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Shanghai to set up nearly 10,000 new 5G-A base stations this year - February 09, 2025

Shanghai will establish up to 10,000 new 5G-A base stations this year, routing more than 70 percent of the city's internet traffic through 5G network, helping Shanghai maintain its top position in terms of the density of 5G base stations in China.

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Shanghai setting up world's biggest AI incubator in Xuhui - February 09, 2025

Shanghai plans to establish the world's largest artificial intelligence development incubator, spanning 100,000 square meters, in downtown Xuhui District. This initiative underscores the city's ambition to become a global hub for AI innovation and application, local officials said last Friday.

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Shanghai to host 2025 Global Developer Conference - February 09, 2025

The 2025 Global Developer Conference, scheduled from Feb. 21 to 23 in Shanghai, is expected to bring together approximately 100 developer communities from around the world, the organizer Shanghai AI Industry Association (SAIA) said last Friday.

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Yum China jumps after logging record revenue in 2024 - February 09, 2025

Shares of Yum China Holdings rose after the operator of Kentucky Fried Chicken and Pizza Hut restaurants in the country reported a record annual revenue last year, mainly thanks to income from the fried chicken fast food chain.

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Shanghai's tech insurance guarantees hit USD3.4 trillion in 2024 - February 09, 2025

Shanghai's insurers earned CNY5.1 billion (USD690 million) in technology insurance premiums and provided risk guarantees worth over CNY25 trillion (USD3.4 trillion) last year, supporting the eastern city's development as a global science and technology hub.

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Pudong introduces plans to enhance business environment - February 09, 2025

Shanghai's Pudong New Area unveiled a series of initiatives aimed at elevating the district's business environment and spurring economic growth at the 2025 Pioneer Area Investment and Development Promotion & Business Environment Enhancement Conference held on Feb 6. Themed "Shape a Future of Mutual Success in Pudong," the conference revealed Pudong's plan to surpass Shanghai's average annual economic growth rate and sustain it above 5 percent throughout 2025.

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Shanghai’s Lingang FTZ to speed up institutional opening-up, chief says - February 09, 2025

The Lin-gang Special Area of the China Shanghai Pilot Free Trade Zone will conduct stress tests to facilitate a deeper opening of key service industries, including cross-border and offshore finance, offshore trade, cross-border data flows, transborder medical services, and high-energy shipping, as well as to enhance the freedom and efficiency of the Yangshan Special Comprehensive Bonded Zone, implementing all-round innovative development in the area, according to Chen Jinshan, director of the FTZ management committee.

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Shanghai researchers develop non-invasive method to monitor blood glucose - February 06, 2025

Shanghai researchers have devised a revolutionary, non-invasive method to monitor blood glucose, allowing for accurate blood glucose level measurements by simply placing a palm on a monitoring device, Shanghai Ruijin Hospital said on Wednesday.

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New-type energy storage poised to fuel China's growth - February 06, 2025

In the eastern Chinese coastal county of Rudong, Jiangsu province, a 35-storey-high steel structure houses around 1,000 25-metric-ton gravity blocks that are lifted to store surplus renewable energy and lowered to produce electricity during peak demand.

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Shanghai sees surge in cross-border trips during Spring Festival holiday - February 06, 2025

Shanghai saw nearly 1.03 million inbound and outbound passenger trips during the eight-day Spring Festival holiday, marking a yearly increase of 28.9 percent, said the Shanghai General Station of Immigration Inspection on Wednesday.

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