Government News
Shanghai art-tech conference explores AI’s creative frontier - May 28, 2025
Shanghai's Second Productivity Conference of Art and Technology is spotlighting the challenges and opportunities that artificial intelligence presents to the creative industries, further solidifying its role in the eastern city’s cultural scene.
Shanghai's historic villa designed by Hudec is auctioned for USD38 million - May 28, 2025
A 100-year-old villa in downtown Shanghai designed by Hungarian architect László Ede Hudec was sold at an auction for CNY270 million (USD37.5 million).
Intelligent computing cluster deal on medical apps - May 28, 2025
Wangsu Science and Technology, a leading information infrastructure platform service provider, and Shanghai United Imaging Healthcare recently signed a cooperation agreement to build an intelligent computing cluster for AI-driven medical applications.
China's SPDB Financial Leasing delivers very large Ethane Carrier Vessel to Shandong Marine - May 28, 2025
SPDB Financial Leasing Co., Ltd, a subsidiary of Chinese lender SPDB, has named a Very Large Ethane Carrier (VLEC) in Jiangnan Shipyard. The vessel will be delivered to Pacific Gas (Hong Kong) Holdings Limited which is a subsidiary of Shandong Marine Group in June.
Chinese lidar maker Hesai narrows first-quarter loss 84% as sales more than triple - May 28, 2025
Hesai Group’s loss shrank 84 percent in the first quarter from a year ago, as sales of the Chinese firm’s three-dimensional light detection and ranging sensors more than tripled.
Chinese auto electronics firm Keboda to acquire Europe plant by buying IMI Czech Republic - May 28, 2025
Keboda Technology, a Chinese manufacturer of automotive electronics, said it will buy Integrated Micro-Electronics Czech Republic for EUR9.4 million (USD10.7 million) so as to quickly acquire a European factory and thereby ease the impact of international trade uncertainty.
UK remains open and fair to Chinese firms, business Council chief says - May 28, 2025
China and the United Kingdom enjoy complementary strengths, and the UK remains open and fair to all Chinese firms seeking to enter its market, according to Peter Burnett, chief executive of the China-Britain Business Council.
Shanghai unveils plans for intl business cooperation zone - May 28, 2025
The detailed development plan for the Shanghai Eastern Hub International Business Cooperation Zone has been officially approved, China (Shanghai) Pilot Free Trade Zone Administration's bonded area bureau announced on Monday.
Cultural activities galore in Jing'an as May draws to a close - May 27, 2025
After a 10-month renovation, the historic Majestic Theater in Jing'an reopened on May 21 with the China premiere of West End musical "SIX." The show, part of its "See You in Shanghai" residency series, will run for eight weeks.
Shanghai develops framework to regulate virtual power plants - May 27, 2025
As China is banking on virtual power plants (VPPs) as a crucial tool to enhance the flexibility of its power grids, local grid companies across the country are stepping up efforts to develop VPPs to accelerate the integration of renewable energy sources.
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