Government News
Shanghai targets major global hub for consumption, trade by 2030 - September 16, 2026
Shanghai will further consolidate its position as a global trade center by 2030, outlining a series of targets to enhance its appeal as a global consumption hub through high-standard opening-up, according to officials.
SAIC's Overseas sales top 1 million as global expansion gathers pace - September 15, 2026
SAIC Motor sold 139,000 vehicles overseas in August, up 57.7 percent year on year, maintaining strong growth in international markets.
China’s Grandit jumps on USD164 Million plan to boost domestic high-purity quartz supply - September 15, 2026
Shares in Grandit surged by as much as 6.4 percent on Monday after the Chinese semiconductor electronic materials supplier said its joint-venture acquisition vehicle will invest CNY1.1 billion (USD164 million) to construct a high-purity semiconductor quartz materials factory to meet growing domestic demand for this high-end material.
DMCC sees over 1,000 Chinese firms join Dubai free trade zone in 2025 - September 15, 2026
China is playing a leading role in shaping the future of global trade across diverse sectors, as more Chinese businesses have settled in Dubai for international expansion last year, said a senior executive on Monday during a roadshow in Shanghai.
Meituan just put food delivery in the sky - September 15, 2026
Food delivery in Shanghai has reached new heights.
Shanghai unveils new GW-class space-based computing network project - September 15, 2026
Shanghai has launched the "Pearl Constellation Project," aiming to shift part of computing capacity from ground infrastructure to low Earth orbit and build a gigawatt-class space-based computing constellation and a global computing network.
Demo day connects Latin American startups with Chinese investors - September 14, 2026
About 50 startup and venture capital representatives from Argentina, Uruguay, Chile, Colombia, and Paraguay presented projects and explored collaboration with Chinese investors at a demo day in Shanghai on Sept 8.
Meituan launches its second drone delivery network in China at Shanghai West Bund - September 14, 2026
The second low-altitude aerial network of Chinese food delivery giant Meituan has officially commenced operations at Shanghai West Bund, the area along the Huangpu River in the city’s central Xuhui district.
China’s Yangtze River Delta sets up USD186.3 million basic research fund - September 14, 2026
The Yangtze River Delta region, which comprises the eastern Chinese city of Shanghai and parts of Zhejiang, Jiangsu and Anhui provinces, has unveiled a CNY1.25 billion (USD186.3 million) fund to address financing challenges in cross-provincial research collaboration.
Shanghai positions InnoMatch as a platform for global innovation - September 14, 2026
Shanghai used its annual InnoMatch technology-transfer conference for international innovation, bringing together Chinese and foreign businesses, research, and technological demands.
