
Government News
UniXell's novel epilepsy therapy is first of its kind to enter clinical trials in both China, US - April 08, 2026
Chinese biotech firm UniXell Biotechnology’s new cell therapy for intractable, or hard-to-treat, epilepsy has been cleared for clinical trials in both China and the United States, making the drug the first medicine in its field to reach the clinical stage in both countries.
Shanghai rolls out Americas Flavor Season with citywide promotions - April 08, 2026
Shanghai launched the Global Taste in Shanghai Americas Flavor Season on April 2, kicking off a series of themed culinary events, promotional campaigns, and consumption initiatives across the city.
China's housing rents rise for only third time in two years in March - April 08, 2026
Housing rents in key Chinese cities climbed in March, mostly driven by the country's first-tier cities, making it only the third month after July 2024 and February 2025 to log an increase over the past two years.
Shanghai Disney Resort is a top cultural tourism destination, report says - April 08, 2026
Shanghai Disney Resort has emerged as a premier cultural tourism destination, drawing an increasing number of visitors since its opening by blending Disney storytelling with Chinese cultural elements, according to a report released by the China center for international economic exchanges on Wednesday.
German states court Chinese investors at Shanghai forum - April 08, 2026
Representatives from 10 of Germany’s 16 federal states appeared in force at a recent forum in Shanghai to pitch their regions to Chinese investors.
Shanghai issues guidelines to support state-owned capital’s role of lead investor - April 08, 2026
Shanghai has released a new set of guidelines to promote state-owned capital to become a long-term, patient, and strategic investor serving industrial development and assume the role of lead investor.
Otis eyes growth expansion driven by lifecycle solutions - April 07, 2026
Otis Worldwide Corp is strategically targeting China's "replacement wave" of older elevators, capitalizing on national policies promoting large-scale equipment renewals to expand its local footprint.
Mastercard keen on money movement - April 07, 2026
Forging closer ties with local partners while fully embracing emerging technologies is key to Mastercard's evolution from traditional card-centric businesses to a global money movement network, said Pratik Khowala, the company's executive vice-president and global head of transfer solutions.
Cheng arrives in Shanghai, kicking off KMT delegation's mainland visit - April 07, 2026
A delegation of the Chinese Kuomintang (KMT) party, led by its chairwoman Cheng Li-wun, arrived in Shanghai at noon on Tuesday for a mainland visit that will run through Sunday.
Spring break gives Shanghai a boost in family vacation spending - April 02, 2026
Shanghai's holiday economy is getting an early lift as spring breaks in multiple provinces overlap with the Qingming Festival travel period, drawing family travelers to the city's theme parks and extending demand into hotels, transport and nearby destinations, Jiefang Daily reported on April 2.

