Business


Shanghai trade with ASEAN tops EU for the first time - June 28, 2026

The Association of Southeast Asian Nations became Shanghai’s largest trading partner for the first time in May after the city’s trade with the regional bloc narrowly surpassed that with the European Union, underscoring the continued shift in China’s trade toward Southeast Asia.


Shentong Technology to invest 700 million yuan in Shanghai auto parts project - June 25, 2026

Shentong Technology said on June 23 that it plans to invest 700 million yuan in an intelligent manufacturing project for automotive components in Shanghai's Lingang New Area.


China's biggest chip packaging firm JCET soars on USD1.2 billion expansion - June 25, 2026

JCET Group shares surged to the daily trading limit after the Chinese chip packaging and testing giant unveiled plans to invest CNY7.8 billion (USD1.2 billion) in a new semiconductor packaging and testing plant in Shanghai to expand its advanced packaging capacity and meet growing customer demand.


From space chips to robot football: inside the wildest tech debuted at MWC Shanghai 2026 - June 25, 2026

The 2026 Mobile World Congress (MWC) Shanghai opened on June 24, showcasing a new wave of mobile innovation that spans direct satellite-to-smartphone connectivity, humanoid robots competing in a footb


China to have over 1.7 billion 5G connections by 2030 - June 24, 2026

China currently accounts for more than 40 percent of global 5G connections, and its 5G connections are expected to exceed 1.7 billion by 2030, according to an industry report released on Tuesday while Mobile World Congress (MWC) Shanghai is ready to open.


Deeper cross-regional synergy pledged to boost development of Yangtze Delta innovation center - June 24, 2026

Shanghai and the neighboring provinces of Jiangsu, Zhejiang and Anhui will deepen regional cooperation to support the development of the Yangtze River Delta international innovation center.


Shanghai Airport Group signs cooperation MOU with Korea Airports Corporation - June 24, 2026

Shanghai Airport Group signed a memorandum of understanding with the Korea Airports Corporation in Shanghai on June 23 to deepen cooperation in areas including route development, passenger services, tourism promotion and airport operations.


China Eastern debuts first all-cargo flight between Shanghai and London - June 24, 2026

The first all-cargo flight between Shanghai and London operated by Eastern Air Logistics Co, the freight unit under parent company China Eastern Air Holding, debuted on Tuesday, carrying 96.3 tons of cargo from the Shanghai Pudong International Airport to London Stansted Airport, according to the Shanghai-based carrier.


Shanghai rolls out measures to attract high-level biopharma investment - June 24, 2026

Shanghai has introduced a package of measures aimed at supporting high-level projects by foreign-invested biopharmaceutical companies, according to a joint policy document recently released by several municipal authorities.


Chinese AI startup Deemos raises new funds for Hyper3D Rodin’s global rollout - June 23, 2026

Deemos Technology, a Chinese firm specializing in artificial intelligence-powered three-dimensional model generators, has raised hundreds of millions of Chinese yuan in its latest funding round, with the proceeds set to expedite the worldwide commercialization of its flagship product, Hyper3D Rodin.


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