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  • Shanghai to further accelerate NEV charging facility construction

    Shanghai will further pace up the construction of charging facilities for new electric vehicles (NEVs), adding 100,000-200,000 charging poles in the next three years, according to Wu Jincheng, director of the Shanghai Municipal Commission of Economy and Informatization.


  • Shanghai vows firm support for development of foreign enterprises

    Shanghai will firmly support the development of foreign enterprises in the city, local authorities said at the International Business Leaders' Advisory Council for the Mayor of Shanghai (IBLAC) convened recently online.


  • Shanghai North Bund works on headquarters economy, setting new benchmark for development

    Nearly 100 headquarters are about to settle in the North Bund in near future, making it a new growth engine for Hongkou district and Shanghai, according to Global Promotion Event on the Development and Construction of the North Bund held in Hongkou on Sunday.


  • INVISTA breaks ground on chemical plant in Shanghai

    INVISTA Nylon Chemicals (China) Co., Ltd. held a groundbreaking ceremony in Shanghai Tuesday to officially mark the start of construction on its 400,000-tonne per year adiponitrile (ADN) plant at the Shanghai Chemical Industry Park.


  • Shanghai's foreign capital inflows up 4.1 pct in first four months

    Shanghai's foreign capital inflows rose 4.1 percent year on year to about 6.46 billion U.S. dollars in the first four months of 2020, officials said Friday at the Singapore-Shanghai Economic Cooperation Roundtable.


  • Shanghai issues guidelines to promote TCM development

    Shanghai municipal government issued on Monday guidelines to promote inheritance and innovation of traditional Chinese medicine (TCM) and coordinated development of TCM with Western medicine.


  • Shanghai launches fintech industry alliance to propel sector development

    East China's Shanghai has recently launched the Shanghai Fintech Industry Alliance (SFIA) to advance high-end clustering and high quality development of local fintech sector.


  • Shanghai to accelerate construction of characteristic industrial parks

    Shanghai will accelerate the construction of characteristic industrial parks and promote investment in local industries, according to policies issued by Shanghai last Friday.


  • Shanghai arbitration center aids aviation sector resume business

    The Shanghai International Arbitration Center (SHIAC) has launched a project to reduce the cost of dispute resolution for airlines and help them resume full-scale business.


  • Shanghai's online retail sales exceeds RMB 40 bln in first 10 days of May

    Shanghai's online sales grew rapidly from May 1 to 10, with online retail sales exceeding 40 billion yuan, Hua Yuan, director with Shanghai Municipal Commission of Commerce told a press conference on Wednesday.


  • Shanghai's Lingang Area targets fast-growing service industry

    Shanghai's Lingang Area, a newly launched section of the Shanghai free trade zone, is seeking to further promote high-quality development of the service sector, with a planned average annual growth of the value added of the tertiary industry exceeding 20 percent by 2025.


  • Shanghai livestreams to boost tourism consumption

    Shanghai's local authorities and travel companies have teamed up to launch livestreaming shows to boost post-epidemic tourism consumption.


  • Tesla says Shanghai gigafactory under normal maintenance work

    Tesla China said Thursday that its Shanghai gigafactory was adjusting the production arrangement, as a response to recent media coverage about its production after the Labor Day holiday.


  • Shanghai to invest 10 bln yuan in 5G construction in 2020

    A total of nearly 10 billion yuan will be invested in 5G construction this year in China's economic center Shanghai, according to an official with Shanghai Municipal Commission of Economy and Informatization on Thursday.


  • Shanghai to invest 270 bln yuan in "new infrastructure" in next 3 years

    Shanghai is expected to invest a total of around 270 billion yuan (about 38.1 billion U.S. dollars) in its first batch of 48 major "new infrastructure" projects in the next three years, local authorities said Thursday.


  • Shanghai launches online exhibition platform

    Shanghai, one of the world's leading exhibition centers, announced the launch of an online exhibition platform Thursday to offset the impact of COVID-19.


  • Regional headquarters projects of 18 multinational corporations inked in Pudong, China

    Pudong, a district in east China's Shanghai, saw regional headquarters projects with intention of 18 multinational companies inked on Wednesday at a conference of boosting high-quality development of the headquarters economy in the area. 


  • Balance of loans up 4.8 pct in Shanghai by March

    The balance of loans in Shanghai stood at 8.01 trillion yuan (about $1.13 trillion) at the end of March, up 4.8 percent year on year, official data showed.


  • Shanghai to resume continuous trading of futures and options

    Continuous trading of futures and options during nighttime will resume on the Shanghai Futures Exchange (SHFE) and its subsidiary, the Shanghai International Energy Exchange (INE) on May 6, the SHFE announced Friday.


  • Shanghai issues more license plates to spur auto sales

    Shanghai has added 40,000 license plates of non-commercial vehicles to its annual quotas for the year to spur car sales, local authorities said Thursday.


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