Government News
Shanghai's AI computing power hits 120,000P - January 28, 2026
Shanghai's total artificial intelligence computing capacity has surpassed 120,000 petaflops, marking a milestone in the AI infrastructure race in China and worldwide.
China to open Shanghai nickel futures, options to foreign investors - January 28, 2026
Nickel futures will become the first duty-paid non-ferrous metal futures product on the Shanghai Futures Exchange to be directly opened to global investors, according to a statement released by the exchange on January 27.
'You focus on innovation, we handle the backend': Shanghai's Lingang pitches to global startups - January 27, 2026
Grand narratives rarely influence the decision of many foreign professionals to relocate to China. Small, everyday questions, such as the ease of dealing with visas and paperwork, the availability of suitable jobs, the speed of start-up after arrival, and the manageability of daily life, typically drive their decision.
Shanghai's musical scene finds a new home in the sky - January 27, 2026
A new musical hub has opened on the 12th floor of a landmark building on Shanghai's Nanjing Road, one of China's iconic shopping streets.
Key initiatives to improve residents' livelihoods in 2026 - January 27, 2026
In 2026, the city will roll out wide-ranging livelihood initiatives covering elder care, education, housing, employment, health, culture, sports, urban environment, public services and safety.
Pop Mart rallies after Labubu maker launches new hit toy, co-branded phone - January 27, 2026
Shares of Pop Mart International Group, the Chinese toymaker behind the Labubu collectibles craze, have rebounded from a five-month slump after it released a new character collection that went viral and a co-branded phone with Honor.
Jing'an sees steady economic growth, driven by consumer activity - January 27, 2026
Over the past five years, Jing'an District has seen steady economic growth. Its GDP rose to above 300 billion yuan (US$43.05 billion), while public budget revenue exceeded 30 billion yuan. The downtown district is home to 94 office buildings generating over 100 million yuan each in annual tax revenue, and its foreign-related economy has ranked first among Shanghai's central districts for ten consecutive years.
Financial forum opens in Hong Kong, highlights new horizons in evolving world - January 27, 2026
The 19th Asian Financial Forum (AFF) opened in Hong Kong on Monday, bringing together global political and business leaders and regulatory representatives to promote international financial cooperation and policy coordination.
Shanghai's FoF gets new investment with 17 sub-funds - January 27, 2026
Shanghai's government-guided fund of funds (FoF) has included another 17 sub-funds in its third round selection, Shanghai Securities News reported on Monday.
China's Central Bank to bolster Shanghai’s development into global financial hub in 2026 - January 27, 2026
China’s central bank will support the construction of Shanghai into an international financial center this year to better meet Chinese yuan needs in terms of transaction settlement, investment, financing, and risk management.
