Government News
China Eastern Airlines adds Shanghai to Tbilisi flights - April 29, 2026
Direct flights linking East China's Shanghai and Tbilisi, the capital city of Georgia, are scheduled to begin service on July 15 by China Eastern Airlines, becoming the first route operated by the Shanghai-based carrier between China and Georgia.
Duty-free shopping vouchers to be launched at Pudong Airport - April 29, 2026
A round of duty-free shopping voucher promotions will be launched at Shanghai Pudong International Airport, as authorities seek to boost spending at one of China's busiest international gateways.
Shanghai accelerates growth of garden economy - April 29, 2026
In a move to formalize and expand its burgeoning garden economy, Shanghai released its first-ever Garden Economy Cooperation Opportunity List on April 20.
Shanghai’s social financing picks up in first quarter as corporate borrowing costs sink to historic low - April 29, 2026
Shanghai’s social financing increased at a faster pace in the first quarter than a year earlier, as corporate borrowing costs plunged to a record low last month, pointing to better financing conditions for the real economy.
Jing'an emerges as a global hub for consumption - April 28, 2026
Jing'an is expanding its role in Shanghai's push to build an international consumption hub, anchored by a "first-launch economy" that connects global brand debuts, domestic design platforms and retail spaces.
Shanghai's Junshi Biosciences reports revenue surge in Q1 - April 28, 2026
Shanghai-based Junshi Biosciences significantly narrowed its losses in the first quarter to 20.6 million yuan (US$3 million) compared to 235 million yuan in the same period last year. The sharp improvement came on the back of a 45 percent jump in revenue to 726 million yuan.
Shanghai biopharma firm WuXi AppTec Q1 revenue hits record - April 28, 2026
WuXi AppTec, headquartered in Shanghai, reported a 26.68% jump in first-quarter net profit to 4.65 billion yuan, driven by a 28.81 percent increase in total revenue to a record-breaking 12.44 billion yuan (US$1.82 billion).
China's Xizhi Tech pops in Hong Kong trading debut after becoming world's first AI optical computing firm to go public - April 28, 2026
Shares of Xizhi Technology, also known as Lightelligence, surged on their first day of trading in Hong Kong, with the Chinese company becoming the world's first artificial intelligence optical computing solutions developer to go public.
China-Brazil bond connected by Bank of Communications - April 28, 2026
Bank of Communications has been designated as the exclusive pilot bank for the China-Brazil Bond Connect, a major development of financial relations as collaboration among Global South countries increases.
Metro China appoints Sam's Club's ex-country president as executive chairman - April 28, 2026
Metro has appointed Andrew Miles, former president of Sam's Club China, as executive chairman of the German membership-only retailer's Chinese arm.
