Latest News
Foreign coffee brands are upbeat on China's specialty coffee market - April 06, 2026
Many overseas coffee brands express optimism about China, especially regarding specialty coffee demand, while conducting market testing during an international exhibition in Shanghai.
Gap targeting 50 new stores as chain expands - April 06, 2026
Clothing brand Gap plans to open about 50 new stores in China this year, as its local operator Baozun Inc accelerates expansion to sustain double-digit growth in the world's second-largest apparel market.
Bayer deepens China innovation bet as pharma unit eyes 30% margin - April 06, 2026
Bayer's pharmaceuticals division is targeting a 30 percent operating margin by 2030 and a return to mid-single-digit revenue growth from 2027, as the German drugmaker seeks to move beyond pressure on older patent-exposed products and deepen China’s role in its global innovation strategy.
Shanghai's pre-owned home sales hit five-year high in March - April 06, 2026
Second-hand home sales in Shanghai reached a near five-year high last month after the city relaxed purchase restrictions for residents not registered locally, among other measures.
Tech giants redefine retail in Shanghai: immersive flagships drive new consumption trends - March 31, 2026
Technology giants Apple, Dolby, and Siemens are expanding in Shanghai by opening flagship stores that emphasize hands-on experience over traditional sales, thereby promoting a modern lifestyle and boosting local consumption.
Tourism Expo opens in 3 venues in Shanghai - March 30, 2026
Tourism Plus Shanghai 2026, a major tourism industry expo cluster, kicked off last Sunday, spanning three major venues.
Chinese drugmaker Huahai rises after signing USD340 million deal with Spain’s Almirall - March 30, 2026
Huahai Pharmaceutical’s shares gained after the Chinese drugmaker said a deal with Spanish dermatology specialist Almirall could bring in royalty payments of USD340 million.
'First in Shanghai' campaign highlights city's role in debut economy - March 30, 2026
Step into Zhangyuan Garden in downtown Shanghai and you'll find a whole array of product displays, beautiful apparels and attractive handicrafts. It is part of the "First in Shanghai" events that showcases the city's leading position for product debuts.
'First stores' opening: Jing'an stays ahead of the pack in Shanghai - March 30, 2026
Jing'an opened about five new "first stores" a week last year, keeping it ahead of other Shanghai districts and underscoring its appeal to global brands entering China.
Eight Shanghai SOEs launch AI agents contest with 50 application scenarios - March 30, 2026
Eight large state-owned enterprises have kicked off an artificial intelligence competition in Shanghai, opening up 50 application scenarios for AI agents to innovative companies, research institutions, and one-person firms to boost the integration of technology and business.
