Government News
Haoyuan industrial park to open in late May - February 25, 2025
With a total investment of 400 million yuan (US$54.92 million), the park aspires to create an industrial chain that connects smart manufacturing, sensors, medical equipment and the emerging online economy.
UOB China to exit retail banking, hand business to Fubon Bank's Chinese mainland unit - February 25, 2025
The Chinese wholly-owned subsidiary of Singaporean lender United Overseas Bank will transfer its personal banking business to Fubon Bank (China).
Shanghai airports see record high passenger flow, flights during holiday rush - February 25, 2025
Shanghai's two airports recorded historic passenger flow and flight amount during this year's 40-day long Spring Festival travel rush, with their single-day passenger flow crossing the mark of 410,000 passenger trips for the first time, according to the Shanghai Airport (Group) Co Ltd.
Shanghai unveils 3-year plan to become China's premier inbound tourism gateway - February 25, 2025
The Shanghai Municipal Government recently released a three-year action plan spanning from 2025 to 2027, outlining its vision to establish Shanghai as China's premier inbound tourism gateway and a model for integrating cultural experiences with tourism offerings.
High-speed railway linking Shanghai, Nanjing and Hefei under construction - February 24, 2025
An aerial drone photo taken on Feb. 23, 2025 shows the installation site of box girders of a high-speed railway linking Shanghai, Nanjing of Jiangsu Province and Hefei of Anhui Province in east China.
High-speed railway linking Shanghai, Nanjing and Hefei under construction - February 24, 2025
An aerial drone photo taken on Feb. 23, 2025 shows the installation site of box girders of a high-speed railway linking Shanghai, Nanjing of Jiangsu Province and Hefei of Anhui Province in east China. The railway is part of China's high-speed rail network that centers around eight main vertical lines linking the north and south and eight horizontal lines connecting the east and west.
Shanghai unveils measures to reduce operational costs for enterprises - February 24, 2025
Shanghai has announced the continuation of a comprehensive set of measures aimed at reducing operational costs to bolster the business environment and support the development of enterprises. The announcement was made during a news conference hosted by the Shanghai Municipal Development and Reform Commission last Friday.
Humanoid robots steal limelight at GDC 2025 - February 24, 2025
The Global Developer Conference (GDC) 2025 has shifted the spotlight from dog-like automatons to sophisticated humanoid robots, showcasing the rapid advancements of China's burgeoning robotics industry, indicating the industry's approach to its "DeepSeek" moment.
Chinese e-grocer Freshippo's founder opens pet food store chain - February 24, 2025
The founder of Freshippo, Alibaba Group Holding's fresh food supermarket chain, has opened a pet food store in Shanghai, planning a rapid expansion in the eastern city.
Singaporean builders may herald foreign investors' return to China's property market, Jingjian Consulting's Zhang says - February 24, 2025
Recent investments by Singaporean property developers in Shanghai may be a sign that foreign investors will soon return to China’s real estate market, according to Jingjian Consulting founder Zhang Hongwei.
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