Business
Airbus lands fifth big Chinese order in four months - March 26, 2026
After winning four large orders with Chinese carriers last December, Airbus has now secured a major deal with state-owned China Eastern Airlines for planes with a combined sticker price of USD15.8 billion.
UK's GSK allies with Shanghai Pharma to bring hepatitis B jab back to China - March 26, 2026
GlaxoSmithKline has joined hands with Shanghai Pharmaceutical to reintroduce the UK pharmaceutical giant's hepatitis B vaccine to the Chinese market after nearly four years.
Foreign firms in Shanghai transform from sales hubs to innovation engines - March 26, 2026
A growing number of international companies in Shanghai are fast-tracking their transformation, moving beyond their traditional roles as management, sales and service centers to become innovation as well as research and development hubs. Their aim is to build a full chain linking local innovation, commercialization, corporate upgrading and industrial advancement.
Shanghai maritime proposal gains IMO approval - March 25, 2026
A proposal developed by Yangshan Port Maritime Safety Administration, under the guidance of the Shanghai Maritime Safety Administration, was approved at the 12th session of the International Maritime Organization's Sub-Committee on Ship Systems and Equipment recently held in London.
US elevator maker Otis is latest foreign firm to launch training program for Chinese workers - March 25, 2026
US elevator manufacturer Otis Worldwide has unveiled a vocational training program for workers in China, following in the footsteps of other overseas companies, such as Tesla.
Hudong-Zhonghua sees high-end shipbuilding as growth anchor - March 25, 2026
Hudong-Zhonghua Shipbuilding (Group) Co Ltd, boasting the largest amount of liquefied natural gas carrier orders in terms of capacity among global shipyards, seeks to further consolidate its strength through doubling capacity and stable growth during the 15th Five-Year Plan (2026-30) period.
Shanghai’s pre-owned home sales may top 30,000 in March for first time in five years - March 25, 2026
Shanghai's second-hand housing market has recovered further this month, with sales on track to top 30,000 for the first time in five years.
China welcomes South Korean delegations researching self-driving tech, AI - March 24, 2026
The government of South Korea has dispatched separate delegations to Beijing and Shanghai to learn about the latest developments in autonomous driving technology and artificial intelligence in China, while also exploring potential cooperation opportunities.
Alibaba unveils its new CPU chip Xuantie C950 - March 24, 2026
Alibaba introduced the Xuantie C950, its next-generation CPU, in Shanghai on Tuesday. It supports cloud computing, generative AI, high-end robotics, and edge computing at industry-leading levels.
Chinese AI models surpass US peers by global usage for third straight week - March 24, 2026
Among the top nine models by global usage volume last week, five were Chinese, OpenRouter’s leaderboard showed on March 23. The top four were Xiaomi Group’s MiMo-V2-Pro, Step 3.5 Flash from Shanghai Jieyue Xingchen Intelligent Technology, M2.5 from MiniMax, and DeepSeek’s V3.2. Z.ai’s GLM5 Turbo took the sixth spot.
