Government News
Shanghai directs attention to tech and green innovation - May 23, 2024
The financial sector in Shanghai will direct more attention to technology innovation and green transitioning, which is part of the city's efforts to advance high-quality economic development, Tao Changsheng, deputy director of Shanghai Municipal Financial Regulatory Bureau said during a press conference on Wednesday.
Global logistics giant DHL opens EV center in Shanghai - May 23, 2024
Global logistics giant DHL Group on Wednesday announced that it has established a center of excellence in Shanghai for electric vehicles (EVs) made in China, aiming to provide end-to-end, integrated logistics services for EV products such as batteries, motors and charging infrastructure.
Tesla's "milestone" Shanghai battery factory breaks ground - May 23, 2024
Tesla broke ground on a mega factory in Shanghai on Thursday to manufacture its energy-storage batteries known as Megapacks, a project hailed as a "milestone" by the U.S. carmaker.
Trash collection gets smarter with more service spots - May 22, 2024
Shanghai will add another 300 recyclable trash collection service spots by the end of this year, the city's greenery and public sanitation authorities announced on Tuesday.
IVF technologies to be included in Shanghai's medical insurance - May 22, 2024
To boost childbirth and reduce the financial burden of couples, Shanghai is to include 12 technologies of in vitro fertilization in the government-run medical insurance from June 1, the local government announced on Tuesday.
Shanghai launches new mechanism to boost business environment - May 22, 2024
In a bid to further enhance Shanghai's business environment, a media observer co-construction mechanism was jointly launched on Tuesday by the city's publicity department and the Shanghai Municipal Development and Reform Commission.
Shanghai’s ETF market value jumps 57% to USD12 billion this year - May 22, 2024
The market value of exchange traded funds listed on the Shanghai Stock Exchange jumped 57 percent to CNY85.2 billion (USD11.8 billion) so far this year.
Sentiment upbeat on property market measures - May 22, 2024
Homebuyers in Shanghai and surrounding areas have given a positive reaction over the weekend to the supportive measures unveiled on Friday to stabilize the nation's property market, market insiders said.
Shanghai tech companies essential to economic development - May 22, 2024
Technology innovation has been one major highlight of Shanghai's high-quality economic development, embracing approximately 370 newly registered technology companies every day in 2023, according to local officials.
Chinese fighter wins UFC contract through Road To UFC - May 21, 2024
The Road To UFC held its opening round of third season competitions in Shanghai at the UFC Performance Institute over the weekend.
