Government News
Shanghai reports consumption jump during shopping festival - June 21, 2026
The 7th Shanghai Double Five Shopping Festival had laid on 21 IP events and more than 100 promotional activities across the city's commercial districts, brand enterprises and e-commerce platforms as of the end of May.
Fourier’s humanoid robots, other smart devices get to work at new Perkeso rehab center in Malaysia - June 17, 2026
Humanoid robots and other intelligent rehabilitation devices developed by China’s Fourier Intelligence have been put into use at the new neuro-robotics and cybernics rehabilitation center of the Social Security Organization, a Malaysian government agency known as Perkeso.
Seeking to be robotic era’s Huaqiangbei, Shanghai’s Zhangjiang Science City unveils new supply chain platforms - June 17, 2026
The Zhangjiang Science City, located in the Shanghai Free Trade Zone, has launched a set of supply chain collaboration platforms for the robotics industry, including one for embodied intelligence, to quickly connect startups with suppliers and hasten the industrialization of this emerging sector.
China to host 2026 World AI Conference in Shanghai in July - June 17, 2026
China will host the 2026 World Artificial Intelligence (AI) Conference and High-Level Meeting on Global AI Governance in Shanghai this July, a Chinese official said Wednesday."
New measures to speed goods and travelers through Shanghai ports - June 17, 2026
Shanghai handles nearly one-fifth of China's foreign trade in value. The Yangshan and Waigaoqiao port complexes are among the world's largest container terminals.
26 financial institutions sign on as direct participants with e-CNY Center International - June 17, 2026
Cross-border e-CNY (digital Chinese yuan) services have made new progress with 26 financial institutions signing on as direct participants with e-CNY Center International Co Ltd in Shanghai Tuesday.
Overseas investors hold 600 bln USD worth of Chinese stocks by Q1 - June 17, 2026
Overseas investors held about 600 billion U.S. dollars worth of Chinese equities at the end of the first quarter of 2026, Zhu Hexin, head of the State Administration of Foreign Exchange, said on Wednesday.
Shanghai charts path to greater offshore finance role - June 17, 2026
Chinese Vice Premier He Lifeng said that Shanghai will get assistance to further strengthen its standing as a global financial hub.
CICC’s takeover of brokers Dongxing, Cinda enters regulatory approval stage - June 16, 2026
China International Capital Corporation’s planned acquisition of Dongxing Securities and Cinda Securities, two mid-sized competitors, has entered the regulatory approval stage, moving the deal closer to forging a brokerage giant with over CNY1 trillion (USD147.9 billion) of assets.
Tencent-backed AI chipmaker Enflame gets Shanghai Bourse’s go-ahead for USD888 million IPO - June 16, 2026
Enflame Technology, a Tencent Holdings-backed maker of artificial intelligence chips, has had its CNY6 billion (USD888 million) initial public offering approved by the Shanghai Stock Exchange.
