Government News
Chinese AI startup MiniMax launches new cross-sector recruitment program for top experts - May 13, 2026
MiniMax has launched its "10x Team" program to recruit top experts from various sectors, mainly economics, finance, life sciences, materials chemistry, and mathematics, with the Chinese artificial intelligence startup offering six-figure monthly pay in Chinese yuan.
Dolby eyes China as key hub for innovation - May 13, 2026
Leveraging its first global flagship experience center — Dolby House Shanghai — Dolby, a global technology major in audio, imaging and voice, said it will deepen its cooperation with partners in China, as the country has become a key innovation hub for the company, said a senior executive.
Shanghai substation powers up Lexus' EV production plans - May 13, 2026
A substation dedicated to serving the power supply of Japanese carmaker Toyota's wholly-owned Lexus electric vehicle plant officially began operations in Shanghai on April 30, paving the way for the plant's mass production, according to State Grid Shanghai Municipal Electric Power Co.
China, APEC to deepen cooperation for global automotive transformation - May 13, 2026
China will step up international cooperation with other APEC economies to promote the electrification and intelligent transformation of the global automotive industry, officials and experts said.
UBS and Morgan Stanley are among foreign banks upbeat on Chinese stocks - May 13, 2026
Foreign financial institutions, including UBS Group and Morgan Stanley, have sounded positive notes on Chinese stocks after mainland equity markets showed stronger-than-expected resilience this year even in the face of war in the Middle East and the repeated knocks sentiment has taken from global trade and tariff disputes.
China’s first aviation sci-fi theme park takes off in Shanghai - May 12, 2026
China’s first aviation science fiction theme park, called the Nantianmen Project’s Shanghai 288 Base, officially got underway on May 11 in Shanghai’s Lingang New Area, marking the launch of a major new future technology and cultural tourism landmark under development in Lingang.
Beijing-Shanghai high speed railway's stock jumps after firm raises published fares by 20% - May 12, 2026
Shares of Beijing-Shanghai High Speed Railway rose after China's most profitable high-speed rail operator increased the published ticket prices for its main high-speed and electric multiple unit trains by 20 percent.
SMIC clears regulatory hurdle for China’s biggest chip foundry acquisition - May 12, 2026
Semiconductor Manufacturing International Corporation, China’s largest contract chipmaker, has received stock exchange approval to proceed with the biggest ever acquisition deal in the country’s wafer foundry industry.
Chipmaking material to reduce China’s reliance on imports - May 12, 2026
Shanghai Artificial Intelligence Laboratory and several research partners have achieved the stable production of krypton fluoride (KrF) photoresist resin, a key material used in chip manufacturing, in a breakthrough that could reduce China’s reliance on imported high-end photoresist.
SH to test new policies for foreign law firms - May 11, 2026
The paperwork used to go to the central government. Now it doesn't. That is, more or less, the entire story of what the State Council approved on April 27: a set of targeted adjustments to the Regulations on Representative Offices of Foreign Law Firms in China, effective immediately in Shanghai, shifting approval authority for certain routine administrative changes from the Ministry of Justice down to the Shanghai Justice Bureau.
