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UBS sets up FTZ unit - November 06, 2015

UBS Asset Management said yesterday that it has set up a wholly owned subsidiary in Shanghai's pilot free trade zone. The new entity, UBS Global Asset Management (Shanghai) Ltd, will manage private funds


Jing'an, Zhabei merge to create 'engine' for Shanghai's growth - November 05, 2015

A BIGGER and better Jing'an District was created yesterday, as the former administrative region merged with its neighboring Zhabei District, the city government announced. In a move approved by China's


Han Zheng meets ex-Canadian PM Jean Chrétien - November 05, 2015

SHANGHAI Party Secretary Han Zheng met former Canadian Prime Minister Jean Chrétien on Monday. He briefed the guest on the city's economic and social development and spoke highly of Chrétien’s contribution


Shanghai merges downtown Jing'an with Zhabei District - November 04, 2015

THE city government officially announced the merger of Zhabei and Jing'an districts this morning. The decision has been approved by the State Council. The adjustment of administrative divisions fits the


Microchip gets ready to receive - November 04, 2015

A NEW microchip developed by a Shanghai-based company that is capable of receiving signals from China’s Beidou Navigation Satellite System will go into full production later this month. "The chip is suitable


China unveils homegrown jet - November 03, 2015

CHINA’S first homegrown large passenger plane — the twin-engine, narrow-body C919 jet — rolled off the assembly line in Shanghai yesterday, moving the country one step closer to its high-flying goal of


Young entrepreneurs set for funding boost - November 03, 2015

A SCHEME that provides guaranteed loans of up to 2 million yuan (US$315,500) to young entrepreneurs is set to be extended as the government seeks to support new businesses and stimulate the jobs market,


Playwright's residence becomes culture spot - November 02, 2015

THE former home of a celebrated Chinese playwright and screenwriter Xia Yan on Wulumuqi Road S. will be converted into a culture and exhibition center, Xuhui District officials said. Part of the building


City vows to lead on innovation - November 02, 2015

SHANGHAI will continue to be a pioneer in policy and other reforms as it seeks to become a hub of innovation with global influence, Mayor Yang Xiong said yesterday at the closure of the 27th forum of


Submersible touches depths of 4,000m - October 30, 2015

A deep-sea submersible, developed by the Shanghai Ocean University, has reached depths of 4,000 meters during a trial operation from September 26 to October 25 in the South China Sea. The "Rainbow Fish"


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