Government News
Chinese telecom carriers turn AI tokens into mobile-style plans in race for users - May 18, 2026
Chinese telecom operators are packaging artificial intelligence usage into subscription plans, turning "tokens" — the basic unit consumed by large AI models — into the industry's newest billing metric as carriers race to monetize the country's AI boom.
Shanghai bets on rail and data to bind Yangtze River Delta closer together - May 18, 2026
From cross-provincial commuter railways to shared autonomous-driving data, Shanghai is pushing to turn the Yangtze River Delta into a more seamless economic region, as officials prepare the next phase of China's regional integration drive.
Foreign carmakers repurpose Chinese plants as export hubs - May 18, 2026
Foreign automakers, once content to manufacture and sell within China, are turning their joint-venture factories into global export hubs, tapping the world's largest auto market for cost advantages and advanced local technology as they seek to boost competitiveness.
Foreign investors meet executives from Beijing tech innovators at Shanghai bourse - May 18, 2026
More than 30 international institutional investors visited listed companies in Beijing and Shanghai to hold discussions with the management teams about accessing key innovative technology companies.
Second Senior Officials' Meeting of APEC China 2026 opens in Shanghai - May 18, 2026
The opening session of the Second Senior Officials' Meeting of APEC China 2026 was held in Shanghai on Monday.
Shanghai Information Consumption Festival offers tokens, public discounts - May 17, 2026
Shanghai launches the 2026 Shanghai Information Consumption Festival on May 17 to boost the digital economy and offer shopping subsidies to consumers.
Envision bags wind energy project in Canada - May 17, 2026
Envision Group, a leading Chinese green technology firm, has signed a strategic cooperation agreement with Cape Breton China Corp (CBCC) to develop a 300-megawatt integrated wind and energy storage project in Nova Scotia, Canada.
China's second homegrown large cruise ship begins first sea trial - May 17, 2026
China's second domestically built large cruise ship set sail last Saturday on a 12-day sea trial, the final major step before the ship's official delivery as the country expands its push into the cruise tourism market.
Shanghai unveils new action plan to upgrade smart government services - May 17, 2026
The "Government Online-Offline Shanghai" platform has been advancing Shanghai's "efficiently getting one thing done" initiative in recent years, achieving notable results in improving public services and optimizing the business environment.
Fosun Pharma to pay up to USD240 million more for global rights to AriBio's early Alzheimer’s drug - May 14, 2026
Fosun Pharmaceutical plans to invest up to an additional USD240 million to secure the exclusive rights to an innovative early Alzheimer’s drug developed by South Korea’s AriBio in major markets such as the United States and Europe, expanding on what the Chinese drugmaker has already secured in other regions.
