding round, led by Chinese fintech giant Ant Group and Meituan Dragonball, the industrial investment fund of on-demand services giant Meituan.


Shanghai Museum pass to push city's record visitor numbers higher - May 19, 2026

To mark the International Museum Day, the Shanghai Museum Pass, a special edition of Shanghai Pass tourism card, was launched under the auspices of the Municipal Administration of Culture and Tourism and Jiushi Group Urban Tourism Card Company.


New home prices rise or hold steady in 21 major Chinese cities in April, five more than in March - May 19, 2026

The number of major Chinese cities where new-build house prices increased or stayed the same last month rose to 21 from 16 the month before, according to new figures from the National Bureau of Statistics.


Yangtze River Delta region comes together to co-develop key industries, supply chains - May 19, 2026

Government agencies from Shanghai and the provinces of Anhui, Jiangsu, and Zhejiang have agreed to jointly strengthen and reinforce key industries and supply chains within the Yangtze River Delta region to promote the co-development of multiple key sectors and establish a complete and risk-resilient supply chain.


Shanghai boosts AI corporate development with additional funds - May 18, 2026

Shanghai will add another 1 billion yuan (US$146 million) annually in the next five years to facilitate corporate development in artificial intelligence, Tang Wenkan, director of the Shanghai Commission of Economy and Informatization, told a media briefing on Monday.


Chinese telecom carriers turn AI tokens into mobile-style plans in race for users - May 18, 2026

Chinese telecom operators are packaging artificial intelligence usage into subscription plans, turning "tokens" — the basic unit consumed by large AI models — into the industry's newest billing metric as carriers race to monetize the country's AI boom.


Shanghai bets on rail and data to bind Yangtze River Delta closer together - May 18, 2026

From cross-provincial commuter railways to shared autonomous-driving data, Shanghai is pushing to turn the Yangtze River Delta into a more seamless economic region, as officials prepare the next phase of China's regional integration drive.


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