Government News
CICC, CGS shares rise on likely merger talk - August 04, 2024
Shares of China International Capital Corp (CICC) and China Galaxy Securities (CGS) rose for a second consecutive session last Thursday following reports that the two companies — which share one major shareholder — are set to merge.
Shanghai’s Pudong launches USD5.5 billion innovation loan scheme - August 04, 2024
Shanghai’s Pudong New Area is rolling out a new financial service mechanism, called Innovation Loans, that links venture capital, banks and businesses, and will provide over CNY40 billion (USD5.5 bill
Exhibition in Shanghai retraces history of New China - August 01, 2024
A new exhibition featuring the Chinese revolution and national achievements in the construction of the country opened at the Long Museum in Shanghai on July 26, celebrating the 75th anniversary of the founding of the People's Republic of China.
Shanghai cooks up a summer treat to spur dining spending - August 01, 2024
The "Savor Shanghai: Exquisite Haipai Food Festival" kicked off on Tuesday night, offering various discounts, combo packages with tourist tickets, and leisure activities to encourage dining spending.
Two new programs bolster Shanghai summer festivities - August 01, 2024
The merging of shopping, sports, and leisure activities is crucial, as the city's latest consumption-driven efforts are in full swing for the "Shanghai Summer" campaign. The city's "Quality Consumption Festival" and "Urban Sports Season" both began on Thursday, providing a fresh boost to summer consumption and leisure expenditures.
Germany’s Hauck Aufhäuser is seventh foreign firm to apply to become China’s QFI in July - August 01, 2024
German private banking solutions provider Hauck Aufhäuser Lampe Privatbank has become the seventh overseas entity to submit a qualified foreign investor application to the Chinese securities watchdog.
Inbound foreign visitors to Shanghai surge by 191.5% in H1 - August 01, 2024
More than 2.2 million inbound foreign visitors came to Shanghai in the first half of 2024, up 191.5 percent year-on-year, according to the Shanghai Municipal Bureau of Statistics.
Shanghai plans low-altitude inter-provincial navigable cities - August 01, 2024
Shanghai will team up with the rest of the Yangtze River Delta region to build the first batch of low-altitude inter-provincial navigable cities in the country, according to an action plan released on Tuesday.
Shanghai to host inaugural intl cruise festival - August 01, 2024
As one of the major events during the Shanghai Summer International Consumption Season, the inaugural Shanghai International Cruise Festival will kick off on Friday, marking a new phase for the city's rapidly growing cruise economy, according to local officials on Wednesday.
Shanghai Tourism Festival launches citywalk vlog contest for university students - July 31, 2024
What kind of city is Shanghai in the eyes of Generation Z (born between 1997 and 2012)? How many cool ways are there to enjoy summer in Shanghai? As a highlight activity of the 2024 Shanghai Tourism Festival, a citywalk vlog competition targeting the city's university students was launched recently.
