Government News
Shanghai launches program to bolster government-subsidized housing supply - April 01, 2026
The first apartment purchased via Shanghai's mechanism of acquiring pre-owned homes to guarantee the supply of government-subsidized rental housing completed its transaction on Tuesday, marking a closed loop of home circulation under the pilot program.
Shanghai blazes a unique path in becoming a global hub for the launch of products - March 29, 2026
Shanghai has pioneered a unique path since proposing in 2018 to develop itself into a global hub for product debuts, contributing valuable experience for other cities, according to a report released last Saturday in Shanghai by the Development Research Center of the State Council.
Chip firms signal 'localized supply chain' at SEMICON China 2026 - March 29, 2026
Shanghai hosted the nation's largest semiconductor trade show, SEMICON China 2026, from last Wednesday to Friday. Covering over 100,000 square meters, the event showcased China's "de-risking" strategy as domestic equipment manufacturers transition from prototype to high-volume industrialization.
AI summit takes flight in Shanghai with 'lobster wave' - March 29, 2026
The 2026 Global Developer Pioneers Summit (GDPS) kicked off on March 27 in Shanghai, transforming the city-level artificial intelligence conference into a sea of bright red lobster logos.
Chinese e-retailer PDD charts new path with USD14.5 billion investment in self-owned brand - March 29, 2026
PDD Holdings will invest CNY100 billion (USD14.5 billion) over three years to integrate the supply chains of both its e-retail platform Pinduoduo and its global shopping platform Temu, to launch its own brand “Xinpinmu.”
Shanghai unveils 2026 action plan to empower five suburban 'New Cities' - March 29, 2026
Shanghai unveiled an action plan last Thursday to boost industrial clusters, urban services, and innovation ecosystems in five suburban "new cities."
Shanghai climbs to sixth among world's top financial centers - March 29, 2026
Shanghai has moved up two rungs to rank as the world's sixth-most competitive financial center in the latest list compiled by the China Development Institute and Z/Yen Group.
Tourism, talent, takings: Shanghai's comprehensive rural revitalization moves - March 26, 2026
Shanghai is poised to further boost its rural development with a basket of measures, ranging from tourism promotion and landscape improvement to talent cultivation and income enhancement.
Data product IPs drive value creation in Shanghai - March 26, 2026
A total of 837 data products had generated over 19.6 billion yuan ($2.84 billion) in economic value through licensing, trading, and service fees by February since Shanghai became one of the first cities in China to initiate the intellectual property registration of data products in December 2024.
China's RoboSense, Hesai see robot lidar sales surge in 2025 - March 26, 2026
Sales of light detection and ranging sensors to the fast-growing robotics industry are becoming a major growth engine for RoboSense Technology and Hesai Technology, two leading Chinese makers.
