Government News
European, Chinese legislators hold dialogue in Shanghai - September 04, 2024
In a bid to enhance mutual understanding and cooperation between Europe and China, a dialogue was held during the 2024 Legislators Forum for Friendly Exchanges that commenced in Shanghai on Tuesday.
Shanghai sees growing trade with Africa in Jan-July - September 04, 2024
China's financial hub Shanghai saw its trade with African countries grow 9.4 percent year on year to 218.53 billion yuan (about 30.73 billion U.S. dollars) in the first seven months of 2024, official data showed Tuesday.
Digital nomads find home in Shanghai's International Village - September 03, 2024
As the first batch of 12 digital nomads from home and abroad begin to settle in, the Shanghai Caojing Digital Nomad International Village in the city's suburban Jinshan district opened last Saturday, providing the youths with a laid-back and inspiring atmosphere for work and life.
Shanghai's MiniMax unveils Sora-like text-to-video service - September 03, 2024
Shanghai-based artificial intelligence company MiniMax has launched a free text-to-video service reminiscent of OpenAI's Sora, capitalizing on the burgeoning trend of text-to-video technology. The move positions MiniMax alongside industry giants such as Microsoft, OpenAI and Runway.
China's Yanpu soars after bagging USD379.4 million seat parts order from leading Chinese NEV maker - September 03, 2024
Shares of Yanpu Metal Products surged after the Chinese car seat parts maker said it will receive at least CNY2.7 billion (USD379.4 million) after being named the designated supplier to the new platform project of a leading domestic new energy vehicle maker.
China’s Infinigence AI bags USD70.2 million in series a fundraiser - September 03, 2024
China’s Infinigence AI, co-founded just 16 months ago by a Tsinghua University academic, has secured nearly CNY500 million (USD70.2 million) in a Series A financing round, bringing its total funding to almost CNY1 billion (USD140.4 million).
Two units of China's CSSC to merge in major shipbuilding industry shake-up - September 03, 2024
Two units of China State Shipbuilding Corporation, the country’s largest shipbuilding conglomerate, plan to merge in a share swap deal that is expected to bring radical change to the global industry.
Shanghai issues new livestream economy action plan with USD82.8 billion sales goal by 2026 - September 03, 2024
Shanghai has released a new action plan to enhance the livestream economy in the city, with an ambitious target of reaching CNY600 billion (USD82.8 billion) in livestream e-commerce sales by 2026.
Legislators forum in Shanghai focuses on global partnership for sustainable development - September 03, 2024
Shanghai hosted the 2024 Legislators Forum for Friendly Exchanges, a gathering that brought together over 40 incumbent and former legislators from across the five continents. The forum, which commenced on Tuesday morning, is centered around the theme "Revitalizing the Global Partnership for Sustainable Development" and is being spearheaded by the Chinese People's Association for Friendship with Foreign Countries (CPAFFC).
More heat for basketball fans as Suns in town - September 02, 2024
Last Saturday afternoon, Suns' Bosnian center Jusuf Nurkic, former shooting guard Rex Chapman, former player Cedric Ceballos and the team's general manager James Jones showed up at Shanghai Indoor Stadium for a fan fest with local followers.
