Government News
Pudong unveils plan to boost biomedical innovation - July 29, 2025
Shanghai's Pudong New Area has released a plan to upgrade its biomedical industrial parks, as part of efforts to boost innovation and enhance the region's role in the global health sector.
Shanghai district boosts Yangtze Delta integration with 40 new projects - July 29, 2025
Agreements for 40 new projects were signed at a ceremony in Qingpu New City last Friday as the district government rolls out initiatives to attract businesses from the Yangtze River Delta region. Qingpu is one of Shanghai's five new suburban towns.
Malaysian Investors Get Access to China’s Futures Market via Shanghai Bourses - July 29, 2025
The Shanghai Futures Exchange and its subsidiary, the Shanghai International Energy Exchange, have been added to Malaysia’s list of Specified Exchanges, paving the way for Malaysian investors to access China’s futures market through local brokers, according to the Shanghai Futures Exchange’s latest newsletter.
UN official, country leaders attend forum on global AI divide at WAIC in Shanghai - July 29, 2025
Over 300 participants from more than 20 countries and regions, including United Nations official and representatives from universities, governments, and enterprises, attended a forum to discuss the growing artificial intelligence gap between developed and emerging economies during the World AI Conference.
Shanghai unveils USD1.4 billion AI application expansion support plan to boost AI ecosystem - July 29, 2025
Shanghai has unveiled a comprehensive support package of 12 measures to expand artificial intelligence applications and reduce innovation and entrepreneurship costs, featuring subsidies worth CNY10 billion (USD1.4 billion).
USD2.3 billion worth of deals inked at WAIC 2025 in Shanghai - July 29, 2025
The three-day 2025 World Artificial Intelligence Conference has ended with deals penned for 32 projects with a total investment of CNY45 billion (USD6.3 billion), while reaching an intended procurement amount of CNY16.2 billion.
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.
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