Government News
AMD CEO predicts AI user boom over next five years - May 20, 2026
Lisa Su, chief executive officer of Advanced Micro Devices, forecast explosive adoption of artificial intelligence over the next five years at the US semiconductor giant’s AI conference in Shanghai.
China's Kelin Electric to buy controlling stake in humanoid robot startup for up to USD44.1 million - May 20, 2026
Kelin Electric, a Chinese smart power system supplier, said it will invest as much as CNY300 million (USD44.1 million) to acquire a controlling stake in a domestic humanoid robot startup to expand into the robotics sector.
Embodied AI startup Deep Robotics moves closer to Shanghai listing - May 20, 2026
Deep Robotics Technology, a developer of embodied artificial intelligence and one of Hangzhou’s so-called “Six Little Dragons,” has had its application for a Shanghai initial public offering accepted.
Apple flavor to buy NovoSana's China assets for up to USD66 million in health supplements push - May 20, 2026
Apple Flavor & Fragrance Group will spend a maximum of CNY450 million (USD66 million) to acquire all the China assets of the Netherlands’ NovoSana (Europe) to enable the Chinese food ingredients supplier to expand into the nutritional and health supplement raw materials sector.
Shanghai launches electronic label pilot program for imported cosmetics - May 20, 2026
Imported cosmetic products are set to have electronic labels that will make it easier for both users and government supervision, thanks to a pilot program launched in the Pudong New Area, Shanghai Customs announced on Tuesday.
Second senior officials' meeting of APEC China 2026 held in Shanghai - May 19, 2026
The Second Senior Officials' Meeting (SOM2) of APEC China 2026 was held in Shanghai from Monday to Tuesday.
SIAL Shanghai serves up global food trends - May 19, 2026
The 2026 SIAL Shanghai opened on May 18, bringing together more than 5,000 exhibitors from 75 countries and regions to showcase the latest trends, products and innovations in the global food and beverage industry.
Chinese exoskeleton startup Hypershell bags USD50 million in new round led by Ant, Meituan - May 19, 2026
Hypershell, a Chinese manufacturer of wearable robotic external skeletons that support human movement, has secured USD50 million in its latest funding round, led by Chinese fintech giant Ant Group and Meituan Dragonball, the industrial investment fund of on-demand services giant Meituan.
Shanghai Museum pass to push city's record visitor numbers higher - May 19, 2026
To mark the International Museum Day, the Shanghai Museum Pass, a special edition of Shanghai Pass tourism card, was launched under the auspices of the Municipal Administration of Culture and Tourism and Jiushi Group Urban Tourism Card Company.
New home prices rise or hold steady in 21 major Chinese cities in April, five more than in March - May 19, 2026
The number of major Chinese cities where new-build house prices increased or stayed the same last month rose to 21 from 16 the month before, according to new figures from the National Bureau of Statistics.
