Government News
Shanghai announces plans for urban renewal projects - August 24, 2026
Shanghai is to launch a series of urban renewal projects, including the upgrading of at least 150 commercial and office buildings and 5 million square meters of commercial facilities by 2030, according to the Shanghai Observer.
Shanghai eyes 58 million TEUs in 15th Five-Year Plan (2026-30) - August 24, 2026
Shanghai has set a series of transportation targets for 2030, including an annual container throughput of more than 58 million TEUs (twenty-foot equivalent units) and air passenger throughput of 150 million passenger trips, as the city moves to strengthen its role as a world-class international shipping center and a socialist modern international metropolis with global influence.
Estee Lauder reports strong sales on back of Chinese mainland market - August 23, 2026
The Estee Lauder Companies closed fiscal 2026 with its strongest quarter of the year, as its Chinese mainland business gained market share for a sixth consecutive quarter and organic net sales rose nine percent, outpacing the broader prestige beauty market in China.
Miaohang launches fashion consumption season to build new Shanghai hub - August 23, 2026
Miaohang Town in Shanghai's Baoshan district kicked off its 2026 fashion consumption season last Friday, rolling out an industrial development roadmap, launching a fashion alliance with leading enterprises, and forging academic partnerships to build a core fashion consumption destination in northern Shanghai.
Shanghai advances global pricing ambitions with first rubber futures delivery abroad - August 23, 2026
The Shanghai International Energy Exchange has successfully completed its first physical delivery of rubber overseas through a futures contract, a development that is expected to increase China's influence in international pricing.
Chinese delegation for 48th WorldSkills Competition formed - August 23, 2026
China has formed its national delegation for the 48th WorldSkills Competition to be held in Shanghai in September, the Ministry of Human Resources and Social Security announced last Sunday.
Shanghai unveils measures to boost property sector - August 20, 2026
Authorities in Shanghai rolled out a series of measures to further stimulate the property sector Thursday, including lowering the minimum down payment for second-home purchases in suburban areas.The m
Shanghai's 5-year plan highlights people's sports, industry integration - August 20, 2026
Further developing mass-participation sporting events that integrate sports with other industries and upgrading public fitness facilities will become key priorities in Shanghai's 15th Five-Year Plan for sports development, according to a municipal government press conference held on Thursday.
Tesla integrates Chinese Doubao AI model for in-vehicle systems - August 20, 2026
US automaker Tesla has integrated Doubao, a large language model developed by technology firm ByteDance, into its electric vehicles sold in the Chinese mainland, according to Tesla China.
CARsgen begins commercial rollout of world’s first solid-tumor CAR-T therapy in China - August 20, 2026
Chinese innovative drug developer CARsgen Therapeutics Holdings has completed T-cell collection for its first foreign patient receiving its chimeric-antigen receptor T-cell therapy targeting advanced gastric cancer, which is the world’s first treatment of its kind for solid tumors.
