Government News
Shanghai's Pudong New Area launches USD278 million AI seed fund to support tech innovation - July 28, 2025
Pudong New Area, a pilot free trade zone in Shanghai, has unveiled an artificial intelligence fund worth CNY2 billion (USD278 million) aimed at startups and focused on investing in cutting-edge AI innovation technologies.
"Shanghai Day" lights up Lincoln Center in New York - July 27, 2025
Co-hosted by the China Shanghai International Arts Festival Center and Lincoln Center for the Performing Arts, "Summer for the City: Shanghai Day" ignited a cultural wave in New York City.
Foreigners stepped up Chinese yuan asset buying in first half, PBOC’s Shanghai branch says - July 27, 2025
Overseas investors further increased their allocations to Chinese yuan assets in the first half of the year, with a particular focus on stocks, according to the Shanghai branch of China’s central bank.
Shanghai’s first-half GDP grows 5.1% as factory activity, consumption, home sales pick up - July 27, 2025
Shanghai’s economy expanded at a 5.1 percent clip in the first half from the year before, the same pace as in the first quarter, driven by improved performances in industrial production, consumption and new home sales.
Shanghai aims to build world-leading smart-driving zone by 2027 - July 27, 2025
Shanghai unveiled a plan, last Saturday, at the World Artificial Intelligence Conference (WAIC) 2025 to establish a global-leading smart driving zone by 2027.
Shanghai Chongming, the wetland wonder - July 24, 2025
Nine Chinese cities, including Chongming, were certified as International Wetland Cities (IWCs).
Volant Aerotech inks USD1.75 billion air taxi deal, biggest for a Chinese supplier - July 24, 2025
Volant Aerotech has signed a USD1.75 billion deal to supply electric vertical take-off and landing aircraft for use mainly in Thailand and the Maldives, making it the largest order so far placed with a Chinese eVTOL business.
S Prakash Art Center previews Biwako Biennale in Shanghai - July 23, 2025
The new exhibition at S Prakash Art Center in downtown Shanghai offers a glimpse of the upcoming Biwako Biennale, which will take place around Lake Biwa in Shiga prefecture, Japan, from Sept 20 to Nov 16.
Shanghai screenings for German cinema masterpieces - July 23, 2025
"Retrospective of German Film Masters," launched by the Shanghai Art Film Federation, will be held at Shanghai Film Art Center from July 25 to August 3, with online ticket sales starting from 12pm, July 23 on Taopiaopiao and Maoyan apps.
Shanghai’s Star Market turns six with USD153.4 billion raised - July 22, 2025
Shanghai's Star Market has helped science and technology firms raise more than CNY1.1 trillion (USD153.4 billion) since its launch six years ago.
