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in Brief


Baidu-Geely JV Jidu Auto Opens Shanghai HQ, Targets Annual Output of 800,000 Cars by 2028
August 10, 2022
As Jidu Auto officially opened its new headquarters in Shanghai yesterday, Chief Executive Xia Yiping said the joint venture of Ch

CAAC seeks opinions on C919 exemptions
August 10, 2022
The Civil Aviation Administration of China on Tuesday proposed special conditions and approval exemptions from some airworthiness

15th Pujiang Innovation Forum to Kick Off at End of August
August 10, 2022
Jointly hosted by China’s Ministry of Science and Technology and the Shanghai Municipal People’s Government, the 15th Pujiang Inno

China’s ACM Jumps on Plan to Build USD110.6 Million Chip Washing R&D Complex
August 09, 2022
Shares in ACM Research Shanghai surged as much as 9.6 percent today before receding as investors cashed in after the Chinese devel

Shanghai Electric, Shanghai Pudong Development link arms on rooftop solar projects
August 09, 2022
Two state-owned companies, Shanghai Pudong Development Group and Shanghai Electric Power, have formed a joint venture to build big

China’s Dcenti Soars on USD296 Million Plan to Enter Lithium Battery Recycling Business
August 09, 2022
Shares of Dcenti Auto Parts Stock soared by the daily limit after the Chinese tires and wheels supplier said it plans to expand in

Ping An's Lufax appoints microloan chief as chairman
August 09, 2022
Shanghai Lujiazui International Financial Asset Exchange, also known as Lufax, has selected a co-chief executive officer and head

Xiaomi-Backed Black Sesame raises US$500 million, valuing chipmaker at US$2 billion
August 09, 2022
Black Sesame Technologies, a Xiaomi-backed maker of autonomous driving chips, has completed its Series C and C+ funding rounds in

Overseas enterprises celebrate Shanghai’s ten-year efficiency drive
August 09, 2022
Shanghai’s GDP was 4.32 trillion yuan (US$639 billion) in 2021, the fourth largest in the world. Only New York, Tokyo and Los Ange

Shanghai releases report on development of art museums
August 09, 2022
A total of 950 art exhibitions took place in Shanghai last year and attracted 6.21 million people, according to the first annual r
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