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Shanghai looks to be biomed valley of Asia
2021-01-14
Multiple new biomedicine projects were included on Jan 4 among the 64 new projects in Shanghai, which is positioning itself to be a biomedical hub for Asia.
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China's financial hub wants to be global AI powerhouse
2021-01-14
Shanghai is expected to host an artificial intelligence-backed super computing platform by next year as the city pushes to use the technology for industry empowerment and urban management.
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Chinese e-commerce platform Hema Fresh launches cross-border shopping
2020-12-14
E-commerce platform Hema Fresh, Alibaba's fresh-food chain, has announced a cross-border shopping project that helps Chinese consumers purchase imported goods quickly and easily.
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Pudong govt turns to NEV sector
2020-12-07
Pudong New Area government has become one of the latest authorities vying to expand its new energy vehicle industry by recently teaming up with SAIC Motor to develop a new, premium electric vehicle brand called Zhiji Motor.
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Big capacity expected for ABB robotics factory in Shanghai
2020-11-06
The robotics manufacturing and research facility of ABB, which started construction in Shanghai in 2019, is expected to achieve an annual production capacity of 100,000 robots.
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Investors flock to Shanghai amid pandemic
2020-11-06
Despite the faltering global economy due to the COVID-19 pandemic, the cosmopolitan city of Shanghai has kept its allure for foreign investors who are optimistic about their prospects in the market.
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JPMorgan building more ties with China
2020-11-04
JPMorgan is working to introduce all of its major business lines into China to build a more complete financial service platform in the fast-growing market, a senior official of the leading global investment bank said.
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Volvo construction unit expects 50% sales growth this year
2020-11-03
Sales of Volvo Construction Equipment in China, an arm of Sweden's Volvo Group, are expected to see year-on-year growth of 50 percent this year, according to Chen Lin, vice president of Volvo CE China Sales Region, on Nov 2.
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